West Family Investments Inc. trimmed its position in shares of Mizuho Financial Group, Inc. (NYSE:MFG – Free Report) by 4.2% during the fourth quarter, HoldingsChannel.com reports. The firm owned 87,123 shares of the bank’s stock after selling 3,845 shares during the period. West Family Investments Inc.’s holdings in Mizuho Financial Group were worth $426,000 at the end of the most recent quarter.
Other hedge funds have also recently made changes to their positions in the company. FMR LLC lifted its stake 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 acquiring an additional 4,167,234 shares during the period. Natixis Advisors LLC lifted its stake in shares of Mizuho Financial Group by 351.2% in the third 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 during the period. Raymond James Financial Inc. acquired a new position in shares of Mizuho Financial Group in the fourth quarter worth approximately $5,951,000. Point72 Asset Management L.P. lifted its stake in shares of Mizuho Financial Group by 2,151.3% in the third 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 period. Finally, Orion Portfolio Solutions LLC lifted its stake in shares of Mizuho Financial Group by 473.0% in the third 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. 3.26% of the stock is owned by institutional investors and hedge funds.
Mizuho Financial Group Price Performance
Mizuho Financial Group stock opened at $5.75 on Friday. The stock’s 50 day moving average is $5.36 and its 200 day moving average is $4.77. The company has a debt-to-equity ratio of 1.39, a current ratio of 0.97 and a quick ratio of 0.96. The firm has a market cap of $72.80 billion, a P/E ratio of 14.36, a P/E/G ratio of 0.76 and a beta of 0.45. Mizuho Financial Group, Inc. has a one year low of $3.45 and a one year high of $5.91.
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.
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