Wall Street Analyst Upgrade Mitsubishi UFJ Financial Group Inc. [MUFG]. What else is Wall St. saying

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Mitsubishi UFJ Financial Group Inc. [NYSE: MUFG] stock went on a downward path that fall over -3.13% on Thursday, amounting to a one-week price decrease of less than -4.54%. The company report on August 1, 2022 that Veteran Risk Management and Global Markets Executive Joins MUFG.


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Denis McHugh Named Chief Risk Officer for MUFG Securities Americas Inc. and Market Risk Management Officer for MUFG Americas Holdings Corporation.

MUFG, one of the world’s leading financial groups, today announced that Denis McHugh will join the company as Chief Risk Officer for MUFG Securities Americas Inc. and Market Risk Management Officer for MUFG Americas Holdings Corporation, effective August 30, 2022.

Over the last 12 months, MUFG stock dropped by -1.31%. The one-year Mitsubishi UFJ Financial Group Inc. stock forecast points to a potential upside of 20.66.

The market cap for the stock reached $67.18 billion, with 12.66 billion shares outstanding and 12.36 billion shares in the current float. Compared to the average trading volume of 3.40M shares, MUFG stock reached a trading volume of 5623020 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on Mitsubishi UFJ Financial Group Inc. [MUFG]:

BofA Securities 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 27, 2022. The new note on the price target was released on January 13, 2021, 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 0.12, with the Price to Sales ratio for MUFG stock in the period of the last 12 months amounting to 3.49. The Price to Book ratio for the last quarter was 0.52, with the Price to Cash per share for the same quarter was set at 90.38.

MUFG Stock Performance Analysis:

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 -4.54. With this latest performance, MUFG shares gained by 0.19% in over the last four-week period, additionally sinking by -18.32% over the last 6 months – not to mention a drop of -1.31% 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 41.53, with the RSI for the last a single of trading hit 37.67, and the three-weeks RSI is set at 42.88 for Mitsubishi UFJ Financial Group Inc. [MUFG]. The present Moving Average for the last 50 days of trading for this stock 5.49, while it was recorded at 5.51 for the last single week of trading, and 5.81 for the last 200 days.

Insight into Mitsubishi UFJ Financial Group Inc. 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 +24.54. Mitsubishi UFJ Financial Group Inc.’s Net Margin is presently recorded at +20.63.

Return on Total Capital for MUFG is now 1.42, given the latest momentum, and Return on Invested Capital for the company is 2.38. Return on Equity for this stock inclined to 6.69, with Return on Assets sitting at 0.31. 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 468.09. Additionally, MUFG Total Debt to Total Capital is recorded at 82.40, with Total Debt to Total Assets ending up at 21.32. Long-Term Debt to Equity for the company is recorded at 178.13, with the Long-Term Debt to Total Capital now at 31.36.

Reflecting on the efficiency of the workforce at the company, Mitsubishi UFJ Financial Group Inc. [MUFG] managed to generate an average of $8,373,561 per employee.

MUFG Stock EPS

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 Position Details

There are presently around $1,108 million, or 1.90% 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 82,671,326, which is approximately -2.447% of the company’s market cap and around 5.00% of the total institutional ownership; BANK OF AMERICA CORP /DE/, holding 17,389,091 shares of the stock with an approximate value of $91.47 million in MUFG stocks shares; and GOLDMAN SACHS GROUP INC, currently with $52.77 million in MUFG stock with ownership of nearly 24.029% of the company’s market capitalization.

Positions in Mitsubishi UFJ Financial Group Inc. stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 143 institutional holders increased their position in Mitsubishi UFJ Financial Group Inc. [NYSE:MUFG] by around 17,597,948 shares. Additionally, 98 investors decreased positions by around 8,428,251 shares, while 40 investors held positions by with 184,702,249 shares. The mentioned changes placed institutional holdings at 210,728,448 shares, according to the latest SEC report filing. MUFG stock had 46 new institutional investments in for a total of 2,008,641 shares, while 27 institutional investors sold positions of 1,298,591 shares during the same period.

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