Laird Norton Wetherby Wealth Management LLC trimmed its position in Mizuho Financial Group, Inc. (NYSE:MFG – Free Report) by 10.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 207,304 shares of the bank’s stock after selling 23,460 shares during the quarter. Laird Norton Wetherby Wealth Management LLC’s holdings in Mizuho Financial Group were worth $1,014,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bank of America Corp DE grew its holdings in Mizuho Financial Group by 18.0% in the 4th quarter. Bank of America Corp DE now owns 16,121,663 shares of the bank’s stock valued at $78,835,000 after buying an additional 2,454,233 shares in the last quarter. Northern Trust Corp grew its holdings in shares of Mizuho Financial Group by 86.1% during the 4th quarter. Northern Trust Corp now owns 9,743,983 shares of the bank’s stock worth $47,648,000 after purchasing an additional 4,508,649 shares in the last quarter. Natixis Advisors LLC grew its holdings in shares of 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 purchasing an additional 74,822 shares in the last quarter. Wells Fargo & Company MN grew its holdings in shares of 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 purchasing an additional 992,900 shares in the last quarter. Finally, Renaissance Technologies LLC grew its holdings in shares of 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 purchasing an additional 427,400 shares in the last quarter. 3.26% of the stock is owned by institutional investors and hedge funds.
Mizuho Financial Group Stock Performance
MFG opened at $5.16 on Wednesday. The firm has a market cap of $65.00 billion, a P/E ratio of 12.90, a price-to-earnings-growth ratio of 0.76 and a beta of 0.38. Mizuho Financial Group, Inc. has a 52-week low of $3.45 and a 52-week high of $6.08. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.96 and a current ratio of 0.97. The business’s fifty day moving average is $5.16 and its 200-day moving average is $5.12.
About Mizuho Financial Group
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.
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