Greenleaf Trust Boosts Position in Mizuho Financial Group, Inc. (NYSE:MFG)

Greenleaf Trust increased its stake in Mizuho Financial Group, Inc. (NYSE:MFG) by 53.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor 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 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the company. Goldman Sachs Group Inc. boosted its position in Mizuho Financial Group by 13.3% in the first quarter. Goldman Sachs Group Inc. now owns 2,677,878 shares of the bank’s stock valued at $9,881,000 after buying an additional 314,712 shares during the last quarter. Stifel Financial Corp purchased a new position in Mizuho Financial Group during the first quarter valued at $254,000. UBS Group AG boosted its position in Mizuho Financial Group by 3.3% in the first quarter. UBS Group AG now owns 116,379 shares of the bank’s stock valued at $429,000 after buying an additional 3,713 shares during the last quarter. Capstone Asset Management Co. boosted its position in Mizuho Financial Group by 137.3% in the first quarter. Capstone Asset Management Co. now owns 2,351,968 shares of the bank’s stock valued at $8,679,000 after buying an additional 1,361,033 shares during the last quarter. Finally, Karp Capital Management Corp purchased a new position in Mizuho Financial Group during the first quarter valued at $11,860,000. Hedge funds and other institutional investors own 0.30% of the company’s stock.

Shares of Mizuho Financial Group, Inc. (NYSE:MFG) opened at 3.47 on Thursday. The stock has a market capitalization of $44.01 billion, a price-to-earnings ratio of 8.26 and a beta of 1.17. The stock’s 50 day moving average is $3.57 and its 200-day moving average is $3.64. Mizuho Financial Group, Inc. has a 12-month low of $3.17 and a 12-month high of $3.87.

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MFG has been the topic of a number of research analyst reports. Zacks Investment Research raised Mizuho Financial Group from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 1st. UBS AG raised Mizuho Financial Group from a “sell” rating to a “neutral” rating in a research note on Thursday, June 22nd. J P Morgan Chase & Co cut Mizuho Financial Group from an “overweight” rating to a “neutral” rating in a research note on Friday, June 2nd. Finally, BidaskClub raised Mizuho Financial Group from a “strong sell” rating to a “sell” rating in a research note on Wednesday, July 5th. One investment analyst has rated the stock with a sell rating and four have assigned a hold rating to the company. The stock presently has a consensus 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.