Mizuho Financial Group, Inc. (NYSE:MFG - Get Free Report)'s stock price reached a new 52-week high on Thursday . The stock traded as high as $5.65 and last traded at $5.65, with a volume of 506228 shares trading hands. The stock had previously closed at $5.55.
Mizuho Financial Group Price Performance
The stock has a 50-day simple moving average of $5.11 and a 200 day simple moving average of $4.56. 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 company has a market cap of $69.13 billion, a PE ratio of 13.64, a P/E/G ratio of 0.97 and a beta of 0.45.
Mizuho Financial Group (NYSE:MFG - Get Free Report) last posted its earnings results on Monday, February 3rd. The bank reported $0.15 earnings per share (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%. Equities analysts expect that Mizuho Financial Group, Inc. will post 0.42 EPS for the current year.
Institutional Investors Weigh In On Mizuho Financial Group
A number of institutional investors and hedge funds have recently made changes to their positions in the business. Natixis Advisors LLC raised its stake in shares of Mizuho Financial Group by 351.2% during the 3rd quarter. Natixis Advisors LLC now owns 3,355,910 shares of the bank's stock worth $14,028,000 after buying an additional 2,612,204 shares in the last quarter. Sanctuary Advisors LLC grew its stake in Mizuho Financial Group by 1,077.4% in the 3rd quarter. Sanctuary Advisors LLC now owns 278,847 shares of the bank's stock valued at $1,166,000 after acquiring an additional 255,164 shares during the last quarter. Verdence Capital Advisors LLC purchased a new position in Mizuho Financial Group during the 3rd quarter valued at about $862,000. Zions Bancorporation N.A. increased its stake in shares of Mizuho Financial Group by 3,594.0% during the 3rd quarter. Zions Bancorporation N.A. now owns 157,252 shares of the bank's stock worth $657,000 after purchasing an additional 152,995 shares in the last quarter. Finally, Orion Portfolio Solutions LLC lifted its stake in Mizuho Financial Group by 473.0% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 421,624 shares of the bank's stock valued at $1,762,000 after buying an additional 348,046 shares in the last quarter. 3.26% of the stock is owned by hedge funds and other institutional investors.
About Mizuho Financial Group
(
Get 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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