Mizuho Financial Group, Inc. (NYSE:MFG) Holdings Lifted by JPMorgan Chase & Co.

JPMorgan Chase & Co. increased its position in Mizuho Financial Group, Inc. (NYSE:MFG - Free Report) by 79.6% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 343,786 shares of the bank's stock after purchasing an additional 152,352 shares during the period. JPMorgan Chase & Co.'s holdings in Mizuho Financial Group were worth $1,681,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Raymond James Financial Inc. acquired a new position in shares of Mizuho Financial Group in the 4th quarter worth approximately $5,951,000. Zions Bancorporation N.A. lifted its stake in Mizuho Financial Group by 158.5% during the fourth quarter. Zions Bancorporation N.A. now owns 406,459 shares of the bank's stock worth $1,988,000 after purchasing an additional 249,207 shares during the last quarter. ABC Arbitrage SA acquired a new position in Mizuho Financial Group in the fourth quarter worth $909,000. Callan Family Office LLC bought a new stake in Mizuho Financial Group during the fourth quarter valued at $882,000. Finally, American Century Companies Inc. raised its holdings in shares of Mizuho Financial Group by 6.9% during the fourth quarter. American Century Companies Inc. now owns 2,750,315 shares of the bank's stock worth $13,449,000 after purchasing an additional 178,489 shares during the period. 3.26% of the stock is owned by institutional investors.

Mizuho Financial Group Stock Performance

Shares of Mizuho Financial Group stock traded up $0.04 during trading hours on Tuesday, reaching $5.11. The company's stock had a trading volume of 2,594,866 shares, compared to its average volume of 1,710,284. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.96 and a current ratio of 0.97. Mizuho Financial Group, Inc. has a one year low of $3.45 and a one year high of $6.08. The company's 50 day simple moving average is $5.31 and its 200 day simple moving average is $5.06. The stock has a market cap of $64.37 billion, a P/E ratio of 12.78, 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 earnings results on Monday, February 3rd. The bank reported $0.15 EPS for the quarter, beating the consensus estimate of $0.10 by $0.05. Mizuho Financial Group had a return on equity of 8.56% and a net margin of 7.85%. As a group, analysts expect that Mizuho Financial Group, Inc. will post 0.42 EPS 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.