Adero Partners LLC Buys 4,323 Shares of Mizuho Financial Group, Inc. (NYSE:MFG)

Adero Partners LLC raised its stake in Mizuho Financial Group, Inc. (NYSE:MFG) by 30.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 18,428 shares of the bank’s stock after acquiring an additional 4,323 shares during the quarter. Adero Partners LLC’s holdings in Mizuho Financial Group were worth $90,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Dimensional Fund Advisors LP increased its stake in shares of Mizuho Financial Group by 6.3% in the second quarter. Dimensional Fund Advisors LP now owns 438,746 shares of the bank’s stock valued at $1,856,000 after buying an additional 26,182 shares during the period. Sei Investments Co. increased its stake in shares of Mizuho Financial Group by 45.5% in the second quarter. Sei Investments Co. now owns 19,475 shares of the bank’s stock valued at $82,000 after buying an additional 6,090 shares during the period. Marshall Wace LLP acquired a new position in shares of Mizuho Financial Group in the second quarter valued at approximately $387,000. AQR Capital Management LLC increased its stake in shares of Mizuho Financial Group by 139.4% in the second quarter. AQR Capital Management LLC now owns 225,432 shares of the bank’s stock valued at $954,000 after buying an additional 131,271 shares during the period. Finally, Sanctuary Advisors LLC acquired a new stake in Mizuho Financial Group during the 2nd quarter valued at approximately $91,000. Institutional investors own 3.26% of the company’s stock.

Mizuho Financial Group Stock Performance

NYSE:MFG opened at $5.65 on Friday. The company has a market capitalization of $71.54 billion, a PE ratio of 15.26, a P/E/G ratio of 0.94 and a beta of 0.45. The company has a 50 day simple moving average of $5.08 and a two-hundred day simple moving average of $4.55. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.96 and a current ratio of 0.96. Mizuho Financial Group, Inc. has a fifty-two week low of $3.45 and a fifty-two week high of $5.66.

Mizuho Financial Group (NYSE:MFG) last released its earnings results 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 net margin of 7.69% and a return on equity of 7.74%. Research analysts anticipate 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.