Fisher Asset Management LLC Makes New $1.05 Million Investment in Mizuho Financial Group, Inc. (NYSE:MFG)

Fisher Asset Management LLC purchased a new stake in Mizuho Financial Group, Inc. (NYSE:MFG) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 251,035 shares of the bank’s stock, valued at approximately $1,049,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Verdence Capital Advisors LLC bought a new stake in Mizuho Financial Group in the third quarter valued at about $862,000. Zions Bancorporation N.A. increased its stake in shares of Mizuho Financial Group by 3,594.0% in the 3rd quarter. Zions Bancorporation N.A. now owns 157,252 shares of the bank’s stock valued at $657,000 after acquiring an additional 152,995 shares during the last quarter. Natixis Advisors LLC raised 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. Allspring Global Investments Holdings LLC boosted its stake 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 worth $373,000 after acquiring an additional 19,818 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its stake in Mizuho Financial Group by 143.6% during the 3rd 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 during the last quarter. 3.26% of the stock is currently owned by institutional investors.

Mizuho Financial Group Stock Up 3.8 %

Shares of NYSE:MFG opened at $5.09 on Friday. The company has a 50 day moving average price of $4.40 and a two-hundred day moving average price of $4.22. 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 company has a market capitalization of $64.44 billion, a PE ratio of 13.74, a PEG ratio of 0.86 and a beta of 0.38. Mizuho Financial Group, Inc. has a 52 week low of $3.27 and a 52 week high of $5.09.

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.