Orion Portfolio Solutions LLC Raises Stock Position in Mizuho Financial Group, Inc. (NYSE:MFG)

Orion Portfolio Solutions LLC raised its position in shares of Mizuho Financial Group, Inc. (NYSE:MFG - Free Report) by 473.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 421,624 shares of the bank's stock after purchasing an additional 348,046 shares during the period. Orion Portfolio Solutions LLC's holdings in Mizuho Financial Group were worth $1,762,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the business. Natixis Advisors LLC lifted 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 worth $14,028,000 after purchasing an additional 2,612,204 shares during the period. Verdence Capital Advisors LLC acquired a new position in Mizuho Financial Group in the third quarter valued at $862,000. Zions Bancorporation N.A. boosted its position in Mizuho Financial Group by 3,594.0% during the third quarter. Zions Bancorporation N.A. now owns 157,252 shares of the bank's stock valued at $657,000 after acquiring an additional 152,995 shares during the last quarter. Allspring Global Investments Holdings LLC grew its holdings in Mizuho Financial Group by 28.6% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 89,213 shares of the bank's stock worth $373,000 after acquiring an additional 19,818 shares during the period. Finally, Wealth Enhancement Advisory Services LLC raised its position 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 acquiring an additional 56,000 shares in the last quarter. Institutional investors and hedge funds own 3.26% of the company's stock.

Mizuho Financial Group Stock Down 0.7 %

NYSE MFG traded down $0.03 on Friday, hitting $5.03. 642,828 shares of the company were exchanged, compared to its average volume of 1,267,574. Mizuho Financial Group, Inc. has a 12 month low of $3.27 and a 12 month high of $5.31. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 1.15. The company has a market cap of $63.68 billion, a PE ratio of 13.66, a PEG ratio of 0.90 and a beta of 0.44. The stock has a fifty day moving average of $4.59 and a 200-day moving average of $4.29.

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.