HighTower Advisors LLC Boosts Stock Holdings in Mizuho Financial Group, Inc. (NYSE:MFG)

HighTower Advisors LLC boosted its stake in Mizuho Financial Group, Inc. (NYSE:MFG) by 10.5% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 258,729 shares of the bank’s stock after purchasing an additional 24,548 shares during the quarter. HighTower Advisors LLC’s holdings in Mizuho Financial Group were worth $1,074,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Dakota Wealth Management purchased a new position in shares of Mizuho Financial Group in the third quarter valued at $42,000. Brighton Jones LLC bought a new stake in shares of Mizuho Financial Group in the 2nd quarter worth about $43,000. Riversedge Advisors LLC purchased a new stake in shares of Mizuho Financial Group during the 2nd quarter valued at about $46,000. ERn Financial LLC bought a new position in shares of Mizuho Financial Group in the 3rd quarter valued at about $46,000. Finally, Kathmere Capital Management LLC bought a new position in shares of Mizuho Financial Group in the 2nd quarter valued at about $47,000. Hedge funds and other institutional investors own 3.26% of the company’s stock.

Mizuho Financial Group Trading Down 1.0 %

MFG opened at $4.93 on Wednesday. The firm has a market cap of $62.48 billion, a P/E ratio of 13.32, a P/E/G ratio of 0.90 and a beta of 0.44. Mizuho Financial Group, Inc. has a 12 month low of $3.27 and a 12 month high of $5.31. The stock has a 50-day moving average of $4.63 and a 200 day moving average of $4.31. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 1.15.

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.