First Trust Direct Indexing L.P. Has $1.76 Million Holdings in Mizuho Financial Group, Inc. (NYSE:MFG)

First Trust Direct Indexing L.P. grew its position in Mizuho Financial Group, Inc. (NYSE:MFG) by 1.3% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 421,587 shares of the bank’s stock after acquiring an additional 5,503 shares during the quarter. First Trust Direct Indexing L.P.’s holdings in Mizuho Financial Group were worth $1,762,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Dakota Wealth Management acquired a new position in shares of Mizuho Financial Group during the 3rd quarter valued at about $42,000. Brighton Jones LLC acquired a new position in shares of Mizuho Financial Group during the 2nd quarter valued at about $43,000. Riversedge Advisors LLC acquired a new position in shares of Mizuho Financial Group during the 2nd quarter valued at about $46,000. ERn Financial LLC acquired a new position in shares of Mizuho Financial Group during the 3rd quarter valued at about $46,000. Finally, Kathmere Capital Management LLC acquired a new position in shares of Mizuho Financial Group during the 2nd quarter valued at about $47,000. Institutional investors and hedge funds own 3.26% of the company’s stock.

Mizuho Financial Group Stock Performance

Shares of NYSE MFG opened at $4.24 on Friday. The company has a debt-to-equity ratio of 1.22, a quick ratio of 0.96 and a current ratio of 0.96. The firm has a market cap of $53.67 billion, a price-to-earnings ratio of 13.66, a P/E/G ratio of 0.69 and a beta of 0.39. The business’s 50-day simple moving average is $4.14 and its 200-day simple moving average is $4.10. Mizuho Financial Group, Inc. has a 52 week low of $3.14 and a 52 week high of $4.63.

Mizuho Financial Group (NYSE:MFG) last announced its earnings results on Wednesday, July 31st. The bank reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.02. Mizuho Financial Group had a return on equity of 6.64% and a net margin of 6.38%. The firm had revenue of $15.27 billion during the quarter. As a group, equities research analysts expect that Mizuho Financial Group, Inc. will post 0.44 earnings per share for the current fiscal year.

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.