Allspring Global Investments Holdings LLC Acquires 19,818 Shares of Mizuho Financial Group, Inc. (NYSE:MFG)

Allspring Global Investments Holdings LLC raised its position in shares of Mizuho Financial Group, Inc. (NYSE:MFG) by 28.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 89,213 shares of the bank’s stock after acquiring an additional 19,818 shares during the period. Allspring Global Investments Holdings LLC’s holdings in Mizuho Financial Group were worth $373,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of MFG. BNP Paribas Financial Markets raised its holdings in shares of Mizuho Financial Group by 499.3% during the 1st quarter. BNP Paribas Financial Markets now owns 29,083 shares of the bank’s stock worth $116,000 after acquiring an additional 24,230 shares in the last quarter. Callan Capital LLC raised its holdings in shares of Mizuho Financial Group by 316.9% during the 1st quarter. Callan Capital LLC now owns 86,779 shares of the bank’s stock worth $345,000 after acquiring an additional 65,963 shares in the last quarter. Catalina Capital Group LLC raised its holdings in shares of Mizuho Financial Group by 96.2% during the 1st quarter. Catalina Capital Group LLC now owns 34,952 shares of the bank’s stock worth $139,000 after acquiring an additional 17,136 shares in the last quarter. Envestnet Portfolio Solutions Inc. raised its holdings in shares of Mizuho Financial Group by 26.6% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 12,896 shares of the bank’s stock worth $51,000 after acquiring an additional 2,712 shares in the last quarter. Finally, SG Americas Securities LLC purchased a new stake in shares of Mizuho Financial Group during the 1st quarter worth approximately $63,000. 3.26% of the stock is owned by hedge funds and other institutional investors.

Mizuho Financial Group Stock Up 1.9 %

Shares of MFG opened at $4.31 on Friday. The stock has a market capitalization of $54.62 billion, a price-to-earnings ratio of 13.90, a price-to-earnings-growth ratio of 0.75 and a beta of 0.38. The business’s 50 day simple moving average is $4.14 and its 200-day simple moving average is $4.11. Mizuho Financial Group, Inc. has a 1 year low of $3.14 and a 1 year high of $4.63. The company has a debt-to-equity ratio of 1.22, a current ratio of 0.96 and a quick ratio of 0.96.

Mizuho Financial Group (NYSE:MFG) last issued its quarterly earnings results on Wednesday, July 31st. The bank reported $0.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.11 by $0.02. The company had revenue of $15.27 billion during the quarter. Mizuho Financial Group had a return on equity of 6.64% and a net margin of 6.38%. As a group, equities analysts expect that Mizuho Financial Group, Inc. will post 0.41 earnings per share for the current fiscal year.

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.