SVB Wealth LLC reduced its holdings in shares of Mizuho Financial Group, Inc. (NYSE:MFG – Get Rating) by 46.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 37,636 shares of the bank’s stock after selling 33,221 shares during the quarter. SVB Wealth LLC’s holdings in Mizuho Financial Group were worth $107,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds also recently modified their holdings of the business. EverSource Wealth Advisors LLC raised its position in shares of Mizuho Financial Group by 1,102.4% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 11,050 shares of the bank’s stock worth $25,000 after purchasing an additional 10,131 shares during the last quarter. Enterprise Financial Services Corp acquired a new position in shares of Mizuho Financial Group in the third quarter worth $26,000. Kestra Advisory Services LLC acquired a new position in shares of Mizuho Financial Group in the third quarter worth $27,000. Virtu Financial LLC purchased a new stake in shares of Mizuho Financial Group in the first quarter valued at $31,000. Finally, HighTower Advisors LLC acquired a new stake in shares of Mizuho Financial Group during the first quarter valued at $34,000. Hedge funds and other institutional investors own 0.53% of the company’s stock.
Mizuho Financial Group Stock Up 0.3 %
MFG stock opened at $2.90 on Monday. The stock has a market capitalization of $36.81 billion, a price-to-earnings ratio of 8.79, a price-to-earnings-growth ratio of 1.23 and a beta of 0.46. The stock’s fifty day simple moving average is $2.92 and its 200-day simple moving average is $2.88. Mizuho Financial Group, Inc. has a 52-week low of $2.10 and a 52-week high of $3.30.
Wall Street Analyst Weigh In
Mizuho Financial Group Profile
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.
Further Reading
- Get a free copy of the StockNews.com research report on Mizuho Financial Group (MFG)
- MarketBeat Week in Review – 5/22 – 5/26
- Big Lots Becomes A Stomach Churning Value Play
- The Melt-Up In Marvell Is On; But Don’t Chase It Higher
- Is Apple a Growth Stock or a Value Stock?
- Costco’s Earnings Call Reassure Economists, Recession Cancelled
Receive News & Ratings for Mizuho Financial Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mizuho Financial Group and related companies with MarketBeat.com's FREE daily email newsletter.
