Bank of Montreal Can Purchases 208,026 Shares of Mizuho Financial Group, Inc. (NYSE:MFG)

Bank of Montreal Can boosted its position in Mizuho Financial Group, Inc. (NYSE:MFG) by 280.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 282,308 shares of the bank’s stock after buying an additional 208,026 shares during the period. Bank of Montreal Can’s holdings in Mizuho Financial Group were worth $1,380,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of MFG. Peapack Gladstone Financial Corp lifted its stake in shares of Mizuho Financial Group by 14.3% in the 4th quarter. Peapack Gladstone Financial Corp now owns 29,649 shares of the bank’s stock valued at $145,000 after purchasing an additional 3,716 shares during the period. Quadrant Capital Group LLC boosted its holdings in shares of Mizuho Financial Group by 7.6% during the 4th quarter. Quadrant Capital Group LLC now owns 112,176 shares of the bank’s stock worth $549,000 after buying an additional 7,913 shares in the last quarter. Russell Investments Group Ltd. grew its position in shares of Mizuho Financial Group by 49.1% during the 4th quarter. Russell Investments Group Ltd. now owns 92,796 shares of the bank’s stock worth $454,000 after buying an additional 30,571 shares during the period. Envestnet Asset Management Inc. increased its stake in shares of Mizuho Financial Group by 33.4% in the 4th quarter. Envestnet Asset Management Inc. now owns 1,543,057 shares of the bank’s stock valued at $7,546,000 after acquiring an additional 386,742 shares in the last quarter. Finally, Wells Fargo & Company MN boosted its stake in Mizuho Financial Group by 48.5% during the fourth quarter. Wells Fargo & Company MN now owns 3,038,291 shares of the bank’s stock worth $14,857,000 after acquiring an additional 992,900 shares in the last quarter. Institutional investors own 3.26% of the company’s stock.

Mizuho Financial Group Trading Up 3.5 %

MFG opened at $4.84 on Friday. 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 company has a fifty day moving average price of $5.41 and a two-hundred day moving average price of $5.01. The company has a market cap of $60.90 billion, a P/E ratio of 12.09, a price-to-earnings-growth ratio of 0.76 and a beta of 0.33. 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) last announced its quarterly earnings data on Monday, February 3rd. The bank reported $0.15 EPS 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%. Analysts predict that Mizuho Financial Group, Inc. will post 0.42 EPS for the current fiscal 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.