Verdence Capital Advisors LLC Purchases Shares of 206,269 Mizuho Financial Group, Inc. (NYSE:MFG)

Verdence Capital Advisors LLC bought a new position in shares of Mizuho Financial Group, Inc. (NYSE:MFG - Free Report) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 206,269 shares of the bank's stock, valued at approximately $862,000.

A number of other institutional investors have also modified their holdings of the business. Allspring Global Investments Holdings LLC boosted its holdings in 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. AQR Capital Management LLC grew its position in Mizuho Financial Group by 139.4% during the second quarter. AQR Capital Management LLC now owns 225,432 shares of the bank's stock worth $954,000 after buying an additional 131,271 shares during the period. Bleakley Financial Group LLC lifted its position in shares of Mizuho Financial Group by 19.9% during the 3rd quarter. Bleakley Financial Group LLC now owns 34,732 shares of the bank's stock valued at $145,000 after acquiring an additional 5,758 shares during the period. Envestnet Portfolio Solutions Inc. boosted its stake in shares of Mizuho Financial Group by 26.6% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 12,896 shares of the bank's stock worth $51,000 after acquiring an additional 2,712 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its stake in 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 valued at $397,000 after purchasing an additional 56,000 shares in the last quarter. 3.26% of the stock is owned by institutional investors and hedge funds.

Mizuho Financial Group Price Performance

NYSE MFG traded up $0.03 during trading hours on Monday, reaching $4.54. The company's stock had a trading volume of 676,990 shares, compared to its average volume of 1,295,490. The company has a debt-to-equity ratio of 1.22, a quick ratio of 0.96 and a current ratio of 0.96. The company's 50-day moving average is $4.17 and its two-hundred day moving average is $4.13. Mizuho Financial Group, Inc. has a fifty-two week low of $3.25 and a fifty-two week high of $4.63. The stock has a market cap of $57.53 billion, a PE ratio of 14.55, a PEG ratio of 0.80 and a beta of 0.38.

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.