Orion Portfolio Solutions LLC Acquires 202,958 Shares of Mizuho Financial Group, Inc. (NYSE:MFG)

Orion Portfolio Solutions LLC lifted its holdings in shares of Mizuho Financial Group, Inc. (NYSE:MFG) by 48.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 624,582 shares of the bank’s stock after acquiring an additional 202,958 shares during the quarter. Orion Portfolio Solutions LLC’s holdings in Mizuho Financial Group were worth $3,054,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in MFG. JPMorgan Chase & Co. boosted its stake in Mizuho Financial Group by 79.6% in the 4th quarter. JPMorgan Chase & Co. now owns 343,786 shares of the bank’s stock valued at $1,681,000 after purchasing an additional 152,352 shares during the period. Zions Bancorporation N.A. raised its stake in Mizuho Financial Group by 158.5% in the fourth quarter. Zions Bancorporation N.A. now owns 406,459 shares of the bank’s stock valued at $1,988,000 after purchasing an additional 249,207 shares in the last quarter. Prospect Financial Group LLC bought a new stake in Mizuho Financial Group during the fourth quarter worth about $72,000. LPL Financial LLC lifted its holdings in shares of Mizuho Financial Group by 108.9% during the 4th quarter. LPL Financial LLC now owns 64,582 shares of the bank’s stock worth $316,000 after acquiring an additional 33,664 shares during the period. Finally, Sei Investments Co. increased its stake in Mizuho Financial Group by 85.9% in the fourth quarter. Sei Investments Co. now owns 86,697 shares of the bank’s stock valued at $424,000 after acquiring an additional 40,064 shares during the last quarter. 3.26% of the stock is owned by institutional investors and hedge funds.

Mizuho Financial Group Trading Down 3.1 %

Shares of MFG stock opened at $5.51 on Tuesday. The stock’s fifty day moving average price is $5.62 and its two-hundred day moving average price is $4.96. The company has a market cap of $69.76 billion, a PE ratio of 13.76, a P/E/G ratio of 0.76 and a beta of 0.39. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.96 and a current ratio of 0.97. Mizuho Financial Group, Inc. has a fifty-two week low of $3.45 and a fifty-two week high of $6.08.

Mizuho Financial Group (NYSE:MFG) last posted its quarterly 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 7.85% and a return on equity of 8.56%. Equities 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.