Advisors Asset Management Inc. Cuts Holdings in Mizuho Financial Group Inc. (MFG)

Advisors Asset Management Inc. decreased its stake in shares of Mizuho Financial Group Inc. (NYSE:MFG) by 14.9% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 196,548 shares of the bank’s stock after selling 34,497 shares during the quarter. Advisors Asset Management Inc.’s holdings in Mizuho Financial Group were worth $666,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of MFG. Wolverine Asset Management LLC increased its position in shares of Mizuho Financial Group by 292.3% during the 2nd quarter. Wolverine Asset Management LLC now owns 980,809 shares of the bank’s stock worth $3,324,000 after purchasing an additional 730,809 shares during the last quarter. Aperio Group LLC increased its position in shares of Mizuho Financial Group by 11.8% during the 2nd quarter. Aperio Group LLC now owns 3,856,353 shares of the bank’s stock worth $13,073,000 after purchasing an additional 407,955 shares during the last quarter. Royal Bank of Canada increased its position in shares of Mizuho Financial Group by 10.1% during the 1st quarter. Royal Bank of Canada now owns 2,594,287 shares of the bank’s stock worth $9,599,000 after purchasing an additional 238,983 shares during the last quarter. Dean Capital Investments Management LLC acquired a new position in shares of Mizuho Financial Group during the 2nd quarter worth approximately $341,000. Finally, Gradient Investments LLC increased its position in shares of Mizuho Financial Group by 16.7% during the 2nd quarter. Gradient Investments LLC now owns 648,960 shares of the bank’s stock worth $2,200,000 after purchasing an additional 92,848 shares during the last quarter. 0.38% of the stock is currently owned by hedge funds and other institutional investors.

NYSE:MFG opened at $3.42 on Tuesday. The company has a market cap of $43.50 billion, a price-to-earnings ratio of 8.55 and a beta of 1.18. Mizuho Financial Group Inc. has a twelve month low of $3.28 and a twelve month high of $4.00. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 0.82.

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

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Institutional Ownership by Quarter for Mizuho Financial Group (NYSE:MFG)

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