Centiva Capital LP Acquires Shares of 14,888 Mizuho Financial Group, Inc. (NYSE:MFG)

Posted by on Feb 27th, 2023

Centiva Capital LP bought a new position in shares of Mizuho Financial Group, Inc. (NYSE:MFG – Get Rating) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 14,888 shares of the bank’s stock, valued at approximately $33,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in MFG. M&T Bank Corp grew its holdings in Mizuho Financial Group by 18.0% during the 2nd quarter. M&T Bank Corp now owns 281,258 shares of the bank’s stock worth $629,000 after acquiring an additional 42,863 shares during the last quarter. Rehmann Capital Advisory Group bought a new stake in shares of Mizuho Financial Group during the second quarter valued at approximately $28,000. Checchi Capital Advisers LLC increased its holdings in shares of Mizuho Financial Group by 28.3% in the third quarter. Checchi Capital Advisers LLC now owns 45,381 shares of the bank’s stock valued at $100,000 after purchasing an additional 10,022 shares in the last quarter. Sage Rhino Capital LLC increased its holdings in shares of Mizuho Financial Group by 12.4% in the third quarter. Sage Rhino Capital LLC now owns 41,842 shares of the bank’s stock valued at $92,000 after purchasing an additional 4,617 shares in the last quarter. Finally, BOK Financial Private Wealth Inc. bought a new position in Mizuho Financial Group in the 3rd quarter worth approximately $32,000. 0.53% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages have commented on MFG. Jefferies Financial Group upgraded Mizuho Financial Group from a “hold” rating to a “buy” rating in a research report on Tuesday, January 24th. StockNews.com cut Mizuho Financial Group from a “buy” rating to a “hold” rating in a report on Friday, February 17th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, Mizuho Financial Group presently has an average rating of “Hold”.

Mizuho Financial Group Trading Down 2.2 %

Shares of NYSE MFG opened at $3.11 on Monday. Mizuho Financial Group, Inc. has a fifty-two week low of $2.10 and a fifty-two week high of $3.30. The firm has a market capitalization of $39.47 billion, a P/E ratio of 8.64, a P/E/G ratio of 1.36 and a beta of 0.49. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.90 and a quick ratio of 0.84. The company’s 50 day simple moving average is $3.05 and its 200 day simple moving average is $2.56.

Mizuho Financial Group Company Profile

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Mizuho Financial Group, Inc operates as a holding company which engages in the provision of financial services such as banking, trust banking, securities, and others. It operates through the following segments: Mizuho Bank Ltd. (MHKB), Mizuho Trust & Banking Co, Ltd. (MHTB), and Mizuho Securities Co, Ltd.

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Institutional Ownership by Quarter for Mizuho Financial Group (NYSE:MFG)

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