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

Lake Street Advisors Group LLC lifted its holdings in shares of Mizuho Financial Group, Inc. (NYSE:MFG) by 4.4% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 52,243 shares of the bank’s stock after purchasing an additional 2,210 shares during the quarter. Lake Street Advisors Group LLC’s holdings in Mizuho Financial Group were worth $255,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Wilmington Savings Fund Society FSB acquired a new stake in shares of Mizuho Financial Group during the third quarter worth about $25,000. Spire Wealth Management lifted its position in shares of Mizuho Financial Group by 377.8% during the fourth quarter. Spire Wealth Management now owns 5,504 shares of the bank’s stock worth $27,000 after purchasing an additional 4,352 shares in the last quarter. TD Private Client Wealth LLC lifted its position in shares of Mizuho Financial Group by 683.9% during the third quarter. TD Private Client Wealth LLC now owns 8,419 shares of the bank’s stock worth $35,000 after purchasing an additional 7,345 shares in the last quarter. CogentBlue Wealth Advisors LLC acquired a new stake in shares of Mizuho Financial Group during the fourth quarter worth about $50,000. Finally, Sierra Ocean LLC acquired a new stake in shares of Mizuho Financial Group during the fourth quarter worth about $55,000. Institutional investors and hedge funds own 3.26% of the company’s stock.

Mizuho Financial Group Stock Down 1.1 %

Shares of MFG opened at $5.63 on Friday. The stock has a market capitalization of $71.28 billion, a PE ratio of 14.06, a P/E/G ratio of 0.76 and a beta of 0.45. Mizuho Financial Group, Inc. has a 1 year low of $3.45 and a 1 year high of $5.91. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.96 and a current ratio of 0.97. The company’s 50-day simple moving average is $5.29 and its 200-day simple moving average is $4.72.

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, topping analysts’ consensus estimates of $0.10 by $0.05. Mizuho Financial Group had a net margin of 7.85% and a return on equity of 8.56%. Analysts forecast that Mizuho Financial Group, Inc. will post 0.42 earnings per share for the current fiscal 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.