Midwest Trust Co Invests $433,000 in Mitsubishi UFJ Financial Group, Inc. $MUFG

Midwest Trust Co purchased a new stake in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 31,584 shares of the company’s stock, valued at approximately $433,000.

Other institutional investors have also recently bought and sold shares of the company. Opal Wealth Advisors LLC bought a new stake in shares of Mitsubishi UFJ Financial Group during the second quarter worth $31,000. Caitong International Asset Management Co. Ltd acquired a new position in Mitsubishi UFJ Financial Group during the 1st quarter worth about $32,000. Ameritas Advisory Services LLC acquired a new position in Mitsubishi UFJ Financial Group during the 2nd quarter worth about $36,000. Nisa Investment Advisors LLC bought a new stake in Mitsubishi UFJ Financial Group during the 1st quarter worth about $41,000. Finally, NewSquare Capital LLC grew its holdings in Mitsubishi UFJ Financial Group by 162.6% during the 2nd quarter. NewSquare Capital LLC now owns 3,723 shares of the company’s stock worth $51,000 after acquiring an additional 2,305 shares during the last quarter. Institutional investors own 13.59% of the company’s stock.

Analysts Set New Price Targets

MUFG has been the subject of a number of research analyst reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Mitsubishi UFJ Financial Group in a research note on Wednesday, October 8th. Wall Street Zen raised shares of Mitsubishi UFJ Financial Group from a “sell” rating to a “hold” rating in a report on Saturday, August 9th. Finally, Zacks Research upgraded shares of Mitsubishi UFJ Financial Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, August 26th. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Buy”.

Mitsubishi UFJ Financial Group Stock Performance

Mitsubishi UFJ Financial Group stock opened at $15.53 on Thursday. The company has a market cap of $187.35 billion, a PE ratio of 14.38, a PEG ratio of 1.09 and a beta of 0.37. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 1.86. Mitsubishi UFJ Financial Group, Inc. has a 1 year low of $10.46 and a 1 year high of $16.24. The company’s 50-day moving average is $15.38 and its two-hundred day moving average is $14.42.

About Mitsubishi UFJ Financial Group

Mitsubishi UFJ Financial Group, Inc operates as the bank holding company, that engages in a range of financial businesses in Japan, the United States, Europe, Asia/Oceania, and internationally. It operates through seven segments: Digital Service, Retail & Commercial Banking, Japanese Corporate & Investment Banking, Global Commercial Banking, Asset Management & Investor Services, Global Corporate & Investment Banking, and Global Markets.