Raymond James Financial Inc. purchased a new stake in shares of Mizuho Financial Group, Inc. (NYSE:MFG - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 1,216,930 shares of the bank's stock, valued at approximately $5,951,000.
Several other large investors have also recently added to or reduced their stakes in MFG. Sanctuary Advisors LLC grew its stake in shares of 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 purchasing an additional 255,164 shares during the period. Orion Portfolio Solutions LLC raised its stake in Mizuho Financial Group by 473.0% during the third quarter. Orion Portfolio Solutions LLC now owns 421,624 shares of the bank's stock worth $1,762,000 after acquiring an additional 348,046 shares in the last quarter. XY Capital Ltd bought a new position in shares of Mizuho Financial Group during the fourth quarter valued at $575,000. Captrust Financial Advisors grew its holdings in shares of Mizuho Financial Group by 138.3% in the 3rd quarter. Captrust Financial Advisors now owns 204,766 shares of the bank's stock worth $856,000 after purchasing an additional 118,853 shares during the last quarter. Finally, BNP Paribas Financial Markets increased its position in shares of 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 in the last quarter. Institutional investors and hedge funds own 3.26% of the company's stock.
Mizuho Financial Group Price Performance
MFG stock traded down $0.21 during trading on Friday, hitting $5.68. 1,463,008 shares of the stock traded hands, compared to its average volume of 1,350,761. 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 stock has a market cap of $71.92 billion, a price-to-earnings ratio of 14.19, a P/E/G ratio of 0.76 and a beta of 0.39. Mizuho Financial Group, Inc. has a one year low of $3.45 and a one year high of $6.08. The company has a 50 day simple moving average of $5.60 and a 200 day simple moving average of $4.93.
Mizuho Financial Group (NYSE:MFG - Get Free Report) last issued its quarterly earnings data on Monday, February 3rd. The bank reported $0.15 earnings per share (EPS) for the quarter, beating 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 fiscal year.
About Mizuho Financial Group
(
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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