Mizuho Financial Group, Inc. (NYSE:MFG - Get Free Report) hit a new 52-week high on Friday . The company traded as high as $5.75 and last traded at $5.72, with a volume of 38582 shares traded. The stock had previously closed at $5.60.
Mizuho Financial Group Stock Up 2.2 %
The company has a current ratio of 0.97, a quick ratio of 0.96 and a debt-to-equity ratio of 1.39. The firm's fifty day moving average price is $5.16 and its 200-day moving average price is $4.61. The company has a market cap of $74.32 billion, a price-to-earnings ratio of 14.66, a price-to-earnings-growth 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, beating 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%. Sell-side analysts predict that Mizuho Financial Group, Inc. will post 0.42 earnings per share for the current year.
Hedge Funds Weigh In On Mizuho Financial Group
Several institutional investors and hedge funds have recently modified their holdings of the business. Lazard Asset Management LLC lifted its stake in Mizuho Financial Group by 54.7% in the fourth quarter. Lazard Asset Management LLC now owns 23,558,714 shares of the bank's stock valued at $115,201,000 after buying an additional 8,329,657 shares in the last quarter. FMR LLC raised its holdings in shares of Mizuho Financial Group by 31.0% during the third 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. Bank of America Corp DE lifted its position in Mizuho Financial Group by 18.0% in the 4th quarter. Bank of America Corp DE now owns 16,121,663 shares of the bank's stock valued at $78,835,000 after acquiring an additional 2,454,233 shares in the last quarter. Northern Trust Corp boosted its stake in Mizuho Financial Group by 86.1% in the 4th quarter. Northern Trust Corp now owns 9,743,983 shares of the bank's stock worth $47,648,000 after purchasing an additional 4,508,649 shares during the period. Finally, Natixis Advisors LLC increased its holdings in Mizuho Financial Group by 2.2% during the 4th quarter. Natixis Advisors LLC now owns 3,430,732 shares of the bank's stock worth $16,776,000 after purchasing an additional 74,822 shares in the last quarter. 3.26% of the stock is currently owned by institutional investors and hedge funds.
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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