Dimensional Fund Advisors LP boosted its stake in Mizuho Financial Group, Inc. (NYSE:MFG – Free Report) by 23.4% during the fourth quarter, Holdings Channel reports. The institutional investor owned 560,778 shares of the bank’s stock after buying an additional 106,467 shares during the period. Dimensional Fund Advisors LP’s holdings in Mizuho Financial Group were worth $2,742,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds have also bought and sold shares of the stock. First Trust Advisors LP acquired a new position in Mizuho Financial Group in the 4th quarter valued at about $1,977,000. Forum Financial Management LP boosted its holdings in Mizuho Financial Group by 33.3% in the 4th quarter. Forum Financial Management LP now owns 364,094 shares of the bank’s stock valued at $1,780,000 after purchasing an additional 90,960 shares during the period. GeoWealth Management LLC boosted its holdings in Mizuho Financial Group by 23.7% in the 4th quarter. GeoWealth Management LLC now owns 17,686 shares of the bank’s stock valued at $86,000 after purchasing an additional 3,386 shares during the period. Marshall Wace LLP bought a new stake in Mizuho Financial Group in the 4th quarter valued at about $137,000. Finally, Evergreen Capital Management LLC boosted its holdings in Mizuho Financial Group by 7.3% in the 4th quarter. Evergreen Capital Management LLC now owns 104,400 shares of the bank’s stock valued at $511,000 after purchasing an additional 7,075 shares during the period. Institutional investors and hedge funds own 3.26% of the company’s stock.
Mizuho Financial Group Stock Performance
NYSE MFG opened at $5.16 on Wednesday. The company has a quick ratio of 0.96, a current ratio of 0.97 and a debt-to-equity ratio of 1.39. The company has a market capitalization of $65.00 billion, a P/E ratio of 12.90, a P/E/G ratio of 0.76 and a beta of 0.38. Mizuho Financial Group, Inc. has a 12-month low of $3.45 and a 12-month high of $6.08. The firm has a 50-day moving average price of $5.16 and a two-hundred day moving average price of $5.12.
Mizuho Financial Group Company 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.
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