Riversedge Advisors LLC Raises Holdings in Mizuho Financial Group, Inc. (NYSE:MFG)

Riversedge Advisors LLC lifted its stake in Mizuho Financial Group, Inc. (NYSE:MFG) by 45.9% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 15,078 shares of the bank’s stock after purchasing an additional 4,747 shares during the quarter. Riversedge Advisors LLC’s holdings in Mizuho Financial Group were worth $74,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. FMR LLC raised its holdings in shares of Mizuho Financial Group by 31.0% in the third quarter. FMR LLC now owns 17,622,960 shares of the bank’s stock worth $73,664,000 after buying an additional 4,167,234 shares during the last quarter. Natixis Advisors LLC increased 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 valued at $14,028,000 after acquiring an additional 2,612,204 shares during the period. Point72 Asset Management L.P. raised its stake in Mizuho Financial Group by 2,151.3% in the 3rd quarter. Point72 Asset Management L.P. now owns 570,800 shares of the bank’s stock worth $2,386,000 after acquiring an additional 545,446 shares during the last quarter. Orion Portfolio Solutions LLC lifted its position in Mizuho Financial Group by 473.0% during the 3rd quarter. Orion Portfolio Solutions LLC now owns 421,624 shares of the bank’s stock worth $1,762,000 after acquiring an additional 348,046 shares during the period. Finally, Sanctuary Advisors LLC grew its stake in Mizuho Financial Group by 1,077.4% during the 3rd quarter. Sanctuary Advisors LLC now owns 278,847 shares of the bank’s stock valued at $1,166,000 after purchasing an additional 255,164 shares during the last quarter. 3.26% of the stock is currently owned by institutional investors and hedge funds.

Mizuho Financial Group Stock Down 0.3 %

Shares of MFG stock opened at $5.09 on Friday. Mizuho Financial Group, Inc. has a fifty-two week low of $3.44 and a fifty-two week high of $5.31. The firm has a market capitalization of $64.44 billion, a PE ratio of 13.74, a P/E/G ratio of 0.85 and a beta of 0.45. 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 50-day simple moving average is $4.95 and its 200-day simple moving average is $4.46.

About Mizuho Financial Group

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.