Orion Portfolio Solutions LLC Increases Stock Position in Mizuho Financial Group, Inc. (NYSE:MFG)

Orion Portfolio Solutions LLC raised its stake in shares of Mizuho Financial Group, Inc. (NYSE:MFG - Free Report) by 48.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 624,582 shares of the bank's stock after purchasing an additional 202,958 shares during the period. Orion Portfolio Solutions LLC's holdings in Mizuho Financial Group were worth $3,054,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Charles Schwab Investment Management Inc. lifted its stake in Mizuho Financial Group by 11.8% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 793,629 shares of the bank's stock valued at $3,317,000 after buying an additional 83,655 shares in the last quarter. FMR LLC boosted its stake in 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 purchasing an additional 4,167,234 shares during the last quarter. BNP Paribas Financial Markets boosted its stake in Mizuho Financial Group by 84.2% during the 3rd quarter. BNP Paribas Financial Markets now owns 84,643 shares of the bank's stock worth $354,000 after purchasing an additional 38,685 shares during the last quarter. Glenmede Trust Co. NA grew its holdings in shares of Mizuho Financial Group by 12.5% during the third quarter. Glenmede Trust Co. NA now owns 83,601 shares of the bank's stock worth $349,000 after buying an additional 9,281 shares in the last quarter. Finally, Captrust Financial Advisors raised its position in shares of Mizuho Financial Group by 138.3% in the third quarter. Captrust Financial Advisors now owns 204,766 shares of the bank's stock valued at $856,000 after buying an additional 118,853 shares during the last quarter. Institutional investors and hedge funds own 3.26% of the company's stock.

Mizuho Financial Group Price Performance

Shares of MFG stock traded down $0.72 during trading hours on Friday, reaching $4.25. The company had a trading volume of 8,862,184 shares, compared to its average volume of 1,404,501. Mizuho Financial Group, Inc. has a 12-month low of $3.45 and a 12-month high of $6.08. The company has a market capitalization of $53.79 billion, a price-to-earnings ratio of 10.61, a PEG ratio of 0.76 and a beta of 0.39. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.96 and a current ratio of 0.97. The stock has a fifty day moving average of $5.61 and a 200-day moving average of $4.99.

Mizuho Financial Group (NYSE:MFG - Get Free Report) last issued its 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%. On average, equities analysts anticipate that Mizuho Financial Group, Inc. will post 0.42 earnings per share 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.