FY2027 EPS Estimates for MUFG Boosted by Erste Group Bank

Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) – Equities research analysts at Erste Group Bank increased their FY2027 earnings per share estimates for shares of Mitsubishi UFJ Financial Group in a research report issued to clients and investors on Wednesday, July 15th. Erste Group Bank analyst H. Engel now forecasts that the company will earn $1.49 per share for the year, up from their prior estimate of $1.48. Erste Group Bank has a “Buy” rating on the stock. The consensus estimate for Mitsubishi UFJ Financial Group’s current full-year earnings is $1.47 per share.

Several other research analysts have also recently weighed in on MUFG. Weiss Ratings cut Mitsubishi UFJ Financial Group from a “buy (b)” rating to a “hold (c)” rating in a research report on Tuesday. Mitsubishi UFJ Financial Group started coverage on Mitsubishi UFJ Financial Group in a research report on Thursday, June 25th. They issued a “buy” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy”.

Mitsubishi UFJ Financial Group Stock Performance

MUFG opened at $22.15 on Friday. The company has a market capitalization of $262.91 billion, a price-to-earnings ratio of 15.71, a P/E/G ratio of 0.89 and a beta of 0.39. The business’s 50-day moving average price is $20.04 and its two-hundred day moving average price is $18.56. Mitsubishi UFJ Financial Group has a 1 year low of $13.27 and a 1 year high of $22.83. The company has a debt-to-equity ratio of 1.75, a current ratio of 0.98 and a quick ratio of 0.98.

Hedge Funds Weigh In On Mitsubishi UFJ Financial Group

A number of large investors have recently modified their holdings of MUFG. Toronto Dominion Bank grew its holdings in shares of Mitsubishi UFJ Financial Group by 251.7% in the 4th quarter. Toronto Dominion Bank now owns 4,816,589 shares of the company’s stock valued at $76,391,000 after acquiring an additional 3,447,183 shares in the last quarter. Fisher Asset Management LLC boosted its position in Mitsubishi UFJ Financial Group by 2.0% during the fourth quarter. Fisher Asset Management LLC now owns 93,276,119 shares of the company’s stock valued at $1,479,359,000 after purchasing an additional 1,789,620 shares during the last quarter. JPMorgan Chase & Co. boosted its position in Mitsubishi UFJ Financial Group by 180.1% during the third quarter. JPMorgan Chase & Co. now owns 2,162,410 shares of the company’s stock valued at $34,469,000 after purchasing an additional 1,390,497 shares during the last quarter. Clearbridge Investments LLC grew its stake in Mitsubishi UFJ Financial Group by 20.0% in the fourth quarter. Clearbridge Investments LLC now owns 6,730,203 shares of the company’s stock valued at $106,741,000 after purchasing an additional 1,121,241 shares in the last quarter. Finally, DV Equities LLC bought a new position in Mitsubishi UFJ Financial Group in the fourth quarter valued at approximately $13,543,000. 13.59% of the stock is currently owned by institutional investors and hedge funds.

About Mitsubishi UFJ Financial Group

Mitsubishi UFJ Financial Group, Inc (MUFG) is a Tokyo-based financial services holding company and one of Japan’s largest banking groups and among the world’s leading financial institutions. The group was formed through the integration of Mitsubishi Tokyo Financial Group and UFJ Holdings and operates a comprehensive suite of banking and financial services for retail, corporate, and institutional clients. MUFG’s core banking operations are conducted through its commercial banking arm and a network of domestic and international subsidiaries and affiliates.

MUFG offers a broad range of products and services including commercial and retail banking, corporate and investment banking, global transaction banking, trust banking, asset management, securities and brokerage services, credit cards, consumer finance, leasing and custody services.