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

American Century Companies Inc. raised its stake in Mizuho Financial Group, Inc. (NYSE:MFG - Free Report) by 6.9% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 2,750,315 shares of the bank's stock after purchasing an additional 178,489 shares during the quarter. American Century Companies Inc.'s holdings in Mizuho Financial Group were worth $13,449,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. Spire Wealth Management increased its holdings in shares of Mizuho Financial Group by 377.8% in the 4th quarter. Spire Wealth Management now owns 5,504 shares of the bank's stock worth $27,000 after purchasing an additional 4,352 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new stake in Mizuho Financial Group during the 3rd quarter worth approximately $25,000. TD Private Client Wealth LLC lifted its stake in shares of Mizuho Financial Group by 683.9% during the 3rd quarter. TD Private Client Wealth LLC now owns 8,419 shares of the bank's stock valued at $35,000 after buying an additional 7,345 shares in the last quarter. CogentBlue Wealth Advisors LLC bought a new position in shares of Mizuho Financial Group in the fourth quarter worth about $50,000. Finally, Sierra Ocean LLC purchased a new position in Mizuho Financial Group during the fourth quarter valued at $55,000. 3.26% of the stock is currently owned by hedge funds and other institutional investors.

Mizuho Financial Group Price Performance

NYSE MFG traded down $0.50 during trading on Thursday, hitting $4.95. 4,009,915 shares of the stock traded hands, compared to its average volume of 1,367,888. The company has a market capitalization of $62.67 billion, a P/E ratio of 12.36, a price-to-earnings-growth ratio of 0.76 and a beta of 0.39. The firm has a 50-day simple moving average of $5.63 and a 200-day simple moving average of $4.98. The company has a quick ratio of 0.96, a current ratio of 0.97 and a debt-to-equity ratio of 1.39. Mizuho Financial Group, Inc. has a 12-month low of $3.45 and a 12-month high of $6.08.

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

Mizuho Financial Group Company 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.