Mitsubishi UFJ Financial Group (NYSE:MUFG) Trading Up 4.3%

Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) shares were up 4.3% on Friday . The company traded as high as $10.86 and last traded at $10.85. Approximately 211,623 shares traded hands during mid-day trading, a decline of 92% from the average daily volume of 2,711,233 shares. The stock had previously closed at $10.40.

Mitsubishi UFJ Financial Group Trading Up 3.8 %

The stock’s fifty day moving average price is $10.18 and its two-hundred day moving average price is $9.77. The firm has a market capitalization of $126.64 billion, a price-to-earnings ratio of 12.41, a price-to-earnings-growth ratio of 0.99 and a beta of 0.61.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last announced its quarterly earnings results on Wednesday, May 15th. The company reported $0.13 EPS for the quarter, topping the consensus estimate of $0.06 by $0.07. Mitsubishi UFJ Financial Group had a net margin of 12.68% and a return on equity of 7.91%. The firm had revenue of $22.78 billion for the quarter. Analysts anticipate that Mitsubishi UFJ Financial Group, Inc. will post 0.79 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Natixis Advisors L.P. increased its stake in Mitsubishi UFJ Financial Group by 6.6% in the fourth quarter. Natixis Advisors L.P. now owns 11,787,853 shares of the company’s stock valued at $101,493,000 after purchasing an additional 727,837 shares during the period. Goldman Sachs Group Inc. boosted its holdings in Mitsubishi UFJ Financial Group by 1.0% during the fourth quarter. Goldman Sachs Group Inc. now owns 11,508,806 shares of the company’s stock worth $99,091,000 after buying an additional 115,364 shares in the last quarter. Fisher Asset Management LLC purchased a new stake in Mitsubishi UFJ Financial Group during the fourth quarter worth about $57,968,000. Dimensional Fund Advisors LP raised its position in Mitsubishi UFJ Financial Group by 0.9% during the fourth quarter. Dimensional Fund Advisors LP now owns 5,873,087 shares of the company’s stock worth $50,567,000 after acquiring an additional 53,757 shares during the last quarter. Finally, Chevy Chase Trust Holdings LLC raised its position in Mitsubishi UFJ Financial Group by 602.7% during the first quarter. Chevy Chase Trust Holdings LLC now owns 5,661,392 shares of the company’s stock worth $57,916,000 after acquiring an additional 4,855,722 shares during the last quarter. 13.59% of the stock is currently owned by institutional investors and hedge funds.

Mitsubishi UFJ Financial Group Company Profile

Mitsubishi UFJ Financial Group, Inc operates as the bank holding company for MUFG Bank, Ltd. that provides various financial services in Japan, the United States, Europe, Asia/Oceania, and internationally. It operates through Digital Service Business Group; Retail & Commercial Banking Business Group; Japanese Corporate & Investment Banking Business Group; Asset Management & Investor Services Business Group; Global Corporate & Investment Banking Business Group; Global Commercial Banking Business Group; and Global Markets Business Group segments.