Charles Schwab Investment Management Inc. Buys 83,655 Shares of Mizuho Financial Group, Inc. (NYSE:MFG)

Charles Schwab Investment Management Inc. increased its position in shares of Mizuho Financial Group, Inc. (NYSE:MFG) by 11.8% during the third quarter, Holdings Channel reports. The institutional investor owned 793,629 shares of the bank’s stock after purchasing an additional 83,655 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in Mizuho Financial Group were worth $3,317,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Altman Advisors Inc. grew its holdings in shares of Mizuho Financial Group by 1.0% during the 3rd quarter. Altman Advisors Inc. now owns 444,043 shares of the bank’s stock worth $1,856,000 after purchasing an additional 4,605 shares in the last quarter. West Family Investments Inc. lifted its position in Mizuho Financial Group by 13.3% in the third quarter. West Family Investments Inc. now owns 90,968 shares of the bank’s stock worth $380,000 after purchasing an additional 10,648 shares during the period. Caprock Group LLC boosted its stake in Mizuho Financial Group by 4.5% during the third quarter. Caprock Group LLC now owns 86,767 shares of the bank’s stock worth $363,000 after buying an additional 3,723 shares in the last quarter. Natixis Advisors LLC increased its holdings in Mizuho Financial Group by 351.2% in the 3rd quarter. Natixis Advisors LLC now owns 3,355,910 shares of the bank’s stock valued at $14,028,000 after buying an additional 2,612,204 shares during the period. Finally, OneDigital Investment Advisors LLC acquired a new position in shares of Mizuho Financial Group in the 3rd quarter valued at $251,000. 3.26% of the stock is currently owned by institutional investors.

Mizuho Financial Group Stock Performance

NYSE MFG opened at $5.02 on Friday. Mizuho Financial Group, Inc. has a twelve month low of $3.27 and a twelve month high of $5.31. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 1.15. The company’s 50-day simple moving average is $4.60 and its 200 day simple moving average is $4.30. The stock has a market cap of $63.62 billion, a P/E ratio of 13.57, a PEG ratio of 0.90 and a beta of 0.44.

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, 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.