First Republic Investment Management Inc. Grows Stake in Mizuho Financial Group Inc. (MFG)

First Republic Investment Management Inc. increased its stake in shares of Mizuho Financial Group Inc. (NYSE:MFG) by 145.8% in the 1st quarter, Holdings Channel reports. The firm owned 42,841 shares of the bank’s stock after buying an additional 25,415 shares during the period. First Republic Investment Management Inc.’s holdings in Mizuho Financial Group were worth $131,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Accident Compensation Corp raised its holdings in shares of Mizuho Financial Group by 36.1% during the fourth quarter. Accident Compensation Corp now owns 842,342 shares of the bank’s stock valued at $2,527,000 after purchasing an additional 223,583 shares during the last quarter. Comerica Bank raised its holdings in shares of Mizuho Financial Group by 1.4% during the fourth quarter. Comerica Bank now owns 742,890 shares of the bank’s stock valued at $2,407,000 after purchasing an additional 10,273 shares during the last quarter. OLD Mission Capital LLC purchased a new position in shares of Mizuho Financial Group during the fourth quarter valued at approximately $1,494,000. D. E. Shaw & Co. Inc. raised its holdings in shares of Mizuho Financial Group by 96.0% during the fourth quarter. D. E. Shaw & Co. Inc. now owns 448,177 shares of the bank’s stock valued at $1,345,000 after purchasing an additional 219,509 shares during the last quarter. Finally, Jane Street Group LLC purchased a new position in shares of Mizuho Financial Group during the fourth quarter valued at approximately $1,036,000. 0.42% of the stock is owned by hedge funds and other institutional investors.

Separately, Zacks Investment Research raised shares of Mizuho Financial Group from a “sell” rating to a “hold” rating in a report on Tuesday, May 7th.

Shares of MFG stock opened at $2.87 on Wednesday. Mizuho Financial Group Inc. has a 12 month low of $2.86 and a 12 month high of $3.67. The company has a market cap of $37.28 billion, a price-to-earnings ratio of 7.18 and a beta of 1.13.

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About Mizuho Financial Group

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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