Orion Portfolio Solutions LLC increased its position in Mizuho Financial Group, Inc. (NYSE:MFG - Free Report) by 48.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 624,582 shares of the bank's stock after acquiring an additional 202,958 shares during the quarter. Orion Portfolio Solutions LLC's holdings in Mizuho Financial Group were worth $3,054,000 at the end of the most recent quarter.
Other hedge funds also recently bought and sold shares of the company. Wilmington Savings Fund Society FSB purchased a new position in shares of Mizuho Financial Group during the third quarter worth about $25,000. Spire Wealth Management lifted its position in Mizuho Financial Group by 377.8% during 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 last quarter. TD Private Client Wealth LLC grew its stake in Mizuho Financial Group by 683.9% in 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. CogentBlue Wealth Advisors LLC purchased a new stake in shares of Mizuho Financial Group during the 4th quarter valued at $50,000. Finally, Sierra Ocean LLC purchased a new position in Mizuho Financial Group in the fourth quarter worth $55,000. Hedge funds and other institutional investors own 3.26% of the company's stock.
Mizuho Financial Group Price Performance
NYSE MFG traded down $0.50 during trading hours on Thursday, reaching $4.95. 4,009,915 shares of the stock traded hands, compared to its average volume of 1,365,163. The company has a debt-to-equity ratio of 1.39, a current ratio of 0.97 and a quick ratio of 0.96. The stock has a 50 day simple moving average of $5.63 and a two-hundred day simple moving average of $4.98. Mizuho Financial Group, Inc. has a 1 year low of $3.45 and a 1 year high of $6.08. The company has a market cap of $62.67 billion, a price-to-earnings ratio of 12.36, 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 earnings per share 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%. On average, analysts predict that Mizuho Financial Group, Inc. will post 0.42 EPS for the current fiscal year.
Mizuho Financial Group Company 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.
Read More
Before you consider Mizuho Financial Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Mizuho Financial Group wasn't on the list.
While Mizuho Financial Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are likely to thrive in today's challenging market? Enter your email address and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
