Rockefeller Capital Management L.P. Has $548,000 Stock Holdings in Mizuho Financial Group, Inc. $MFG

Rockefeller Capital Management L.P. grew its stake in shares of Mizuho Financial Group, Inc. (NYSE:MFG) by 565.0% in the 4th quarter, HoldingsChannel reports. The firm owned 74,884 shares of the bank’s stock after acquiring an additional 63,624 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in Mizuho Financial Group were worth $548,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Brighton Jones LLC raised its holdings in Mizuho Financial Group by 19.3% during the 4th quarter. Brighton Jones LLC now owns 12,343 shares of the bank’s stock worth $60,000 after buying an additional 1,998 shares during the period. AQR Capital Management LLC boosted its holdings in shares of Mizuho Financial Group by 29.3% in the first quarter. AQR Capital Management LLC now owns 392,998 shares of the bank’s stock worth $2,165,000 after buying an additional 89,095 shares during the period. Goldman Sachs Group Inc. increased its position in shares of Mizuho Financial Group by 0.4% in the first quarter. Goldman Sachs Group Inc. now owns 14,508,417 shares of the bank’s stock worth $79,941,000 after acquiring an additional 57,806 shares in the last quarter. Focus Partners Wealth increased its position in shares of Mizuho Financial Group by 129.0% in the first quarter. Focus Partners Wealth now owns 51,966 shares of the bank’s stock worth $286,000 after acquiring an additional 29,273 shares in the last quarter. Finally, Acadian Asset Management LLC increased its position in shares of Mizuho Financial Group by 89.6% in the first quarter. Acadian Asset Management LLC now owns 13,663 shares of the bank’s stock worth $74,000 after acquiring an additional 6,455 shares in the last quarter. Institutional investors and hedge funds own 3.26% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “buy (b+)” rating on shares of Mizuho Financial Group in a research report on Friday, May 1st. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, Mizuho Financial Group has a consensus rating of “Moderate Buy”.

Mizuho Financial Group Stock Up 0.2%

Shares of Mizuho Financial Group stock opened at $9.96 on Friday. Mizuho Financial Group, Inc. has a 12 month low of $5.39 and a 12 month high of $10.39. The stock has a market cap of $122.95 billion, a PE ratio of 13.10, a price-to-earnings-growth ratio of 0.62 and a beta of 0.46. The business has a fifty day simple moving average of $9.24 and a 200-day simple moving average of $8.64.

Mizuho Financial Group Profile

Mizuho Financial Group, Inc is a major Japanese banking and financial services holding company headquartered in Tokyo. The group operates through a network of subsidiaries that provide a full range of retail, corporate and investment banking services. Its core businesses include deposit-taking and lending, transaction banking, cash management, trade finance and treasury services for both individual and institutional clients.

Beyond traditional commercial banking, Mizuho offers securities and capital markets services, investment banking, underwriting, M&A advisory, and asset management through its securities and trust banking arms.