Integrated Wealth Concepts LLC Sells 3,920 Shares of Mizuho Financial Group, Inc. (NYSE:MFG)

Integrated Wealth Concepts LLC trimmed its stake in shares of Mizuho Financial Group, Inc. (NYSE:MFG) by 5.9% in the 3rd quarter, Holdings Channel reports. The firm owned 62,555 shares of the bank’s stock after selling 3,920 shares during the period. Integrated Wealth Concepts LLC’s holdings in Mizuho Financial Group were worth $261,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of MFG. HighTower Advisors LLC lifted its position in Mizuho Financial Group by 10.5% during the third quarter. HighTower Advisors LLC now owns 258,729 shares of the bank’s stock valued at $1,074,000 after purchasing an additional 24,548 shares in the last quarter. Benjamin Edwards Inc. purchased a new position in shares of Mizuho Financial Group during the 3rd quarter valued at $303,000. Captrust Financial Advisors increased its stake in Mizuho Financial Group by 138.3% in the 3rd quarter. Captrust Financial Advisors now owns 204,766 shares of the bank’s stock worth $856,000 after buying an additional 118,853 shares in the last quarter. Glenmede Trust Co. NA raised its holdings in Mizuho Financial Group by 12.5% during the third quarter. Glenmede Trust Co. NA now owns 83,601 shares of the bank’s stock valued at $349,000 after acquiring an additional 9,281 shares during the period. Finally, BNP Paribas Financial Markets lifted its position in shares of Mizuho Financial Group by 84.2% in the third quarter. BNP Paribas Financial Markets now owns 84,643 shares of the bank’s stock valued at $354,000 after acquiring an additional 38,685 shares in the last quarter. 3.26% of the stock is owned by institutional investors.

Mizuho Financial Group Stock Performance

NYSE:MFG opened at $5.03 on Friday. The stock has a 50-day moving average price of $4.60 and a 200 day moving average price of $4.30. The stock has a market capitalization of $63.68 billion, a P/E ratio of 13.58, a P/E/G ratio of 0.90 and a beta of 0.44. Mizuho Financial Group, Inc. has a 12-month low of $3.27 and a 12-month high of $5.31. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 1.15.

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, 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.