Mizuho Financial Group, Inc. (NYSE:MFG) Shares Acquired by Zions Bancorporation N.A.

by · The Cerbat Gem

Zions Bancorporation N.A. raised its holdings in Mizuho Financial Group, Inc. (NYSE:MFG – Free Report) by 3,594.0% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 157,252 shares of the bank’s stock after purchasing an additional 152,995 shares during the period. Zions Bancorporation N.A.’s holdings in Mizuho Financial Group were worth $657,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Allspring Global Investments Holdings LLC bought a new stake in shares of Mizuho Financial Group in the 1st quarter worth approximately $111,000. BNP Paribas Financial Markets grew its position in Mizuho Financial Group by 499.3% in the 1st quarter. BNP Paribas Financial Markets now owns 29,083 shares of the bank’s stock worth $116,000 after purchasing an additional 24,230 shares during the last quarter. Envestnet Portfolio Solutions Inc. increased its stake in shares of Mizuho Financial Group by 26.6% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 12,896 shares of the bank’s stock valued at $51,000 after purchasing an additional 2,712 shares during the period. SG Americas Securities LLC bought a new stake in shares of Mizuho Financial Group during the first quarter valued at approximately $63,000. Finally, Russell Investments Group Ltd. raised its stake in Mizuho Financial Group by 59.3% during the 1st quarter. Russell Investments Group Ltd. now owns 16,418 shares of the bank’s stock valued at $65,000 after acquiring an additional 6,110 shares in the last quarter. Institutional investors own 3.26% of the company’s stock.

Mizuho Financial Group Stock Performance

MFG stock opened at $4.88 on Friday. The company has a market capitalization of $61.84 billion, a P/E ratio of 13.19, a PEG ratio of 0.80 and a beta of 0.38. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 1.22. The company has a 50-day simple moving average of $4.20 and a 200 day simple moving average of $4.14. Mizuho Financial Group, Inc. has a fifty-two week low of $3.27 and a fifty-two week high of $4.89.

About Mizuho Financial Group

(Free Report)

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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