Natixis Advisors LLC Purchases 2,612,204 Shares of Mizuho Financial Group, Inc. (NYSE:MFG)

Natixis Advisors LLC raised its holdings in shares of Mizuho Financial Group, Inc. (NYSE:MFG - Free Report) by 351.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,355,910 shares of the bank's stock after purchasing an additional 2,612,204 shares during the quarter. Natixis Advisors LLC's holdings in Mizuho Financial Group were worth $14,028,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Verdence Capital Advisors LLC purchased a new stake in shares of Mizuho Financial Group during the 3rd quarter valued at approximately $862,000. Allspring Global Investments Holdings LLC raised 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 valued at $373,000 after acquiring an additional 19,818 shares during the period. Wealth Enhancement Advisory Services LLC lifted its position in shares of Mizuho Financial Group by 143.6% during the third 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. Zions Bancorporation N.A. boosted its holdings in shares of Mizuho Financial Group by 3,594.0% in the third quarter. Zions Bancorporation N.A. now owns 157,252 shares of the bank's stock worth $657,000 after acquiring an additional 152,995 shares during the period. Finally, AQR Capital Management LLC grew its position 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 in the last quarter. Institutional investors own 3.26% of the company's stock.

Mizuho Financial Group Stock Performance

Shares of MFG opened at $4.91 on Thursday. The stock's 50-day simple moving average is $4.27 and its 200 day simple moving average is $4.17. Mizuho Financial Group, Inc. has a 52-week low of $3.27 and a 52-week high of $4.99. The stock has a market capitalization of $62.22 billion, a price-to-earnings ratio of 13.27, a price-to-earnings-growth ratio of 0.86 and a beta of 0.38. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.96 and a current ratio of 0.96.

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.