Greenleaf Trust increased its position in shares of Mizuho Financial Group, Inc. (NYSE:MFG) by 53.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 69,888 shares of the bank’s stock after buying an additional 24,400 shares during the period. Greenleaf Trust’s holdings in Mizuho Financial Group were worth $256,000 at the end of the most recent reporting period.
Other hedge funds also recently added to or reduced their stakes in the company. Quadrant Capital Group LLC increased its position in shares of Mizuho Financial Group by 51.5% in the first quarter. Quadrant Capital Group LLC now owns 33,914 shares of the bank’s stock worth $114,000 after buying an additional 11,527 shares in the last quarter. Proficio Capital Partners LLC increased its position in shares of Mizuho Financial Group by 207.7% in the first quarter. Proficio Capital Partners LLC now owns 32,538 shares of the bank’s stock worth $116,000 after buying an additional 21,962 shares in the last quarter. Signaturefd LLC increased its position in shares of Mizuho Financial Group by 16.9% in the first quarter. Signaturefd LLC now owns 34,640 shares of the bank’s stock worth $128,000 after buying an additional 5,007 shares in the last quarter. Envestnet Asset Management Inc. increased its position in shares of Mizuho Financial Group by 3.5% in the fourth quarter. Envestnet Asset Management Inc. now owns 48,278 shares of the bank’s stock worth $173,000 after buying an additional 1,644 shares in the last quarter. Finally, Morningstar Investment Services LLC increased its position in shares of Mizuho Financial Group by 30.7% in the first quarter. Morningstar Investment Services LLC now owns 49,796 shares of the bank’s stock worth $184,000 after buying an additional 11,704 shares in the last quarter. 0.32% of the stock is owned by hedge funds and other institutional investors.
Shares of Mizuho Financial Group, Inc. (NYSE:MFG) traded up 0.28% during trading on Tuesday, hitting $3.54. The stock had a trading volume of 184,171 shares. Mizuho Financial Group, Inc. has a 12 month low of $3.17 and a 12 month high of $3.87. The company has a market cap of $44.90 billion, a P/E ratio of 8.55 and a beta of 1.17. The stock has a 50-day moving average price of $3.59 and a 200 day moving average price of $3.65.
A number of research firms have issued reports on MFG. Zacks Investment Research upgraded Mizuho Financial Group from a “strong sell” rating to a “hold” rating in a report on Tuesday, August 1st. BidaskClub downgraded Mizuho Financial Group from a “sell” rating to a “strong sell” rating in a report on Wednesday, July 12th. UBS AG upgraded Mizuho Financial Group from a “sell” rating to a “neutral” rating in a report on Thursday, June 22nd. Finally, J P Morgan Chase & Co downgraded Mizuho Financial Group from an “overweight” rating to a “neutral” rating in a report on Friday, June 2nd. One research analyst has rated the stock with a sell rating and four have issued a hold rating to the company’s stock. The company presently has an average rating of “Hold”.
Mizuho Financial Group Company Profile
Mizuho Financial Group, Inc (MHFG) is a financial holding company. The Company, through its subsidiaries, provides domestic and international financial services in Japan and other countries. The Company’s segments include MHBK, MHTB, MHSC and Others. The MHBK segment includes Personal Banking; Retail Banking; Corporate Banking (Large Corporations); Corporate Banking; Financial Institutions & Public Sector Business; International Banking, and Trading and others.
Receive News & Ratings for Mizuho Financial Group Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mizuho Financial Group Inc. and related companies with MarketBeat.com's FREE daily email newsletter.
