Natixis Advisors LLC Has $16.78 Million Holdings in Mizuho Financial Group, Inc. (NYSE:MFG)

Natixis Advisors LLC lifted its holdings in Mizuho Financial Group, Inc. (NYSE:MFG) by 2.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,430,732 shares of the bank’s stock after acquiring an additional 74,822 shares during the quarter. Natixis Advisors LLC’s holdings in Mizuho Financial Group were worth $16,776,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. Wilmington Savings Fund Society FSB bought a new position in Mizuho Financial Group in the 3rd quarter worth approximately $25,000. Spire Wealth Management raised its position in Mizuho Financial Group by 377.8% in the 4th quarter. Spire Wealth Management now owns 5,504 shares of the bank’s stock worth $27,000 after purchasing an additional 4,352 shares during the last quarter. TD Private Client Wealth LLC raised its position in Mizuho Financial Group by 683.9% in the 3rd quarter. TD Private Client Wealth LLC now owns 8,419 shares of the bank’s stock worth $35,000 after purchasing an additional 7,345 shares during the last quarter. CogentBlue Wealth Advisors LLC bought a new position in Mizuho Financial Group in the 4th quarter worth approximately $50,000. Finally, Sierra Ocean LLC bought a new position in Mizuho Financial Group in the 4th quarter worth approximately $55,000. 3.26% of the stock is owned by institutional investors and hedge funds.

Mizuho Financial Group Stock Performance

MFG stock opened at $5.84 on Wednesday. The company has a debt-to-equity ratio of 1.39, a current ratio of 0.97 and a quick ratio of 0.96. The company has a 50 day moving average price of $5.47 and a 200 day moving average price of $4.85. Mizuho Financial Group, Inc. has a fifty-two week low of $3.45 and a fifty-two week high of $5.91. The stock has a market capitalization of $73.94 billion, a PE ratio of 14.59, a price-to-earnings-growth ratio of 0.76 and a beta of 0.39.

Mizuho Financial Group (NYSE:MFG) last posted its quarterly earnings data on Monday, February 3rd. The bank reported $0.15 earnings per share for the quarter, topping the consensus estimate of $0.10 by $0.05. Mizuho Financial Group had a net margin of 7.85% and a return on equity of 8.56%. Analysts forecast that Mizuho Financial Group, Inc. will post 0.42 EPS for the current 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.