Mizuho Financial Group, Inc. $MFG Position Raised by Rockefeller Capital Management L.P.

Rockefeller Capital Management L.P. boosted its position in Mizuho Financial Group, Inc. (NYSE:MFG) by 565.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 74,884 shares of the bank’s stock after purchasing an additional 63,624 shares during the period. Rockefeller Capital Management L.P.’s holdings in Mizuho Financial Group were worth $548,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Natixis Advisors LLC increased its position in shares of Mizuho Financial Group by 590.7% during the 4th quarter. Natixis Advisors LLC now owns 16,560,891 shares of the bank’s stock valued at $121,226,000 after purchasing an additional 14,163,328 shares during the period. CIBC Bancorp USA Inc. acquired a new stake in shares of Mizuho Financial Group in the third quarter valued at $52,058,000. Morgan Stanley lifted its holdings in shares of Mizuho Financial Group by 5.7% in the fourth quarter. Morgan Stanley now owns 59,084,500 shares of the bank’s stock valued at $432,499,000 after buying an additional 3,166,984 shares during the period. Goldman Sachs Group Inc. boosted its stake in Mizuho Financial Group by 11.8% during the fourth quarter. Goldman Sachs Group Inc. now owns 16,266,878 shares of the bank’s stock valued at $119,074,000 after buying an additional 1,716,932 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA bought a new position in Mizuho Financial Group during the fourth quarter valued at about $11,335,000. 3.26% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

Mizuho Financial Group Price Performance

MFG 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 firm has a market cap of $122.95 billion, a PE ratio of 13.10, a P/E/G ratio of 0.62 and a beta of 0.46. The firm has a 50 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.