26,081 Shares in Mizuho Financial Group, Inc. $MFG Purchased by Vestmark Advisory Solutions Inc.

Vestmark Advisory Solutions Inc. acquired a new position in shares of Mizuho Financial Group, Inc. (NYSE:MFG) during the second quarter, Holdings Channel reports. The fund acquired 26,081 shares of the bank’s stock, valued at approximately $145,000.

Other institutional investors have also added to or reduced their stakes in the company. Brighton Jones LLC boosted its stake in Mizuho Financial Group by 19.3% in the fourth quarter. Brighton Jones LLC now owns 12,343 shares of the bank’s stock valued at $60,000 after acquiring an additional 1,998 shares during the last quarter. Ethic Inc. raised its holdings in shares of Mizuho Financial Group by 0.7% in the 2nd quarter. Ethic Inc. now owns 327,253 shares of the bank’s stock valued at $1,820,000 after acquiring an additional 2,273 shares in the last quarter. BayBridge Capital Group LLC boosted its position in shares of Mizuho Financial Group by 5.9% during the 2nd quarter. BayBridge Capital Group LLC now owns 48,068 shares of the bank’s stock valued at $267,000 after acquiring an additional 2,695 shares during the last quarter. Choreo LLC grew its holdings in shares of Mizuho Financial Group by 2.8% during the first quarter. Choreo LLC now owns 101,081 shares of the bank’s stock worth $557,000 after purchasing an additional 2,720 shares in the last quarter. Finally, Legacy Financial Advisors Inc. increased its position in shares of Mizuho Financial Group by 19.9% in the first quarter. Legacy Financial Advisors Inc. now owns 16,421 shares of the bank’s stock worth $90,000 after purchasing an additional 2,730 shares during the last quarter. 3.26% of the stock is owned by institutional investors.

Mizuho Financial Group Trading Up 0.8%

Mizuho Financial Group stock opened at $6.85 on Thursday. The stock has a market cap of $85.63 billion, a P/E ratio of 14.26, a PEG ratio of 0.80 and a beta of 0.34. The firm’s 50 day moving average price is $6.57 and its 200-day moving average price is $6.01. Mizuho Financial Group, Inc. has a 1 year low of $4.04 and a 1 year high of $6.87. The company has a debt-to-equity ratio of 1.21, a current ratio of 0.96 and a quick ratio of 0.96.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on MFG shares. Zacks Research cut shares of Mizuho Financial Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 25th. Wall Street Zen upgraded Mizuho Financial Group from a “sell” rating to a “hold” rating in a report on Sunday, August 3rd. Finally, Weiss Ratings reaffirmed a “buy (b+)” rating on shares of Mizuho Financial Group in a research report on Wednesday, October 8th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

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, Asia/Oceania, and internationally. It operates through Retail & Business Banking Company, Corporate & Institutional Company, Global Corporate Company, Global Markets Company, Asset Management Company, and Others segments.