Shares of Mizuho Financial Group, Inc. (NYSE:MFG) saw an uptick in trading volume on Thursday . 1,631,035 shares were traded during mid-day trading, an increase of 138% from the previous session’s volume of 683,945 shares.The stock last traded at $3.78 and had previously closed at $3.70.

A number of brokerages have recently issued reports on MFG. Zacks Investment Research raised shares of Mizuho Financial Group from a “sell” rating to a “hold” rating in a research report on Saturday, December 2nd. Morgan Stanley cut shares of Mizuho Financial Group from an “overweight” rating to an “equal weight” rating in a research report on Thursday, November 30th. One research analyst has rated the stock with a sell rating and five have issued a hold rating to the company’s stock. Mizuho Financial Group presently has a consensus rating of “Hold” and an average target price of $4.00.

The company has a market capitalization of $47,942.19, a PE ratio of 10.50 and a beta of 1.20. The company has a current ratio of 0.93, a quick ratio of 0.90 and a debt-to-equity ratio of 0.88.

Several institutional investors have recently made changes to their positions in MFG. Sei Investments Co. boosted its position in shares of Mizuho Financial Group by 39.0% in the second quarter. Sei Investments Co. now owns 81,382 shares of the bank’s stock valued at $299,000 after acquiring an additional 22,815 shares during the period. Bank of New York Mellon Corp raised its stake in Mizuho Financial Group by 3.7% in the second quarter. Bank of New York Mellon Corp now owns 275,192 shares of the bank’s stock valued at $1,011,000 after purchasing an additional 9,832 shares in the last quarter. Eagle Asset Management Inc. raised its stake in Mizuho Financial Group by 16.7% in the second quarter. Eagle Asset Management Inc. now owns 54,446 shares of the bank’s stock valued at $199,000 after purchasing an additional 7,776 shares in the last quarter. M&T Bank Corp raised its stake in Mizuho Financial Group by 32.3% in the second quarter. M&T Bank Corp now owns 33,008 shares of the bank’s stock valued at $121,000 after purchasing an additional 8,061 shares in the last quarter. Finally, Parametric Portfolio Associates LLC raised its stake in Mizuho Financial Group by 15.2% in the second quarter. Parametric Portfolio Associates LLC now owns 7,047,574 shares of the bank’s stock valued at $25,865,000 after purchasing an additional 932,408 shares in the last quarter. 0.33% of the stock is owned by institutional investors.

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Mizuho Financial Group Company Profile

Mizuho Financial Group, Inc (MHFG) is a financial holding company. The Company, through its subsidiaries, provides domestic and international financial services in Japan and other countries. The Company’s segments include MHBK, MHTB, MHSC and Others. The MHBK segment includes Personal Banking; Retail Banking; Corporate Banking (Large Corporations); Corporate Banking; Financial Institutions & Public Sector Business; International Banking, and Trading and others.

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