Bank of America Corp DE grew its holdings in shares of Mizuho Financial Group Inc. (NYSE:MFG) by 5.4% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 339,403 shares of the bank’s stock after acquiring an additional 17,303 shares during the quarter. Bank of America Corp DE’s holdings in Mizuho Financial Group were worth $1,151,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Dean Capital Investments Management LLC bought a new stake in Mizuho Financial Group in the 2nd quarter worth approximately $341,000. Morningstar Investment Services LLC lifted its position in Mizuho Financial Group by 21.8% in the 2nd quarter. Morningstar Investment Services LLC now owns 104,866 shares of the bank’s stock worth $355,000 after buying an additional 18,804 shares during the last quarter. Advisor Partners LLC lifted its position in Mizuho Financial Group by 18.6% in the 2nd quarter. Advisor Partners LLC now owns 128,783 shares of the bank’s stock worth $437,000 after buying an additional 20,189 shares during the last quarter. Bank of New York Mellon Corp lifted its position in Mizuho Financial Group by 27.9% in the 2nd quarter. Bank of New York Mellon Corp now owns 130,735 shares of the bank’s stock worth $443,000 after buying an additional 28,538 shares during the last quarter. Finally, Wetherby Asset Management Inc. lifted its position in Mizuho Financial Group by 12.0% in the 2nd quarter. Wetherby Asset Management Inc. now owns 152,143 shares of the bank’s stock worth $516,000 after buying an additional 16,345 shares during the last quarter. Hedge funds and other institutional investors own 0.44% of the company’s stock.

Separately, Citigroup began coverage on Mizuho Financial Group in a research note on Tuesday, November 13th. They issued a “neutral” rating on the stock.

Mizuho Financial Group stock traded down $0.01 during trading hours on Friday, reaching $3.15. The company had a trading volume of 983,118 shares, compared to its average volume of 674,284. The company has a debt-to-equity ratio of 0.90, a current ratio of 0.91 and a quick ratio of 0.92. The stock has a market capitalization of $40.08 billion, a P/E ratio of 7.88 and a beta of 1.18. Mizuho Financial Group Inc. has a 12-month low of $3.11 and a 12-month high of $4.00.

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Mizuho Financial Group Profile

Mizuho Financial Group, Inc, together with its subsidiaries, engages in banking, trust, securities, and other businesses related to financial services in Japan, the Americas, Europe, and Asia/Oceania. It operates through five segments: Retail & Business Banking Company, Corporate & Institutional Company, Global Corporate Company, Global Markets Company, and Asset Management Company.

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Institutional Ownership by Quarter for Mizuho Financial Group (NYSE:MFG)

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