Forum Financial Management LP Has $1.78 Million Position in Mizuho Financial Group, Inc. (NYSE:MFG)

Forum Financial Management LP raised its position in Mizuho Financial Group, Inc. (NYSE:MFG - Free Report) by 33.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 364,094 shares of the bank's stock after purchasing an additional 90,960 shares during the quarter. Forum Financial Management LP's holdings in Mizuho Financial Group were worth $1,780,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the company. Wilmington Savings Fund Society FSB bought a new position in Mizuho Financial Group during the third quarter valued at about $25,000. Spire Wealth Management increased its stake in Mizuho Financial Group by 377.8% during the fourth quarter. Spire Wealth Management now owns 5,504 shares of the bank's stock valued at $27,000 after acquiring an additional 4,352 shares during the period. Bessemer Group Inc. lifted its position in Mizuho Financial Group by 51.5% in the fourth quarter. Bessemer Group Inc. now owns 6,430 shares of the bank's stock worth $31,000 after purchasing an additional 2,187 shares during the period. CogentBlue Wealth Advisors LLC bought a new stake in Mizuho Financial Group in the fourth quarter valued at about $50,000. Finally, Seeds Investor LLC bought a new position in shares of Mizuho Financial Group during the fourth quarter valued at $52,000. Institutional investors own 3.26% of the company's stock.

Mizuho Financial Group Trading Up 3.5 %

Shares of Mizuho Financial Group stock opened at $4.84 on Friday. Mizuho Financial Group, Inc. has a 12-month low of $3.45 and a 12-month high of $6.08. The stock has a market capitalization of $60.90 billion, a P/E ratio of 12.09, a price-to-earnings-growth ratio of 0.76 and a beta of 0.33. The company has a 50-day simple moving average of $5.40 and a 200 day simple moving average of $5.02. 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 (NYSE:MFG - Get Free Report) last posted its quarterly earnings data on Monday, February 3rd. The bank reported $0.15 earnings per share 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%. Research analysts expect that Mizuho Financial Group, Inc. will post 0.42 earnings per share for the current fiscal year.

About Mizuho Financial Group

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.

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