Mizuho Financial Group, Inc. (NYSE:MFG) Shares Acquired by Avantax Advisory Services Inc.

Avantax Advisory Services Inc. boosted its position in Mizuho Financial Group, Inc. (NYSE:MFG - Free Report) by 49.8% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 129,847 shares of the bank's stock after acquiring an additional 43,147 shares during the period. Avantax Advisory Services Inc.'s holdings in Mizuho Financial Group were worth $635,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. FMR LLC lifted its holdings in shares of Mizuho Financial Group by 31.0% during the 3rd quarter. FMR LLC now owns 17,622,960 shares of the bank's stock worth $73,664,000 after acquiring an additional 4,167,234 shares during the period. Raymond James Financial Inc. acquired a new position in Mizuho Financial Group during the fourth quarter worth approximately $5,951,000. Charles Schwab Investment Management Inc. raised its stake in Mizuho Financial Group by 20.0% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 952,107 shares of the bank's stock worth $4,656,000 after purchasing an additional 158,478 shares during the period. Bank of New York Mellon Corp boosted its holdings in shares of Mizuho Financial Group by 21.0% in the 4th quarter. Bank of New York Mellon Corp now owns 831,018 shares of the bank's stock valued at $4,064,000 after purchasing an additional 144,353 shares during the last quarter. Finally, Crossmark Global Holdings Inc. grew its stake in shares of Mizuho Financial Group by 1.3% during the 4th quarter. Crossmark Global Holdings Inc. now owns 734,905 shares of the bank's stock valued at $3,593,000 after buying an additional 9,528 shares during the period. 3.26% of the stock is currently owned by institutional investors and hedge funds.

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Mizuho Financial Group Trading Down 0.8 %

Shares of MFG stock traded down $0.05 on Tuesday, reaching $5.86. 1,364,944 shares of the stock were exchanged, compared to its average volume of 1,328,604. Mizuho Financial Group, Inc. has a 1-year low of $3.45 and a 1-year high of $6.08. The stock has a market cap of $74.26 billion, a P/E ratio of 14.65, a price-to-earnings-growth ratio of 0.76 and a beta of 0.39. The company has a quick ratio of 0.96, a current ratio of 0.97 and a debt-to-equity ratio of 1.39. The firm has a 50 day moving average of $5.55 and a two-hundred day moving average of $4.90.

Mizuho Financial Group (NYSE:MFG - Get Free Report) last announced its quarterly earnings results on Monday, February 3rd. The bank reported $0.15 EPS for the quarter, topping 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%. On average, research analysts anticipate that Mizuho Financial Group, Inc. will post 0.42 EPS for the current 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.