Zions Bancorporation N.A. Increases Position in Mizuho Financial Group, Inc. (NYSE:MFG)

Zions Bancorporation N.A. boosted its position in shares of Mizuho Financial Group, Inc. (NYSE:MFG - Free Report) by 158.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 406,459 shares of the bank's stock after purchasing an additional 249,207 shares during the period. Zions Bancorporation N.A.'s holdings in Mizuho Financial Group were worth $1,988,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. FMR LLC raised its position in shares of Mizuho Financial Group by 31.0% during the 3rd quarter. FMR LLC now owns 17,622,960 shares of the bank's stock valued at $73,664,000 after buying an additional 4,167,234 shares during the period. Raymond James Financial Inc. purchased a new stake in Mizuho Financial Group in the fourth quarter valued at $5,951,000. Point72 Asset Management L.P. lifted its stake in shares of Mizuho Financial Group by 2,151.3% in the 3rd quarter. Point72 Asset Management L.P. now owns 570,800 shares of the bank's stock valued at $2,386,000 after purchasing an additional 545,446 shares during the last quarter. Orion Portfolio Solutions LLC grew its holdings in shares of Mizuho Financial Group by 473.0% during the 3rd quarter. Orion Portfolio Solutions LLC now owns 421,624 shares of the bank's stock worth $1,762,000 after purchasing an additional 348,046 shares during the period. Finally, Sanctuary Advisors LLC increased its position in shares of Mizuho Financial Group by 1,077.4% during the 3rd quarter. Sanctuary Advisors LLC now owns 278,847 shares of the bank's stock worth $1,166,000 after purchasing an additional 255,164 shares during the last quarter. 3.26% of the stock is currently owned by institutional investors and hedge funds.

Mizuho Financial Group Trading Down 3.5 %

MFG traded down $0.21 on Friday, hitting $5.68. The company had a trading volume of 1,463,008 shares, compared to its average volume of 1,352,377. 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 firm has a market cap of $71.92 billion, a P/E ratio of 14.19, a PEG ratio of 0.76 and a beta of 0.39. The company's fifty day moving average price is $5.61 and its 200 day moving average price is $4.95. Mizuho Financial Group, Inc. has a 1 year low of $3.45 and a 1 year high of $6.08.

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 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%. As a group, equities analysts expect that Mizuho Financial Group, Inc. will post 0.42 earnings per share for the current year.

Mizuho Financial Group 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.