Mizuho Financial Group, Inc. (NYSE:MFG) Shares Bought by Riversedge Advisors LLC

Riversedge Advisors LLC raised its stake in shares of Mizuho Financial Group, Inc. (NYSE:MFG) by 45.9% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 15,078 shares of the bank’s stock after acquiring an additional 4,747 shares during the period. Riversedge Advisors LLC’s holdings in Mizuho Financial Group were worth $74,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also modified their holdings of the company. Rhumbline Advisers lifted its stake in shares of Mizuho Financial Group by 0.8% in the 2nd quarter. Rhumbline Advisers now owns 325,847 shares of the bank’s stock valued at $1,378,000 after purchasing an additional 2,721 shares during the period. American Century Companies Inc. raised its position in shares of Mizuho Financial Group by 10.9% in the second quarter. American Century Companies Inc. now owns 2,391,343 shares of the bank’s stock worth $10,115,000 after acquiring an additional 234,972 shares during the period. Envestnet Asset Management Inc. raised its position in shares of Mizuho Financial Group by 6.4% in the second quarter. Envestnet Asset Management Inc. now owns 538,398 shares of the bank’s stock worth $2,277,000 after acquiring an additional 32,462 shares during the period. Dimensional Fund Advisors LP grew its position in shares of Mizuho Financial Group by 6.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 438,746 shares of the bank’s stock valued at $1,856,000 after acquiring an additional 26,182 shares during the period. Finally, Mercer Global Advisors Inc. ADV increased its stake in shares of Mizuho Financial Group by 4.3% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 209,934 shares of the bank’s stock valued at $888,000 after purchasing an additional 8,735 shares in the last quarter. Institutional investors and hedge funds own 3.26% of the company’s stock.

Mizuho Financial Group Stock Performance

NYSE MFG opened at $5.09 on Friday. The stock has a market capitalization of $64.44 billion, a price-to-earnings ratio of 13.74, a PEG ratio of 0.85 and a beta of 0.45. The stock has a 50-day moving average of $4.95 and a 200 day moving average of $4.46. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 1.15. Mizuho Financial Group, Inc. has a twelve month low of $3.44 and a twelve month high of $5.31.

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.