Axxcess Wealth Management LLC Makes New $95,000 Investment in Mizuho Financial Group, Inc. (NYSE:MFG)

Axxcess Wealth Management LLC bought a new stake in Mizuho Financial Group, Inc. (NYSE:MFG) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 22,800 shares of the bank’s stock, valued at approximately $95,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Verdence Capital Advisors LLC purchased a new position in Mizuho Financial Group in the third quarter worth $862,000. Allspring Global Investments Holdings LLC increased its holdings in shares of Mizuho Financial Group by 28.6% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 89,213 shares of the bank’s stock valued at $373,000 after purchasing an additional 19,818 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in shares of Mizuho Financial Group by 143.6% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 94,988 shares of the bank’s stock valued at $397,000 after purchasing an additional 56,000 shares during the period. AQR Capital Management LLC lifted its stake in shares of Mizuho Financial Group by 139.4% in the second quarter. AQR Capital Management LLC now owns 225,432 shares of the bank’s stock valued at $954,000 after purchasing an additional 131,271 shares during the period. Finally, Private Advisor Group LLC boosted its holdings in Mizuho Financial Group by 22.7% during the third quarter. Private Advisor Group LLC now owns 63,205 shares of the bank’s stock worth $264,000 after buying an additional 11,686 shares in the last quarter. 3.26% of the stock is currently owned by institutional investors and hedge funds.

Mizuho Financial Group Trading Up 2.5 %

Shares of Mizuho Financial Group stock opened at $4.88 on Friday. The company has a 50-day moving average of $4.20 and a two-hundred day moving average of $4.14. Mizuho Financial Group, Inc. has a 12-month low of $3.27 and a 12-month high of $4.89. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 1.22. The stock has a market cap of $61.84 billion, a PE ratio of 15.74, a price-to-earnings-growth ratio of 0.80 and a beta of 0.38.

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.