FY2028 EPS Estimates for MUFG Cut by Erste Group Bank

Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) – Stock analysts at Erste Group Bank lowered their FY2028 earnings per share (EPS) estimates for Mitsubishi UFJ Financial Group in a research note issued to investors on Monday, July 27th. Erste Group Bank analyst H. Engel now anticipates that the company will post earnings per share of $1.63 for the year, down from their previous estimate of $1.64. Erste Group Bank currently 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.

MUFG has been the topic of a number of other research reports. Weiss Ratings lowered Mitsubishi UFJ Financial Group from a “buy (b)” rating to a “hold (c)” rating in a research report on Tuesday, July 14th. Mitsubishi UFJ Financial Group assumed coverage on shares of Mitsubishi UFJ Financial Group in a research note on Thursday, June 25th. They set a “buy” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

Mitsubishi UFJ Financial Group Trading Down 2.0%

NYSE:MUFG opened at $21.97 on Thursday. Mitsubishi UFJ Financial Group has a 12-month low of $13.62 and a 12-month high of $23.25. The firm has a market cap of $260.75 billion, a PE ratio of 15.58, a price-to-earnings-growth ratio of 1.08 and a beta of 0.39. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 1.75. The stock has a fifty day moving average price of $20.67 and a 200 day moving average price of $18.95.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. Fulcrum Wealth Advisors LLC acquired a new stake in Mitsubishi UFJ Financial Group during the fourth quarter worth approximately $3,048,000. Moran Wealth Management LLC boosted its holdings in shares of Mitsubishi UFJ Financial Group by 37.6% in the 4th quarter. Moran Wealth Management LLC now owns 486,468 shares of the company’s stock valued at $7,715,000 after buying an additional 132,841 shares in the last quarter. UBS Group AG boosted its holdings in shares of Mitsubishi UFJ Financial Group by 48.9% in the 4th quarter. UBS Group AG now owns 2,350,819 shares of the company’s stock valued at $37,284,000 after buying an additional 772,272 shares in the last quarter. Tudor Investment Corp ET AL grew its position in shares of Mitsubishi UFJ Financial Group by 834.1% in the 3rd quarter. Tudor Investment Corp ET AL now owns 534,118 shares of the company’s stock valued at $8,514,000 after buying an additional 476,941 shares during the last quarter. Finally, JCIC Asset Management Inc. acquired a new stake in Mitsubishi UFJ Financial Group during the 4th quarter worth $2,833,000. 13.59% of the stock is owned by institutional investors and hedge funds.

Mitsubishi UFJ Financial Group Company Profile

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.