Summit Trail Advisors LLC Purchases Shares of 10,410 Mizuho Financial Group, Inc. (NYSE:MFG)

Summit Trail Advisors LLC acquired a new position in Mizuho Financial Group, Inc. (NYSE:MFG) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 10,410 shares of the bank’s stock, valued at approximately $36,000.

Several other large investors have also made changes to their positions in MFG. Addison Advisors LLC lifted its holdings in shares of Mizuho Financial Group by 17.8% during the third quarter. Addison Advisors LLC now owns 35,097 shares of the bank’s stock worth $120,000 after buying an additional 5,295 shares during the last quarter. Ballentine Partners LLC raised its stake in Mizuho Financial Group by 21.7% during the 4th quarter. Ballentine Partners LLC now owns 80,179 shares of the bank’s stock valued at $276,000 after purchasing an additional 14,300 shares during the last quarter. Mariner LLC boosted its holdings in Mizuho Financial Group by 20.6% in the 3rd quarter. Mariner LLC now owns 828,705 shares of the bank’s stock valued at $2,842,000 after purchasing an additional 141,362 shares during the period. FMR LLC grew its position in Mizuho Financial Group by 11.7% in the 3rd quarter. FMR LLC now owns 11,516,942 shares of the bank’s stock worth $39,503,000 after purchasing an additional 1,206,471 shares during the last quarter. Finally, Ingalls & Snyder LLC increased its holdings in shares of Mizuho Financial Group by 100.0% during the 4th quarter. Ingalls & Snyder LLC now owns 20,000 shares of the bank’s stock worth $69,000 after purchasing an additional 10,000 shares during the period. Institutional investors and hedge funds own 3.26% of the company’s stock.

Mizuho Financial Group Stock Performance

Shares of MFG opened at $3.94 on Friday. Mizuho Financial Group, Inc. has a 52 week low of $2.86 and a 52 week high of $4.32. The firm has a market capitalization of $50.01 billion, a P/E ratio of 10.94, a P/E/G ratio of 0.75 and a beta of 0.43. The company has a 50-day simple moving average of $3.93 and a 200-day simple moving average of $3.64.

Mizuho Financial Group 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.