Checchi Capital Advisers LLC trimmed its stake in Mizuho Financial Group, Inc. (NYSE:MFG) by 23.1% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 54,387 shares of the bank’s stock after selling 16,347 shares during the period. Checchi Capital Advisers LLC’s holdings in Mizuho Financial Group were worth $193,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Barry Investment Advisors LLC lifted its stake in shares of Mizuho Financial Group by 1.5% in the 2nd quarter. Barry Investment Advisors LLC now owns 194,264 shares of the bank’s stock valued at $713,000 after purchasing an additional 2,944 shares during the last quarter. UBS Group AG raised its holdings in shares of Mizuho Financial Group by 3.3% in the first quarter. UBS Group AG now owns 116,379 shares of the bank’s stock worth $429,000 after buying an additional 3,713 shares during the period. Ballentine Partners LLC raised its holdings in shares of Mizuho Financial Group by 16.1% in the second quarter. Ballentine Partners LLC now owns 29,478 shares of the bank’s stock worth $107,000 after buying an additional 4,079 shares during the period. Stifel Financial Corp raised its holdings in shares of Mizuho Financial Group by 7.6% in the second quarter. Stifel Financial Corp now owns 73,836 shares of the bank’s stock worth $272,000 after buying an additional 5,207 shares during the period. Finally, Eagle Asset Management Inc. raised its holdings in shares of Mizuho Financial Group by 16.7% in the second quarter. Eagle Asset Management Inc. now owns 54,446 shares of the bank’s stock worth $199,000 after buying an additional 7,776 shares during the period. 0.34% of the stock is owned by institutional investors and hedge funds.

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MFG has been the topic of several recent analyst reports. Zacks Investment Research upgraded Mizuho Financial Group from a “hold” rating to a “buy” rating and set a $4.00 price target on the stock in a report on Wednesday, October 4th. BidaskClub downgraded Mizuho Financial Group from a “sell” rating to a “strong sell” rating in a report on Wednesday, July 12th. Two equities research analysts have rated the stock with a sell rating and three have assigned a hold rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $4.00.

Shares of Mizuho Financial Group, Inc. (MFG) traded down $0.04 during midday trading on Tuesday, hitting $3.63. The stock had a trading volume of 108,264 shares, compared to its average volume of 175,511. The stock has a market capitalization of $46,547.05, a PE ratio of 9.41 and a beta of 1.20. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.90 and a quick ratio of 0.90.

Mizuho Financial Group 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.

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

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