Mizuho Financial Group, Inc. (NYSE:MFG) Shares Acquired by HighTower Advisors LLC

HighTower Advisors LLC lifted its holdings in shares of Mizuho Financial Group, Inc. (NYSE:MFG) by 28.4% during the 4th quarter, Holdings Channel.com reports. The firm owned 332,302 shares of the bank’s stock after acquiring an additional 73,573 shares during the period. HighTower Advisors LLC’s holdings in Mizuho Financial Group were worth $1,625,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Spire Wealth Management raised its stake 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 buying an additional 4,352 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new position in shares of Mizuho Financial Group during the third quarter valued at $25,000. TD Private Client Wealth LLC lifted its stake in shares of 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 acquiring an additional 7,345 shares during the period. CogentBlue Wealth Advisors LLC acquired a new stake in shares of Mizuho Financial Group in the fourth quarter valued at $50,000. Finally, Sierra Ocean LLC bought a new position in shares of Mizuho Financial Group in the fourth quarter valued at $55,000. 3.26% of the stock is currently owned by hedge funds and other institutional investors.

Mizuho Financial Group Price Performance

MFG stock opened at $5.91 on Tuesday. The firm has a 50-day moving average of $5.55 and a two-hundred day moving average of $4.90. Mizuho Financial Group, Inc. has a one year low of $3.45 and a one year high of $6.08. 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 capitalization of $74.83 billion, a PE ratio of 14.76, a P/E/G ratio of 0.76 and a beta of 0.39.

Mizuho Financial Group (NYSE:MFG) last announced its quarterly earnings results on Monday, February 3rd. The bank reported $0.15 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%. On average, analysts forecast 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.