Axxcess Wealth Management LLC Buys Shares of 22,800 Mizuho Financial Group, Inc. (NYSE:MFG)

Axxcess Wealth Management LLC bought a new position in shares of Mizuho Financial Group, Inc. (NYSE:MFG) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 22,800 shares of the bank’s stock, valued at approximately $95,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Atria Investments Inc lifted its position in shares of Mizuho Financial Group by 24.5% in the third quarter. Atria Investments Inc now owns 73,673 shares of the bank’s stock valued at $308,000 after acquiring an additional 14,500 shares in the last quarter. Verdence Capital Advisors LLC acquired a new position in Mizuho Financial Group in the 3rd quarter valued at about $862,000. Marks Group Wealth Management Inc purchased a new position in Mizuho Financial Group in the 3rd quarter valued at about $136,000. US Bancorp DE boosted its stake in shares of Mizuho Financial Group by 18.5% during the 3rd quarter. US Bancorp DE now owns 581,645 shares of the bank’s stock worth $2,431,000 after purchasing an additional 91,003 shares during the last quarter. Finally, First Trust Direct Indexing L.P. raised its position in shares of Mizuho Financial Group by 1.3% in the third quarter. First Trust Direct Indexing L.P. now owns 421,587 shares of the bank’s stock valued at $1,762,000 after buying an additional 5,503 shares during the last quarter. Hedge funds and other institutional investors own 3.26% of the company’s stock.

Mizuho Financial Group Stock Performance

Shares of MFG opened at $4.88 on Friday. The company has a market capitalization of $61.84 billion, a price-to-earnings ratio of 15.74, a PEG ratio of 0.80 and a beta of 0.38. The company has a debt-to-equity ratio of 1.22, a quick ratio of 0.96 and a current ratio of 0.96. Mizuho Financial Group, Inc. has a 1 year low of $3.27 and a 1 year high of $4.89. The company’s 50 day simple moving average is $4.20 and its 200 day simple moving average is $4.14.

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.