Bank of Montreal Can Raises Stake in Mizuho Financial Group, Inc. (NYSE:MFG)

Bank of Montreal Can raised its stake in shares of Mizuho Financial Group, Inc. (NYSE:MFG - Free Report) by 280.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 282,308 shares of the bank's stock after buying an additional 208,026 shares during the quarter. Bank of Montreal Can's holdings in Mizuho Financial Group were worth $1,380,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the company. Natixis Advisors LLC grew its stake in shares of Mizuho Financial Group by 2.2% during the 4th quarter. Natixis Advisors LLC now owns 3,430,732 shares of the bank's stock valued at $16,776,000 after acquiring an additional 74,822 shares during the period. Wells Fargo & Company MN boosted its stake in Mizuho Financial Group by 48.5% during the fourth quarter. Wells Fargo & Company MN now owns 3,038,291 shares of the bank's stock valued at $14,857,000 after buying an additional 992,900 shares during the last quarter. American Century Companies Inc. grew its holdings in shares of Mizuho Financial Group by 6.9% in the fourth quarter. American Century Companies Inc. now owns 2,750,315 shares of the bank's stock valued at $13,449,000 after purchasing an additional 178,489 shares in the last quarter. Envestnet Asset Management Inc. grew its position in Mizuho Financial Group by 33.4% in the fourth quarter. Envestnet Asset Management Inc. now owns 1,543,057 shares of the bank's stock worth $7,546,000 after acquiring an additional 386,742 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new position in shares of Mizuho Financial Group during the 4th quarter valued at approximately $5,951,000. Institutional investors own 3.26% of the company's stock.

Mizuho Financial Group Trading Up 0.6 %

Shares of MFG stock traded up $0.03 on Wednesday, reaching $4.90. 1,356,894 shares of the company's stock were exchanged, compared to its average volume of 2,400,617. The company has a current ratio of 0.97, a quick ratio of 0.96 and a debt-to-equity ratio of 1.39. The company's fifty day simple moving average is $5.37 and its 200 day simple moving average is $5.03. Mizuho Financial Group, Inc. has a 52 week low of $3.45 and a 52 week high of $6.08. The stock has a market capitalization of $61.72 billion, a PE ratio of 12.25, a P/E/G ratio of 0.76 and a beta of 0.33.

Mizuho Financial Group (NYSE:MFG - Get Free Report) last posted its quarterly earnings results on Monday, February 3rd. The bank reported $0.15 earnings per share for the quarter, beating 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 forecast 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.