Vise Technologies Inc. Buys 97,469 Shares of Mizuho Financial Group, Inc. $MFG

Vise Technologies Inc. increased its position in shares of Mizuho Financial Group, Inc. (NYSE:MFG) by 26.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 470,426 shares of the bank’s stock after purchasing an additional 97,469 shares during the period. Vise Technologies Inc.’s holdings in Mizuho Financial Group were worth $5,198,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Aprio Wealth Management LLC boosted its stake in Mizuho Financial Group by 11.1% during the 3rd quarter. Aprio Wealth Management LLC now owns 50,387 shares of the bank’s stock valued at $557,000 after purchasing an additional 5,048 shares in the last quarter. Soltis Investment Advisors LLC bought a new stake in shares of Mizuho Financial Group in the 3rd quarter worth $138,000. Choreo LLC raised its stake in shares of Mizuho Financial Group by 2.2% in the 3rd quarter. Choreo LLC now owns 219,620 shares of the bank’s stock worth $2,427,000 after buying an additional 4,750 shares in the last quarter. Park Avenue Securities LLC raised its stake in shares of Mizuho Financial Group by 8.2% in the 3rd quarter. Park Avenue Securities LLC now owns 134,587 shares of the bank’s stock worth $1,487,000 after buying an additional 10,164 shares in the last quarter. Finally, Apollon Wealth Management LLC raised its stake in shares of Mizuho Financial Group by 13.5% in the 3rd quarter. Apollon Wealth Management LLC now owns 57,321 shares of the bank’s stock worth $633,000 after buying an additional 6,822 shares in the last quarter. 3.26% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings cut shares of Mizuho Financial Group from a “buy (a)” rating to a “buy (b+)” rating in a research report on Friday, October 23rd. One equities research analyst has rated the stock with a Buy rating. According to data from MarketBeat, Mizuho Financial Group currently has a consensus rating of “Buy”.

Mizuho Financial Group Stock Performance

Shares of MFG stock opened at $9.54 on Wednesday. Mizuho Financial Group, Inc. has a 1-year low of $6.45 and a 1-year high of $11.49. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 1.53. The company has a market capitalization of $117.89 billion, a price-to-earnings ratio of 11.64, a P/E/G ratio of 0.62 and a beta of 0.57. The stock’s fifty day simple moving average is $10.58 and its 200-day simple moving average is $9.55.

Mizuho Financial Group Profile

Mizuho Financial Group, Inc is a Japan-based financial services holding company headquartered in Tokyo. Through its subsidiaries, the group provides banking, trust banking, securities, asset management, and other financial services to individuals, businesses, financial institutions, and public-sector organizations.

Its principal businesses include deposits and lending, payments and settlement services, foreign exchange, investment banking, securities brokerage and underwriting, trust and asset management, wealth management, and corporate advisory services.