Naviter Wealth LLC Raises Position in Mizuho Financial Group, Inc. (NYSE:MFG)

Naviter Wealth LLC grew its holdings in shares of Mizuho Financial Group, Inc. (NYSE:MFG) by 24.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 247,337 shares of the bank’s stock after acquiring an additional 48,866 shares during the period. Naviter Wealth LLC’s holdings in Mizuho Financial Group were worth $851,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. FMR LLC increased its holdings in Mizuho Financial Group by 11.7% in the 3rd quarter. FMR LLC now owns 11,516,942 shares of the bank’s stock worth $39,503,000 after acquiring an additional 1,206,471 shares in the last quarter. American Century Companies Inc. increased its stake in shares of Mizuho Financial Group by 7.1% in the third quarter. American Century Companies Inc. now owns 1,635,521 shares of the bank’s stock worth $5,610,000 after purchasing an additional 108,733 shares in the last quarter. Mariner LLC raised its position in shares of Mizuho Financial Group by 20.6% during the 3rd quarter. Mariner LLC now owns 828,705 shares of the bank’s stock valued at $2,842,000 after purchasing an additional 141,362 shares during the period. Natixis Advisors L.P. raised its position in shares of Mizuho Financial Group by 6.6% during the 3rd quarter. Natixis Advisors L.P. now owns 657,403 shares of the bank’s stock valued at $2,255,000 after purchasing an additional 40,455 shares during the period. Finally, Integrated Wealth Concepts LLC lifted its stake in shares of Mizuho Financial Group by 0.8% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 657,170 shares of the bank’s stock valued at $2,254,000 after buying an additional 5,191 shares in the last quarter. 3.26% of the stock is currently owned by hedge funds and other institutional investors.

Mizuho Financial Group Stock Up 0.3 %

NYSE MFG opened at $3.88 on Tuesday. Mizuho Financial Group, Inc. has a twelve month low of $2.81 and a twelve month high of $4.32. The business has a 50-day moving average price of $3.90 and a 200-day moving average price of $3.62. The firm has a market cap of $48.87 billion, a price-to-earnings ratio of 10.75, a price-to-earnings-growth ratio of 0.73 and a beta of 0.42.

Mizuho Financial Group (NYSE:MFG) last posted its quarterly earnings results on Friday, February 2nd. The bank reported $0.11 earnings per share for the quarter. The business had revenue of $12.97 billion during the quarter. Mizuho Financial Group had a return on equity of 6.72% and a net margin of 8.48%. Research analysts expect that Mizuho Financial Group, Inc. will post 0.36 EPS for the current fiscal year.

Mizuho Financial Group 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.