Mizuho Financial Group, Inc. (NYSE:MFG - Get Free Report) shares traded up 2.1% on Friday . The company traded as high as $6.04 and last traded at $6.02. 178,176 shares were traded during mid-day trading, a decline of 86% from the average session volume of 1,316,799 shares. The stock had previously closed at $5.89.
Mizuho Financial Group Stock Performance
The business's 50-day simple moving average is $5.57 and its two-hundred day simple moving average is $4.92. 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 market cap of $74.26 billion, a price-to-earnings ratio of 14.65, a P/E/G ratio of 0.76 and a beta of 0.39.
Mizuho Financial Group (NYSE:MFG - Get Free Report) last issued its quarterly earnings results on Monday, February 3rd. The bank reported $0.15 earnings per share (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%. As a group, sell-side analysts expect that Mizuho Financial Group, Inc. will post 0.42 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Mizuho Financial Group
Several institutional investors and hedge funds have recently added to or reduced their stakes in MFG. Spire Wealth Management grew its position in shares of Mizuho Financial Group by 377.8% in the fourth quarter. Spire Wealth Management now owns 5,504 shares of the bank's stock valued at $27,000 after purchasing an additional 4,352 shares during the period. Wilmington Savings Fund Society FSB purchased a new position in Mizuho Financial Group in the 3rd quarter valued at about $25,000. Bessemer Group Inc. boosted its holdings in Mizuho Financial Group by 51.5% in the 4th quarter. Bessemer Group Inc. now owns 6,430 shares of the bank's stock worth $31,000 after buying an additional 2,187 shares during the last quarter. TD Private Client Wealth LLC increased its stake in Mizuho Financial Group by 683.9% during the 3rd quarter. TD Private Client Wealth LLC now owns 8,419 shares of the bank's stock worth $35,000 after buying an additional 7,345 shares in the last quarter. Finally, CogentBlue Wealth Advisors LLC purchased a new stake in Mizuho Financial Group during the 4th quarter worth approximately $50,000. Hedge funds and other institutional investors own 3.26% of the company's stock.
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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