SVB Wealth LLC Raises Stake in Mizuho Financial Group, Inc. (NYSE:MFG)

SVB Wealth LLC increased its stake in shares of Mizuho Financial Group, Inc. (NYSE:MFG) by 23.6% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 44,023 shares of the bank’s stock after purchasing an additional 8,395 shares during the period. SVB Wealth LLC’s holdings in Mizuho Financial Group were worth $151,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. FMR LLC lifted its holdings in Mizuho Financial Group by 11.7% during the 3rd quarter. FMR LLC now owns 11,516,942 shares of the bank’s stock worth $39,503,000 after purchasing an additional 1,206,471 shares in the last quarter. American Century Companies Inc. lifted its holdings in Mizuho Financial Group by 7.1% during the 3rd 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 lifted its holdings in Mizuho Financial Group by 20.6% during the 3rd quarter. Mariner LLC now owns 828,705 shares of the bank’s stock worth $2,842,000 after purchasing an additional 141,362 shares in the last quarter. Natixis Advisors L.P. lifted its holdings in Mizuho Financial Group by 6.6% during the 3rd quarter. Natixis Advisors L.P. now owns 657,403 shares of the bank’s stock worth $2,255,000 after purchasing an additional 40,455 shares in the last quarter. Finally, Integrated Wealth Concepts LLC lifted its holdings in Mizuho Financial Group by 0.8% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 657,170 shares of the bank’s stock worth $2,254,000 after purchasing an additional 5,191 shares in the last quarter. Hedge funds and other institutional investors own 3.26% of the company’s stock.

Mizuho Financial Group Stock Up 0.5 %

Shares of NYSE MFG opened at $3.94 on Wednesday. The firm has a market capitalization of $50.01 billion, a P/E ratio of 10.94, a P/E/G ratio of 0.73 and a beta of 0.42. The stock’s 50-day simple moving average is $3.88 and its two-hundred day simple moving average is $3.61. Mizuho Financial Group, Inc. has a twelve month low of $2.81 and a twelve month high of $4.32.

Mizuho Financial Group (NYSE:MFG) last announced its 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 for the quarter. Mizuho Financial Group had a return on equity of 6.72% and a net margin of 8.48%. As a group, research analysts anticipate that Mizuho Financial Group, Inc. will post 0.36 EPS for the current fiscal year.

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.