US Bancorp DE Acquires 134,674 Shares of Mizuho Financial Group, Inc. (NYSE:MFG)

US Bancorp DE increased its position in Mizuho Financial Group, Inc. (NYSE:MFG - Free Report) by 23.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 716,319 shares of the bank's stock after purchasing an additional 134,674 shares during the quarter. US Bancorp DE's holdings in Mizuho Financial Group were worth $3,503,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. SVB Wealth LLC acquired a new stake in Mizuho Financial Group in the fourth quarter worth about $139,000. Lake Street Advisors Group LLC increased its position in Mizuho Financial Group by 4.4% in the fourth quarter. Lake Street Advisors Group LLC now owns 52,243 shares of the bank's stock worth $255,000 after purchasing an additional 2,210 shares during the period. Bank of New York Mellon Corp grew its position in shares of Mizuho Financial Group by 21.0% during the 4th quarter. Bank of New York Mellon Corp now owns 831,018 shares of the bank's stock worth $4,064,000 after buying an additional 144,353 shares during the period. Wealthstream Advisors Inc. grew its position in shares of Mizuho Financial Group by 10.4% during the 4th quarter. Wealthstream Advisors Inc. now owns 27,160 shares of the bank's stock worth $133,000 after buying an additional 2,552 shares during the period. Finally, Callan Capital LLC grew its position in shares of Mizuho Financial Group by 15.9% during the 4th quarter. Callan Capital LLC now owns 189,320 shares of the bank's stock worth $926,000 after buying an additional 25,990 shares during the period. 3.26% of the stock is currently owned by institutional investors and hedge funds.

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Mizuho Financial Group Trading Down 0.8 %

Shares of Mizuho Financial Group stock traded down $0.05 during trading on Friday, hitting $5.71. 1,386,280 shares of the company were exchanged, compared to its average volume of 1,297,354. The firm has a market capitalization of $72.30 billion, a P/E ratio of 14.26, a price-to-earnings-growth ratio of 0.76 and a beta of 0.39. Mizuho Financial Group, Inc. has a 1-year low of $3.45 and a 1-year high of $5.91. The firm's fifty day moving average price is $5.37 and its 200 day moving average price is $4.78. The company has a debt-to-equity ratio of 1.39, a current ratio of 0.97 and a quick ratio of 0.96.

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, topping 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%. As a group, sell-side analysts expect that Mizuho Financial Group, Inc. will post 0.42 earnings per share for the current fiscal year.

Mizuho Financial Group Company Profile

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.