Schechter Investment Advisors LLC Increases Stock Position in Mizuho Financial Group, Inc. (NYSE:MFG)

Schechter Investment Advisors LLC lifted its holdings in Mizuho Financial Group, Inc. (NYSE:MFG) by 13.4% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 201,022 shares of the bank’s stock after purchasing an additional 23,790 shares during the period. Schechter Investment Advisors LLC’s holdings in Mizuho Financial Group were worth $983,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Wilmington Savings Fund Society FSB purchased a new stake in Mizuho Financial Group during the third quarter valued at approximately $25,000. Spire Wealth Management lifted its position 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 acquiring an additional 4,352 shares during the last quarter. TD Private Client Wealth LLC lifted its position in 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 valued at $35,000 after acquiring an additional 7,345 shares during the last quarter. CogentBlue Wealth Advisors LLC purchased a new stake in Mizuho Financial Group during the fourth quarter valued at approximately $50,000. Finally, Sierra Ocean LLC purchased a new stake in Mizuho Financial Group during the fourth quarter valued at approximately $55,000. Hedge funds and other institutional investors own 3.26% of the company’s stock.

Mizuho Financial Group Trading Up 0.2 %

NYSE:MFG opened at $5.65 on Tuesday. Mizuho Financial Group, Inc. has a 52 week low of $3.45 and a 52 week high of $5.91. The firm has a 50 day moving average of $5.31 and a 200 day moving average of $4.74. The company has a quick ratio of 0.96, a current ratio of 0.97 and a debt-to-equity ratio of 1.39. The stock has a market capitalization of $71.60 billion, a price-to-earnings ratio of 14.13, a PEG ratio of 0.76 and a beta of 0.45.

Mizuho Financial Group (NYSE:MFG) last posted its earnings results 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 net margin of 7.85% and a return on equity of 8.56%. As a group, sell-side analysts anticipate 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.