97,469 Mizuho Financial Group, Inc. $MFG Shares Purchased by Vise Technologies Inc.

Vise Technologies Inc. raised its stake in Mizuho Financial Group, Inc. (NYSE:MFG) by 26.1% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 470,426 shares of the bank’s stock after purchasing an additional 97,469 shares during the quarter. Vise Technologies Inc.’s holdings in Mizuho Financial Group were worth $5,198,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in MFG. Artemis Investment Management LLP boosted its stake in shares of Mizuho Financial Group by 84.6% during the 3rd quarter. Artemis Investment Management LLP now owns 7,433,017 shares of the bank’s stock valued at $82,135,000 after buying an additional 3,406,701 shares during the period. Quantinno Capital Management LP raised its holdings in shares of Mizuho Financial Group by 58.8% during the first quarter. Quantinno Capital Management LP now owns 2,906,954 shares of the bank’s stock worth $23,081,000 after acquiring an additional 1,076,717 shares in the last quarter. QRG Capital Management Inc. raised its holdings in shares of Mizuho Financial Group by 14.3% during the second quarter. QRG Capital Management Inc. now owns 765,157 shares of the bank’s stock worth $7,330,000 after acquiring an additional 95,651 shares in the last quarter. WCM Investment Management LLC acquired a new stake in Mizuho Financial Group during the first quarter valued at $7,014,000. Finally, Quadrant Capital Group LLC boosted its position in Mizuho Financial Group by 0.7% during the third quarter. Quadrant Capital Group LLC now owns 610,651 shares of the bank’s stock valued at $6,473,000 after purchasing an additional 4,237 shares during the last quarter. Institutional investors and hedge funds own 3.26% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings downgraded Mizuho Financial Group from a “buy (a)” rating to a “buy (b+)” rating in a research note on Friday, October 23rd. One research analyst has rated the stock with a Buy rating. According to data from MarketBeat, the stock currently has a consensus rating of “Buy”.

Mizuho Financial Group Trading Down 0.7%

NYSE:MFG opened at $9.54 on Wednesday. The stock’s 50 day moving average price is $10.58 and its 200 day moving average price is $9.55. Mizuho Financial Group, Inc. has a 52 week low of $6.45 and a 52 week high of $11.49. The company has a market capitalization of $117.89 billion, a P/E ratio of 11.64, a P/E/G ratio of 0.62 and a beta of 0.57. The company has a debt-to-equity ratio of 1.53, a quick ratio of 0.93 and a current ratio of 0.93.

About Mizuho Financial Group

Mizuho Financial Group, Inc is a Japan-based financial services holding company headquartered in Tokyo. Through its subsidiaries, the group provides banking, trust banking, securities, asset management, and other financial services to individuals, businesses, financial institutions, and public-sector organizations.

Its principal businesses include deposits and lending, payments and settlement services, foreign exchange, investment banking, securities brokerage and underwriting, trust and asset management, wealth management, and corporate advisory services.