Mediolanum International Funds Ltd purchased a new position in shares of Mizuho Financial Group, Inc. (NYSE:MFG – Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 99,200 shares of the bank’s stock, valued at approximately $415,000.
Other hedge funds have also recently added to or reduced their stakes in the company. American Century Companies Inc. increased its position in Mizuho Financial Group by 10.9% during the 2nd quarter. American Century Companies Inc. now owns 2,391,343 shares of the bank’s stock worth $10,115,000 after purchasing an additional 234,972 shares during the period. AQR Capital Management LLC boosted its stake in shares of Mizuho Financial Group by 139.4% in the second quarter. AQR Capital Management LLC now owns 225,432 shares of the bank’s stock valued at $954,000 after buying an additional 131,271 shares in the last quarter. Ritholtz Wealth Management boosted its stake in shares of Mizuho Financial Group by 645.5% in the second quarter. Ritholtz Wealth Management now owns 115,389 shares of the bank’s stock valued at $488,000 after buying an additional 99,911 shares in the last quarter. Marshall Wace LLP purchased a new stake in shares of Mizuho Financial Group in the second quarter valued at approximately $387,000. Finally, Creative Planning boosted its stake in shares of Mizuho Financial Group by 13.5% in the second quarter. Creative Planning now owns 738,074 shares of the bank’s stock valued at $3,122,000 after buying an additional 88,011 shares in the last quarter. Institutional investors and hedge funds own 3.26% of the company’s stock.
Mizuho Financial Group Stock Down 0.2 %
Mizuho Financial Group stock opened at $4.09 on Monday. The company has a debt-to-equity ratio of 1.22, a current ratio of 0.96 and a quick ratio of 0.96. Mizuho Financial Group, Inc. has a 1-year low of $3.14 and a 1-year high of $4.63. The company has a market cap of $51.83 billion, a PE ratio of 13.63, a price-to-earnings-growth ratio of 0.69 and a beta of 0.39. The stock’s 50 day moving average price is $4.14 and its 200 day moving average price is $4.10.
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.
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