Mizuho Financial Group (NYSE:MFG) Shares Gap Up to $2.26

Mizuho Financial Group, Inc. (NYSE:MFGGet Rating)’s share price gapped up before the market opened on Wednesday . The stock had previously closed at $2.26, but opened at $2.31. Mizuho Financial Group shares last traded at $2.26, with a volume of 830 shares traded.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the company. StockNews.com assumed coverage on Mizuho Financial Group in a research note on Wednesday, October 12th. They issued a “hold” rating on the stock. Daiwa Capital Markets raised Mizuho Financial Group from a “neutral” rating to an “outperform” rating in a research note on Wednesday, August 24th.

Mizuho Financial Group Trading Up 1.8 %

The company has a current ratio of 0.93, a quick ratio of 0.84 and a debt-to-equity ratio of 1.29. The business has a 50 day moving average of $2.24 and a 200-day moving average of $2.29. The stock has a market cap of $29.19 billion, a PE ratio of 7.67, a price-to-earnings-growth ratio of 1.13 and a beta of 0.52.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in MFG. Jane Street Group LLC purchased a new position in shares of Mizuho Financial Group during the 2nd quarter worth $9,695,000. Crossmark Global Holdings Inc. lifted its stake in shares of Mizuho Financial Group by 389.2% during the 1st quarter. Crossmark Global Holdings Inc. now owns 3,577,822 shares of the bank’s stock worth $9,195,000 after purchasing an additional 2,846,418 shares during the period. BlackRock Inc. lifted its stake in shares of Mizuho Financial Group by 30.0% during the 3rd quarter. BlackRock Inc. now owns 7,100,083 shares of the bank’s stock worth $15,691,000 after purchasing an additional 1,637,617 shares during the period. FNY Investment Advisers LLC purchased a new position in shares of Mizuho Financial Group during the 2nd quarter worth $2,692,000. Finally, OLD Mission Capital LLC purchased a new position in shares of Mizuho Financial Group during the 2nd quarter worth $1,132,000. Hedge funds and other institutional investors own 0.60% of the company’s stock.

About Mizuho Financial Group

(Get Rating)

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, Asia/Oceania, and internationally. 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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