Mizuho Financial Group (NYSE:MFG) was downgraded by Zacks Investment Research from a “purchase” ranking to a “maintain” ranking in a analysis word issued on Wednesday, Zacks.com studies.
In accordance to Zacks, “THE MIZUHO FINANCIAL GROUP is a financial institution holding firm which operates and manages its banks, long-term credit score banks, specialised securities corporations and different corporations which the Firm might personal by legislation as its subsidiaries, and engages in enterprise appertaining to the administration and operation of such corporations. “
Shares of MFG opened at $2.70 on Wednesday. The corporate has a market cap of $34.24 billion, a PE ratio of 5.19, a P/E/G ratio of 0.80 and a beta of 0.60. The enterprise has a fifty day transferring common of $2.81 and a 200 day transferring common of $2.90. Mizuho Financial Group has a 52-week low of $2.51 and a 52-week excessive of $3.21. The corporate has a fast ratio of 0.88, a present ratio of 0.88 and a debt-to-equity ratio of 1.10.
Quite a lot of institutional traders and hedge funds have lately modified their holdings of MFG. Goldman Sachs Group Inc. elevated its stake in Mizuho Financial Group by 11.1% within the first quarter. Goldman Sachs Group Inc. now owns 5,826,211 shares of the financial institution’s inventory value $16,954,000 after buying an extra 580,305 shares in the course of the interval. BlackRock Inc. elevated its stake in Mizuho Financial Group by 12.3% within the second quarter. BlackRock Inc. now owns 3,708,866 shares of the financial institution’s inventory value $10,570,000 after buying an extra 406,778 shares in the course of the interval. O Shaughnessy Asset Administration LLC elevated its stake in Mizuho Financial Group by 449.0% within the second quarter. O Shaughnessy Asset Administration LLC now owns 352,936 shares of the financial institution’s inventory value $1,006,000 after buying an extra 288,653 shares in the course of the interval. FMR LLC elevated its stake in Mizuho Financial Group by 38.0% within the second quarter. FMR LLC now owns 860,153 shares of the financial institution’s inventory value $2,451,000 after buying an extra 236,969 shares in the course of the interval. Lastly, Parametric Portfolio Associates LLC elevated its stake in Mizuho Financial Group by 0.6% within the second quarter. Parametric Portfolio Associates LLC now owns 19,398,547 shares of the financial institution’s inventory value $55,286,000 after buying an extra 115,520 shares in the course of the interval. Institutional traders personal 0.42% of the corporate’s inventory.
He really helpful Bitcoin at $428, the primary trillion-dollar coin. Now he is recommending a brand new crypto.
Mizuho Financial Group Firm Profile
Mizuho Financial Group, Inc operates as a holding firm which engages within the provision of economic providers corresponding to banking, belief banking, securities, and different companies. It operates by means of the next segments: Mizuho Financial institution Ltd. (MHKB), Mizuho Belief & Banking Co, Ltd. (MHTB), and Mizuho Securities Co, Ltd.
Really useful Story: What is an Initial Coin Offering (ICO)?
Get a free copy of the Zacks research report on Mizuho Financial Group (MFG)
For extra details about analysis choices from Zacks Investment Research, go to Zacks.com
This prompt information alert was generated by narrative science know-how and monetary knowledge from MarketBeat so as to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial crew prior to publication. Please ship any questions or feedback about this story to [email protected]
Should you invest $1,000 in Mizuho Financial Group right now?
Earlier than you think about Mizuho Financial Group, you may need to hear this.
MarketBeat retains monitor of Wall Road’s top-rated and greatest performing analysis analysts and the shares they suggest to their shoppers every day. MarketBeat has recognized the 5 shares that high analysts are quietly whispering to their shoppers to purchase now earlier than the broader market catches on… and Mizuho Financial Group wasn’t on the listing.
Whereas Mizuho Financial Group at present has a “Maintain” ranking amongst analysts, top-rated analysts imagine these 5 shares are higher buys.