Mizuho Financial Group, Inc. (NYSE:MFG) Stock Position Increased by First Trust Direct Indexing L.P.

First Trust Direct Indexing L.P. grew its stake in shares of Mizuho Financial Group, Inc. (NYSE:MFG) by 3.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 390,402 shares of the bank’s stock after buying an additional 11,632 shares during the quarter. First Trust Direct Indexing L.P.’s holdings in Mizuho Financial Group were worth $1,343,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Xponance Inc. acquired a new position in shares of Mizuho Financial Group in the 3rd quarter worth approximately $65,000. Raymond James & Associates boosted its holdings in shares of Mizuho Financial Group by 2.9% during the third quarter. Raymond James & Associates now owns 144,239 shares of the bank’s stock worth $495,000 after purchasing an additional 4,132 shares during the period. Bank of New York Mellon Corp boosted its holdings in shares of Mizuho Financial Group by 4.2% during the third quarter. Bank of New York Mellon Corp now owns 430,831 shares of the bank’s stock worth $1,478,000 after purchasing an additional 17,406 shares during the period. Waldron Private Wealth LLC acquired a new stake in shares of Mizuho Financial Group during the third quarter worth approximately $40,000. Finally, Advisor Partners II LLC lifted its stake in Mizuho Financial Group by 57.4% in the third quarter. Advisor Partners II LLC now owns 475,714 shares of the bank’s stock valued at $1,632,000 after acquiring an additional 173,420 shares during the last quarter. 3.26% of the stock is currently owned by institutional investors.

Mizuho Financial Group Trading Up 0.5 %

NYSE MFG opened at $3.93 on Friday. The company has a 50 day moving average price of $3.91 and a two-hundred day moving average price of $3.63. Mizuho Financial Group, Inc. has a 12-month low of $2.81 and a 12-month high of $4.32.

Mizuho Financial Group (NYSE:MFG) last posted its earnings results on Friday, February 2nd. The bank reported $0.11 earnings per share (EPS) for the quarter. The firm had revenue of $12.97 billion during the quarter. Mizuho Financial Group had a net margin of 8.48% and a return on equity of 6.72%. As a group, analysts anticipate that Mizuho Financial Group, Inc. will post 0.36 EPS for the current fiscal year.

Mizuho Financial Group Company 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.