QRG Capital Management Inc. Decreases Stock Position in Mizuho Financial Group, Inc. (NYSE:MFG)

QRG Capital Management Inc. decreased its stake in shares of Mizuho Financial Group, Inc. (NYSE:MFG) by 0.4% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 650,426 shares of the bank’s stock after selling 2,842 shares during the quarter. QRG Capital Management Inc.’s holdings in Mizuho Financial Group were worth $2,719,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the stock. American Century Companies Inc. increased its stake in shares of Mizuho Financial Group by 10.9% during the second quarter. American Century Companies Inc. now owns 2,391,343 shares of the bank’s stock worth $10,115,000 after buying an additional 234,972 shares during the period. Creative Planning increased its position in shares of Mizuho Financial Group by 8.8% in the 3rd quarter. Creative Planning now owns 803,259 shares of the bank’s stock valued at $3,358,000 after purchasing an additional 65,185 shares during the last quarter. Natixis Advisors LLC raised its holdings in shares of Mizuho Financial Group by 3.2% in the 2nd quarter. Natixis Advisors LLC now owns 743,706 shares of the bank’s stock valued at $3,146,000 after purchasing an additional 22,802 shares in the last quarter. US Bancorp DE raised its holdings in shares of Mizuho Financial Group by 18.5% in the 3rd quarter. US Bancorp DE now owns 581,645 shares of the bank’s stock valued at $2,431,000 after purchasing an additional 91,003 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its position in shares of Mizuho Financial Group by 6.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 538,398 shares of the bank’s stock worth $2,277,000 after purchasing an additional 32,462 shares during the last quarter. Institutional investors and hedge funds own 3.26% of the company’s stock.

Mizuho Financial Group Price Performance

Shares of NYSE:MFG opened at $4.56 on Thursday. 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 has a 50-day simple moving average of $4.15 and a 200-day simple moving average of $4.12. Mizuho Financial Group, Inc. has a one year low of $3.14 and a one year high of $4.63. The stock has a market capitalization of $57.79 billion, a price-to-earnings ratio of 14.71, a PEG ratio of 0.76 and a beta of 0.38.

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.