Laird Norton Wetherby Wealth Management LLC Has $1.01 Million Stock Position in Mizuho Financial Group, Inc. (NYSE:MFG)

Laird Norton Wetherby Wealth Management LLC reduced its stake in shares of Mizuho Financial Group, Inc. (NYSE:MFG) by 10.2% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 207,304 shares of the bank’s stock after selling 23,460 shares during the quarter. Laird Norton Wetherby Wealth Management LLC’s holdings in Mizuho Financial Group were worth $1,014,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of MFG. Northern Trust Corp boosted its stake in Mizuho Financial Group by 86.1% in the fourth quarter. Northern Trust Corp now owns 9,743,983 shares of the bank’s stock valued at $47,648,000 after buying an additional 4,508,649 shares in the last quarter. Bank of America Corp DE boosted its stake in Mizuho Financial Group by 18.0% in the fourth quarter. Bank of America Corp DE now owns 16,121,663 shares of the bank’s stock valued at $78,835,000 after buying an additional 2,454,233 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in Mizuho Financial Group in the fourth quarter valued at about $5,951,000. Wells Fargo & Company MN boosted its stake in Mizuho Financial Group by 48.5% in the fourth quarter. Wells Fargo & Company MN now owns 3,038,291 shares of the bank’s stock valued at $14,857,000 after buying an additional 992,900 shares in the last quarter. Finally, Renaissance Technologies LLC boosted its stake in Mizuho Financial Group by 16.5% in the fourth quarter. Renaissance Technologies LLC now owns 3,020,703 shares of the bank’s stock valued at $14,771,000 after buying an additional 427,400 shares in the last quarter. 3.26% of the stock is owned by institutional investors and hedge funds.

Mizuho Financial Group Stock Performance

NYSE:MFG opened at $5.16 on Wednesday. The stock’s 50-day simple moving average is $5.16 and its 200 day simple moving average is $5.12. The firm has a market capitalization of $65.00 billion, a PE ratio of 12.90, a price-to-earnings-growth ratio of 0.76 and a beta of 0.38. The company has a quick ratio of 0.96, a current ratio of 0.97 and a debt-to-equity ratio of 1.39. Mizuho Financial Group, Inc. has a twelve month low of $3.45 and a twelve month high of $6.08.

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.