Merit Financial Group LLC Acquires New Holdings in Mizuho Financial Group, Inc. (NYSE:MFG)

Merit Financial Group LLC bought a new position in shares of Mizuho Financial Group, Inc. (NYSE:MFG) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 36,062 shares of the bank’s stock, valued at approximately $176,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in MFG. Wilmington Savings Fund Society FSB acquired a new position in shares of Mizuho Financial Group during the third quarter worth $25,000. TD Private Client Wealth LLC boosted its holdings in Mizuho Financial Group by 683.9% in the third quarter. TD Private Client Wealth LLC now owns 8,419 shares of the bank’s stock valued at $35,000 after acquiring an additional 7,345 shares during the last quarter. Dakota Wealth Management acquired a new stake in Mizuho Financial Group during the 3rd quarter valued at approximately $42,000. ERn Financial LLC acquired a new stake in Mizuho Financial Group during the 3rd quarter valued at approximately $46,000. Finally, Kathmere Capital Management LLC acquired a new position in Mizuho Financial Group in the second quarter valued at $47,000. 3.26% of the stock is currently owned by institutional investors and hedge funds.

Mizuho Financial Group Trading Up 0.5 %

NYSE MFG opened at $5.16 on Monday. The stock has a market capitalization of $65.33 billion, a P/E ratio of 13.93, a P/E/G ratio of 0.90 and a beta of 0.45. The business has a 50 day simple moving average of $5.00 and a 200 day simple moving average of $4.49. The company has a debt-to-equity ratio of 1.15, a current ratio of 0.96 and a quick ratio of 0.96. Mizuho Financial Group, Inc. has a one year low of $3.45 and a one year high of $5.31.

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.