Blue Trust Inc. Boosts Stake in Mizuho Financial Group, Inc. (NYSE:MFG)

Blue Trust Inc. raised its position in Mizuho Financial Group, Inc. (NYSE:MFG) by 42.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 90,913 shares of the bank’s stock after purchasing an additional 27,250 shares during the quarter. Blue Trust Inc.’s holdings in Mizuho Financial Group were worth $445,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the company. FMR LLC raised its position in Mizuho Financial Group by 31.0% in the 3rd quarter. FMR LLC now owns 17,622,960 shares of the bank’s stock valued at $73,664,000 after purchasing an additional 4,167,234 shares in the last quarter. Natixis Advisors LLC grew its position in shares of Mizuho Financial Group by 351.2% in the 3rd quarter. Natixis Advisors LLC now owns 3,355,910 shares of the bank’s stock valued at $14,028,000 after buying an additional 2,612,204 shares during the last quarter. Creative Planning grew its position in shares of Mizuho Financial Group by 8.8% in the 3rd quarter. Creative Planning now owns 803,259 shares of the bank’s stock valued at $3,358,000 after buying an additional 65,185 shares during the last quarter. Charles Schwab Investment Management Inc. raised its stake in Mizuho Financial Group by 11.8% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 793,629 shares of the bank’s stock worth $3,317,000 after acquiring an additional 83,655 shares in the last quarter. Finally, Crossmark Global Holdings Inc. lifted its position in Mizuho Financial Group by 1.3% in the fourth quarter. Crossmark Global Holdings Inc. now owns 734,905 shares of the bank’s stock valued at $3,593,000 after acquiring an additional 9,528 shares during the last quarter. 3.26% of the stock is currently owned by institutional investors and hedge funds.

Mizuho Financial Group Stock Down 1.6 %

MFG opened at $5.48 on Friday. The stock has a market capitalization of $69.46 billion, a P/E ratio of 14.81, a price-to-earnings-growth ratio of 0.94 and a beta of 0.45. 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, Inc. has a one year low of $3.45 and a one year high of $5.63. The business’s 50-day simple moving average is $5.04 and its 200-day simple moving average is $4.51.

Mizuho Financial Group Company 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.