Boston Advisors LLC held its position in Mizuho Financial Group inc. (NYSE:MFG) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 104,998 shares of the company’s stock at the end of the second quarter. Boston Advisors LLC’s holdings in Mizuho Financial Group inc. were worth $299,000 as of its most recent filing with the SEC.
A number of other institutional investors also recently added to or reduced their stakes in the company. OLD Mission Capital LLC bought a new position in Mizuho Financial Group inc. during the first quarter worth $915,000. Bank of Montreal Can bought a new position in Mizuho Financial Group inc. during the second quarter worth $349,000. Finally, Checchi Capital Advisers LLC raised its position in Mizuho Financial Group inc. by 1.5% in the second quarter. Checchi Capital Advisers LLC now owns 84,430 shares of the company’s stock worth $241,000 after buying an additional 1,244 shares during the period. 0.27% of the stock is currently owned by institutional investors.
Mizuho Financial Group inc. (NYSE:MFG) traded down 0.60% during midday trading on Friday, hitting $3.33. The company had a trading volume of 286,180 shares. The stock has a 50 day moving average of $3.41 and a 200 day moving average of $3.13. The firm has a market cap of $41.80 billion, a price-to-earnings ratio of 6.58 and a beta of 1.11. Mizuho Financial Group inc. has a 52-week low of $2.69 and a 52-week high of $4.27.
A number of equities analysts have weighed in on MFG shares. Zacks Investment Research lowered Mizuho Financial Group inc. from a “buy” rating to a “hold” rating in a research note on Tuesday, August 23rd. JPMorgan Chase & Co. started coverage on Mizuho Financial Group inc. in a research note on Wednesday, July 6th. They set an “overweight” rating on the stock. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the company’s stock. Mizuho Financial Group inc. has a consensus rating of “Hold” and a consensus price target of $3.50.
Mizuho Financial Group inc. Company Profile
Mizuho Financial Group, Inc is a provider of domestic and international financial services in Japan and other countries. The Company is engaged in banking, trust banking, securities and other businesses related to financial services through its subsidiaries and affiliates. The Company has four segments: Mizuho Bank, Ltd., which offers a range of financial products and services in relation to deposits, lending and exchange settlement to individuals, small and medium enterprises, large corporations, financial institutions, public sector entities and foreign corporations, including foreign subsidiaries of Japanese corporations; Mizuho Trust & Banking Co, Ltd., which offers trust-related products and consulting services; Mizuho Securities Co, Ltd., which offers securities services to corporations, financial institutions, public sector entities and individuals, and Others, which include Trust & Custody Services Bank, Ltd., Mizuho Capital Co, Ltd.
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