Quadrant Capital Group LLC Acquires 156,042 Shares of Mizuho Financial Group, Inc. $MFG

Quadrant Capital Group LLC raised its holdings in Mizuho Financial Group, Inc. (NYSE:MFG) by 36.1% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 588,049 shares of the bank’s stock after purchasing an additional 156,042 shares during the quarter. Quadrant Capital Group LLC’s holdings in Mizuho Financial Group were worth $4,305,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Brown Brothers Harriman & Co. increased its stake in shares of Mizuho Financial Group by 351.5% in the 4th quarter. Brown Brothers Harriman & Co. now owns 4,524 shares of the bank’s stock valued at $33,000 after buying an additional 3,522 shares during the period. Bessemer Group Inc. increased its stake in shares of Mizuho Financial Group by 38.6% in the 3rd quarter. Bessemer Group Inc. now owns 7,901 shares of the bank’s stock valued at $54,000 after buying an additional 2,201 shares during the period. Brighton Jones LLC increased its stake in shares of Mizuho Financial Group by 19.3% in the 4th quarter. Brighton Jones LLC now owns 12,343 shares of the bank’s stock valued at $60,000 after buying an additional 1,998 shares during the period. Fifth Third Bancorp increased its stake in shares of Mizuho Financial Group by 45.2% in the 4th quarter. Fifth Third Bancorp now owns 8,239 shares of the bank’s stock valued at $60,000 after buying an additional 2,565 shares during the period. Finally, Cresset Asset Management LLC acquired a new stake in shares of Mizuho Financial Group in the 2nd quarter valued at $63,000. Institutional investors own 3.26% of the company’s stock.

Mizuho Financial Group Stock Performance

NYSE MFG opened at $9.68 on Friday. The stock has a fifty day moving average of $8.83 and a 200-day moving average of $8.36. The stock has a market capitalization of $119.49 billion, a P/E ratio of 12.73, a price-to-earnings-growth ratio of 0.60 and a beta of 0.45. Mizuho Financial Group, Inc. has a 52 week low of $5.35 and a 52 week high of $10.28.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “buy (b+)” rating on shares of Mizuho Financial Group in a research note on Friday, May 1st. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

About Mizuho Financial Group

Mizuho Financial Group, Inc is a major Japanese banking and financial services holding company headquartered in Tokyo. The group operates through a network of subsidiaries that provide a full range of retail, corporate and investment banking services. Its core businesses include deposit-taking and lending, transaction banking, cash management, trade finance and treasury services for both individual and institutional clients.

Beyond traditional commercial banking, Mizuho offers securities and capital markets services, investment banking, underwriting, M&A advisory, and asset management through its securities and trust banking arms.