JPMorgan Chase & Co. Acquires 90,984 Shares of Mizuho Financial Group, Inc. (NYSE:MFG)

JPMorgan Chase & Co. lifted its position in Mizuho Financial Group, Inc. (NYSE:MFG - Free Report) by 90.6% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 191,434 shares of the bank's stock after buying an additional 90,984 shares during the period. JPMorgan Chase & Co.'s holdings in Mizuho Financial Group were worth $800,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Envestnet Asset Management Inc. boosted its holdings in shares of Mizuho Financial Group by 6.4% in the second quarter. Envestnet Asset Management Inc. now owns 538,398 shares of the bank's stock valued at $2,277,000 after buying an additional 32,462 shares during the period. Dimensional Fund Advisors LP raised its holdings in shares of Mizuho Financial Group by 6.3% in the second quarter. Dimensional Fund Advisors LP now owns 438,746 shares of the bank's stock valued at $1,856,000 after purchasing an additional 26,182 shares during the last quarter. XTX Topco Ltd bought a new stake in shares of Mizuho Financial Group in the second quarter worth $117,000. Sei Investments Co. boosted its stake in shares of Mizuho Financial Group by 45.5% during the 2nd quarter. Sei Investments Co. now owns 19,475 shares of the bank's stock worth $82,000 after buying an additional 6,090 shares during the last quarter. Finally, Xponance Inc. grew its holdings in shares of Mizuho Financial Group by 21.2% in the 2nd quarter. Xponance Inc. now owns 23,063 shares of the bank's stock valued at $98,000 after acquiring an additional 4,041 shares in the last quarter. Institutional investors and hedge funds own 3.26% of the company's stock.

Mizuho Financial Group Stock Up 2.2 %

MFG traded up $0.12 on Monday, hitting $5.27. 1,314,924 shares of the company were exchanged, compared to its average volume of 1,064,745. The company has a market cap of $66.72 billion, a PE ratio of 14.23, a PEG ratio of 0.90 and a beta of 0.45. Mizuho Financial Group, Inc. has a 12 month low of $3.45 and a 12 month high of $5.31. The stock's fifty day moving average is $5.00 and its 200-day moving average is $4.49. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.96 and a current ratio of 0.96.

Mizuho Financial Group 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.