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Intrust Bank increased its MUFG holdings despite StockNews.com downgrading the stock to "sell."
Intrust Bank NA increased its holdings in Mitsubishi UFJ Financial Group (MUFG) by 5.4% in Q4, buying an additional 4,922 shares.
Despite this, StockNews.com downgraded MUFG from "hold" to "sell."
MUFG's stock opened at $14.00, with a market cap of $168.89 billion.
The company beat Q4 earnings estimates, reporting EPS of $0.28 versus expected $0.19.
MUFG operates in multiple financial sectors across several global regions.
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Intrust Bank aumentó sus participaciones en MUFG a pesar de que StockNews.com degradaba las acciones a "vender".