Charles Schwab Investment Management Inc. boosted its position in shares of Mizuho Financial Group, Inc. (NYSE:MFG - Free Report) by 20.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 952,107 shares of the bank's stock after acquiring an additional 158,478 shares during the quarter. Charles Schwab Investment Management Inc.'s holdings in Mizuho Financial Group were worth $4,656,000 at the end of the most recent quarter.
Several other institutional investors also recently bought and sold shares of the company. Schechter Investment Advisors LLC boosted its stake in shares of Mizuho Financial Group by 13.4% in the fourth quarter. Schechter Investment Advisors LLC now owns 201,022 shares of the bank's stock valued at $983,000 after purchasing an additional 23,790 shares during the period. Smartleaf Asset Management LLC boosted its position in Mizuho Financial Group by 69.7% in the 4th quarter. Smartleaf Asset Management LLC now owns 102,468 shares of the bank's stock valued at $504,000 after buying an additional 42,082 shares during the period. US Bancorp DE grew its stake in shares of Mizuho Financial Group by 23.2% in the fourth quarter. US Bancorp DE now owns 716,319 shares of the bank's stock worth $3,503,000 after acquiring an additional 134,674 shares in the last quarter. SVB Wealth LLC purchased a new stake in shares of Mizuho Financial Group during the fourth quarter worth $139,000. Finally, Lake Street Advisors Group LLC raised its stake in shares of Mizuho Financial Group by 4.4% in the fourth quarter. Lake Street Advisors Group LLC now owns 52,243 shares of the bank's stock valued at $255,000 after acquiring an additional 2,210 shares in the last quarter. 3.26% of the stock is owned by institutional investors and hedge funds.
Mizuho Financial Group Stock Down 3.5 %
MFG traded down $0.21 on Friday, hitting $5.68. 1,463,008 shares of the company were exchanged, compared to its average volume of 1,352,377. The firm has a 50-day moving average price of $5.61 and a two-hundred day moving average price of $4.95. The company has a current ratio of 0.97, a quick ratio of 0.96 and a debt-to-equity ratio of 1.39. Mizuho Financial Group, Inc. has a twelve month low of $3.45 and a twelve month high of $6.08. The company has a market cap of $71.92 billion, a price-to-earnings ratio of 14.19, a price-to-earnings-growth ratio of 0.76 and a beta of 0.39.
Mizuho Financial Group (NYSE:MFG - Get Free Report) last announced its quarterly earnings data on Monday, February 3rd. The bank reported $0.15 EPS for the quarter, topping analysts' consensus estimates of $0.10 by $0.05. Mizuho Financial Group had a return on equity of 8.56% and a net margin of 7.85%. On average, equities analysts predict that Mizuho Financial Group, Inc. will post 0.42 earnings per share for the current year.
Mizuho Financial Group Profile
(
Free Report)
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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