FMR LLC lifted its holdings in Mizuho Financial Group, Inc. (NYSE:MFG - Free Report) by 31.0% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 17,622,960 shares of the bank's stock after purchasing an additional 4,167,234 shares during the period. FMR LLC owned about 0.14% of Mizuho Financial Group worth $73,664,000 at the end of the most recent quarter.
Several other hedge funds have also recently modified their holdings of the business. Natixis Advisors LLC raised its stake in shares of Mizuho Financial Group by 351.2% during the 3rd quarter. Natixis Advisors LLC now owns 3,355,910 shares of the bank's stock worth $14,028,000 after acquiring an additional 2,612,204 shares in the last quarter. American Century Companies Inc. increased its stake in Mizuho Financial Group by 10.9% during the 2nd quarter. American Century Companies Inc. now owns 2,391,343 shares of the bank's stock valued at $10,115,000 after purchasing an additional 234,972 shares in the last quarter. Creative Planning increased its stake in Mizuho Financial Group by 8.8% during the 3rd quarter. Creative Planning now owns 803,259 shares of the bank's stock valued at $3,358,000 after purchasing an additional 65,185 shares in the last quarter. Charles Schwab Investment Management Inc. increased 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 valued at $3,317,000 after purchasing an additional 83,655 shares in the last quarter. Finally, Crossmark Global Holdings Inc. increased its stake in Mizuho Financial Group by 10.2% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 725,377 shares of the bank's stock valued at $3,032,000 after purchasing an additional 67,298 shares in the last quarter. Hedge funds and other institutional investors own 3.26% of the company's stock.
Mizuho Financial Group Stock Performance
Shares of NYSE:MFG traded down $0.02 during midday trading on Friday, reaching $5.11. The company's stock had a trading volume of 824,366 shares, compared to its average volume of 1,279,109. The firm has a market capitalization of $64.76 billion, a PE ratio of 13.81, a P/E/G ratio of 0.93 and a beta of 0.43. Mizuho Financial Group, Inc. has a twelve month low of $3.27 and a twelve month high of $5.31. The stock has a fifty day moving average of $4.49 and a 200 day moving average of $4.25. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 1.15.
Mizuho Financial Group Profile
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Free Report)
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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