Mitsubishi UFJ Financial Group Inc. [NYSE: MUFG] closed the trading session at $5.78 on 06/01/21. The day’s price range saw the stock hit a low of $5.745, while the highest price level was $5.82. The company report on April 29, 2021 that Shawn McElmoyl Joins The Private Bank at Union Bank as Private Wealth Management Executive for Northern Region.
Union Bank announced that Shawn McElmoyl has joined as Managing Director and Private Wealth Management Executive for Northern California and the Pacific Northwest, reporting to the Head of Wealth Management.
McElmoyl will be responsible for growing and managing a high-caliber team of Private Wealth Advisors serving the needs of high net worth individuals, non-profit organizations, business owners, corporate executives, and professional service firms throughout Northern California, Oregon and Washington. Under his leadership, McElmoyl’s team will help drive wealth planning and financial strategies leveraging investments1, risk management1, trust and estate services, and banking services.
The stocks have a year to date performance of 30.47 percent and weekly performance of -1.53 percent. The stock has been moved at 28.73 percent over the last six months. The stock has performed 7.64 percent around the most recent 30 days and changed 8.65 percent over the most recent 3-months.
If compared to the average trading volume of 1.79M shares, MUFG reached to a volume of 3528776 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Mitsubishi UFJ Financial Group Inc. [MUFG]:
Jefferies have made an estimate for Mitsubishi UFJ Financial Group Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on January 13, 2021. The new note on the price target was released on July 08, 2020, representing the official price target for Mitsubishi UFJ Financial Group Inc. stock.
The Average True Range (ATR) for Mitsubishi UFJ Financial Group Inc. is set at 0.10, with the Price to Sales ratio for MUFG stock in the period of the last 12 months amounting to 3.15. The Price to Book ratio for the last quarter was 0.48, with the Price to Cash per share for the same quarter was set at 102.30.
MUFG stock trade performance evaluation
Mitsubishi UFJ Financial Group Inc. [MUFG] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.53. With this latest performance, MUFG shares gained by 7.64% in over the last four-week period, additionally plugging by 28.73% over the last 6 months – not to mention a rise of 40.29% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for MUFG stock in for the last two-week period is set at 58.25, with the RSI for the last a single of trading hit 57.42, and the three-weeks RSI is set at 57.77 for Mitsubishi UFJ Financial Group Inc. [MUFG]. The present Moving Average for the last 50 days of trading for this stock 5.56, while it was recorded at 5.80 for the last single week of trading, and 4.78 for the last 200 days.
Mitsubishi UFJ Financial Group Inc. [MUFG]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Mitsubishi UFJ Financial Group Inc. [MUFG] shares currently have an operating margin of +16.53. Mitsubishi UFJ Financial Group Inc.’s Net Margin is presently recorded at +14.40.
Return on Total Capital for MUFG is now 0.90, given the latest momentum, and Return on Invested Capital for the company is 1.48. Return on Equity for this stock inclined to 4.74, with Return on Assets sitting at 0.22. When it comes to the capital structure of this company, Mitsubishi UFJ Financial Group Inc. [MUFG] has a Total Debt to Total Equity ratio set at 510.23. Additionally, MUFG Total Debt to Total Capital is recorded at 83.61, with Total Debt to Total Assets ending up at 23.85. Long-Term Debt to Equity for the company is recorded at 328.69, with the Long-Term Debt to Total Capital now at 53.86.
Earnings per share (EPS) analysis for Mitsubishi UFJ Financial Group Inc. [MUFG] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for MUFG. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Mitsubishi UFJ Financial Group Inc. go to 18.90%.
Mitsubishi UFJ Financial Group Inc. [MUFG]: Insider Ownership positions
There are presently around $1,056 million, or 1.60% of MUFG stock, in the hands of institutional investors. The top three institutional holders of MUFG stocks are: ARISTOTLE CAPITAL MANAGEMENT, LLC with ownership of 78,481,018, which is approximately 11.949% of the company’s market cap and around 5.00% of the total institutional ownership; NORTHERN TRUST CORP, holding 11,790,862 shares of the stock with an approximate value of $68.27 million in MUFG stocks shares; and PARAMETRIC PORTFOLIO ASSOCIATES LLC, currently with $58.7 million in MUFG stock with ownership of nearly -13.659% of the company’s market capitalization.
Positions in Mitsubishi UFJ Financial Group Inc. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 135 institutional holders increased their position in Mitsubishi UFJ Financial Group Inc. [NYSE:MUFG] by around 25,053,984 shares. Additionally, 65 investors decreased positions by around 4,358,744 shares, while 36 investors held positions by with 152,979,119 shares. The mentioned changes placed institutional holdings at 182,391,847 shares, according to the latest SEC report filing. MUFG stock had 40 new institutional investments in for a total of 1,549,197 shares, while 20 institutional investors sold positions of 294,414 shares during the same period.