CIBC World Markets Inc. raised its stake in Mizuho Financial Group inc. (NYSE:MFG) by 0.2% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 687,237 shares of the company’s stock after buying an additional 1,518 shares during the period. CIBC World Markets Inc.’s holdings in Mizuho Financial Group inc. were worth $2,309,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Johnson Investment Counsel Inc. boosted its stake in shares of Mizuho Financial Group inc. by 6.1% in the second quarter. Johnson Investment Counsel Inc. now owns 58,040 shares of the company’s stock valued at $165,000 after buying an additional 3,361 shares during the period. Raymond James & Associates boosted its stake in shares of Mizuho Financial Group inc. by 68.0% in the second quarter. Raymond James & Associates now owns 150,945 shares of the company’s stock valued at $430,000 after buying an additional 61,101 shares during the period. O Shaughnessy Asset Management LLC boosted its stake in shares of Mizuho Financial Group inc. by 5.4% in the second quarter. O Shaughnessy Asset Management LLC now owns 368,998 shares of the company’s stock valued at $1,052,000 after buying an additional 18,952 shares during the period. Wetherby Asset Management Inc. boosted its stake in shares of Mizuho Financial Group inc. by 4.7% in the second quarter. Wetherby Asset Management Inc. now owns 96,318 shares of the company’s stock valued at $274,000 after buying an additional 4,336 shares during the period. Finally, US Bancorp DE boosted its stake in shares of Mizuho Financial Group inc. by 13.4% in the second quarter. US Bancorp DE now owns 2,004,140 shares of the company’s stock valued at $5,712,000 after buying an additional 237,015 shares during the period. 0.27% of the stock is owned by institutional investors and hedge funds.

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

Shares of Mizuho Financial Group inc. (NYSE:MFG) traded up 1.13% during mid-day trading on Tuesday, hitting $3.58. The company had a trading volume of 3,214,905 shares. Mizuho Financial Group inc. has a one year low of $2.69 and a one year high of $4.15. The company has a market capitalization of $45.40 billion, a P/E ratio of 7.82 and a beta of 1.33. The firm’s 50-day moving average price is $3.36 and its 200 day moving average price is $3.23.

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Separately, Zacks Investment Research cut Mizuho Financial Group inc. from a “buy” rating to a “hold” rating in a research report on Tuesday, August 23rd. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company. Mizuho Financial Group inc. currently has a consensus rating of “Hold” and an average target price of $3.50.

About Mizuho Financial Group inc.

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.

5 Day Chart for NYSE:MFG

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