American Century Companies Inc. Grows Position in Mizuho Financial Group, Inc. (NYSE:MFG)

American Century Companies Inc. grew its holdings in Mizuho Financial Group, Inc. (NYSE:MFG - Free Report) by 6.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,750,315 shares of the bank's stock after acquiring an additional 178,489 shares during the quarter. American Century Companies Inc.'s holdings in Mizuho Financial Group were worth $13,449,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in MFG. FMR LLC raised its position in Mizuho Financial Group by 31.0% during the 3rd quarter. FMR LLC now owns 17,622,960 shares of the bank's stock worth $73,664,000 after purchasing an additional 4,167,234 shares during the last quarter. Raymond James Financial Inc. purchased a new position in Mizuho Financial Group during the fourth quarter worth about $5,951,000. Point72 Asset Management L.P. increased its position in shares of Mizuho Financial Group by 2,151.3% during the 3rd quarter. Point72 Asset Management L.P. now owns 570,800 shares of the bank's stock valued at $2,386,000 after purchasing an additional 545,446 shares during the last quarter. Orion Portfolio Solutions LLC raised its position in Mizuho Financial Group by 473.0% in the third quarter. Orion Portfolio Solutions LLC now owns 421,624 shares of the bank's stock worth $1,762,000 after acquiring an additional 348,046 shares during the period. Finally, Sanctuary Advisors LLC lifted its stake in Mizuho Financial Group by 1,077.4% in the third quarter. Sanctuary Advisors LLC now owns 278,847 shares of the bank's stock valued at $1,166,000 after purchasing an additional 255,164 shares during the last quarter. Institutional investors and hedge funds own 3.26% of the company's stock.

Mizuho Financial Group Stock Performance

MFG traded down $0.72 on Friday, hitting $4.25. The company's stock had a trading volume of 8,862,184 shares, compared to its average volume of 1,404,501. Mizuho Financial Group, Inc. has a 12 month low of $3.45 and a 12 month high of $6.08. The company's 50 day simple moving average is $5.61 and its 200-day simple moving average is $4.99. The company has a quick ratio of 0.96, a current ratio of 0.97 and a debt-to-equity ratio of 1.39. The firm has a market cap of $53.79 billion, a P/E ratio of 10.61, a price-to-earnings-growth ratio of 0.76 and a beta of 0.33.

Mizuho Financial Group (NYSE:MFG - Get Free Report) last posted its quarterly earnings data on Monday, February 3rd. The bank reported $0.15 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.10 by $0.05. Mizuho Financial Group had a net margin of 7.85% and a return on equity of 8.56%. Analysts forecast that Mizuho Financial Group, Inc. will post 0.42 EPS for the current year.

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.