Mizuho Financial Group, Inc. (NYSE:MFG) Shares Purchased by Northern Trust Corp

Northern Trust Corp lifted its stake in shares of Mizuho Financial Group, Inc. (NYSE:MFG - Free Report) by 86.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 9,743,983 shares of the bank's stock after buying an additional 4,508,649 shares during the quarter. Northern Trust Corp owned about 0.08% of Mizuho Financial Group worth $47,648,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Natixis Advisors LLC lifted its position in Mizuho Financial Group by 2.2% during the 4th quarter. Natixis Advisors LLC now owns 3,430,732 shares of the bank's stock worth $16,776,000 after acquiring an additional 74,822 shares during the period. Wells Fargo & Company MN lifted its position in Mizuho Financial Group by 48.5% during the 4th quarter. Wells Fargo & Company MN now owns 3,038,291 shares of the bank's stock worth $14,857,000 after acquiring an additional 992,900 shares during the period. Renaissance Technologies LLC raised its position in Mizuho Financial Group by 16.5% during the 4th quarter. Renaissance Technologies LLC now owns 3,020,703 shares of the bank's stock worth $14,771,000 after buying an additional 427,400 shares during the last quarter. American Century Companies Inc. raised its position in Mizuho Financial Group by 6.9% during the 4th quarter. American Century Companies Inc. now owns 2,750,315 shares of the bank's stock worth $13,449,000 after buying an additional 178,489 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its position in Mizuho Financial Group by 33.4% during the 4th quarter. Envestnet Asset Management Inc. now owns 1,543,057 shares of the bank's stock worth $7,546,000 after buying an additional 386,742 shares during the last quarter. Hedge funds and other institutional investors own 3.26% of the company's stock.

Mizuho Financial Group Stock Performance

Mizuho Financial Group stock traded up $0.08 during trading hours on Wednesday, reaching $5.25. 922,539 shares of the stock were exchanged, compared to its average volume of 1,826,800. The stock has a market cap of $66.07 billion, a P/E ratio of 13.11, a P/E/G ratio of 0.76 and a beta of 0.38. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.96 and a current ratio of 0.97. Mizuho Financial Group, Inc. has a 52-week low of $3.45 and a 52-week high of $6.08. The firm's 50 day moving average is $5.16 and its 200 day moving average is $5.12.

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.