BNP Paribas Financial Markets lifted its position in Mizuho Financial Group, Inc. (NYSE:MFG – Free Report) by 84.2% during the third quarter, Holdings Channel reports. The institutional investor owned 84,643 shares of the bank’s stock after buying an additional 38,685 shares during the quarter. BNP Paribas Financial Markets’ holdings in Mizuho Financial Group were worth $354,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Natixis Advisors LLC raised its stake 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 worth $14,028,000 after buying an additional 2,612,204 shares in the last quarter. Verdence Capital Advisors LLC bought a new stake in shares of Mizuho Financial Group in the 3rd quarter worth $862,000. Zions Bancorporation N.A. raised its stake in shares of Mizuho Financial Group by 3,594.0% in the 3rd quarter. Zions Bancorporation N.A. now owns 157,252 shares of the bank’s stock worth $657,000 after buying an additional 152,995 shares in the last quarter. Allspring Global Investments Holdings LLC raised its stake 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 worth $373,000 after buying an additional 19,818 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its stake in shares of Mizuho Financial Group by 143.6% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 94,988 shares of the bank’s stock worth $397,000 after buying an additional 56,000 shares in the last quarter. Institutional investors own 3.26% of the company’s stock.
Mizuho Financial Group Stock Down 0.8 %
MFG opened at $5.02 on Friday. Mizuho Financial Group, Inc. has a one year low of $3.27 and a one year high of $5.31. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.96 and a current ratio of 0.96. The stock’s fifty day moving average is $4.60 and its 200-day moving average is $4.30. The company has a market capitalization of $63.62 billion, a PE ratio of 13.57, a P/E/G ratio of 0.90 and a beta of 0.44.
Mizuho Financial Group 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.
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