In last trading session, Mitsubishi UFJ Financial Group, Inc. ADR (NYSE:MUFG) saw 2.61 million shares changing hands with its beta currently measuring 0.66. Company’s recent per share price level of $10.58 trading at $0.08 or 0.76% at ring of the bell on the day assigns it a market valuation of $125.69B. That closing price of MUFG’s stock is at a discount of -6.05% from its 52-week high price of $11.22 and is indicating a premium of 43.38% from its 52-week low price of $5.99. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 3.08 million shares which gives us an average trading volume of 3.21 million if we extend that period to 3-months.
Mitsubishi UFJ Financial Group, Inc. ADR (NYSE:MUFG) trade information
Upright in the green during last session for gaining 0.76%, in the last five days MUFG remained trading in the green while hitting it’s week-highest on Friday, 03/22/24 when the stock touched $10.58 price level, adding 0.56% to its value on the day. Mitsubishi UFJ Financial Group, Inc. ADR’s shares saw a change of 22.88% in year-to-date performance and have moved 4.13% in past 5-day. Mitsubishi UFJ Financial Group, Inc. ADR (NYSE:MUFG) showed a performance of 6.44% in past 30-days. Number of shares sold short was 9.88 million shares which calculate 2.96 days to cover the short interests.
Mitsubishi UFJ Financial Group, Inc. ADR (MUFG) estimates and forecasts
Statistics highlight that Mitsubishi UFJ Financial Group, Inc. ADR is scoring comparatively higher than the scores of other players of the relevant industry. The company added 19.95% of value to its shares in past 6 months, showing an annual growth rate of 132.35% while that of industry is 0.90. Apart from that, the company came raising its revenue forecast for fiscal year 2024. The company is estimating its revenue growth to decrease by -87.50% in the current quarter and calculating -44.10% decrease in the next quarter. This year revenue growth is estimated to fall -54.40% from the last financial year’s standing.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -0.09% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 21.54% while estimates for its earnings growth in next 5 years are of 13.20%.
MUFG Dividends
Mitsubishi UFJ Financial Group, Inc. ADR is more likely to be releasing its next quarterly report in April and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
Mitsubishi UFJ Financial Group, Inc. ADR (NYSE:MUFG)’s Major holders
Insiders are in possession of 0.00% of company’s total shares while institution are holding 2.00 percent of that, with stock having share float percentage of 2.00%. Investors also watch the number of corporate investors in a company very closely, which is 2.00% institutions for Mitsubishi UFJ Financial Group, Inc. ADR that are currently holding shares of the company. Aristotle Capital Management, LLC is the top institutional holder at MUFG for having 73.9 million shares of worth $544.63 million. And as of Jun 29, 2023, it was holding 0.58% of the company’s outstanding shares.
The second largest institutional holder is Bank of America Corporation, which was holding about 18.66 million shares on Jun 29, 2023. The number of shares represents firm’s hold over 0.15% of outstanding shares, having a total worth of $137.52 million.
On the other hand, Vanguard/Windsor II and Harbor Large Cap Value Fund are the top two Mutual Funds which own company’s shares. As of Jul 30, 2023, the former fund manager was holding 19.94 million shares of worth $160.89 million or 0.16% of the total outstanding shares. The later fund manager was in possession of 3.7 million shares on Jul 30, 2023, making its stake of worth around $29.86 million in the company or a holder of 0.03% of company’s stock.
