Separately, Zacks Investment Research cut shares of Mizuho Financial Group from a “buy” rating to a “hold” rating in a report on Thursday, August 15th.
Shares of Mizuho Financial Group stock opened at $3.12 on Tuesday. The company has a debt-to-equity ratio of 0.97, a current ratio of 0.94 and a quick ratio of 0.95. The firm has a fifty day moving average price of $3.12 and a 200 day moving average price of $2.98. Mizuho Financial Group has a 1 year low of $2.66 and a 1 year high of $3.31. The stock has a market cap of $39.56 billion, a PE ratio of 7.43 and a beta of 1.14.
Hedge funds have recently added to or reduced their stakes in the stock. PDS Planning Inc acquired a new stake in Mizuho Financial Group during the third quarter valued at $34,000. Park Avenue Securities LLC acquired a new stake in Mizuho Financial Group during the third quarter valued at $35,000. Marshall Wace LLP acquired a new stake in Mizuho Financial Group during the second quarter valued at $37,000. Balentine LLC grew its position in Mizuho Financial Group by 43.9% during the third quarter. Balentine LLC now owns 12,022 shares of the bank’s stock valued at $37,000 after buying an additional 3,666 shares during the period. Finally, Stifel Financial Corp acquired a new stake in Mizuho Financial Group during the third quarter valued at $39,000. Institutional investors own 0.47% of the company’s stock.
Mizuho Financial Group Company 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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