Mizuho Financial Group, Inc. (NYSE:MFG) Shares Bought by Bessemer Group Inc.

Bessemer Group Inc. grew its holdings in Mizuho Financial Group, Inc. (NYSE:MFG) by 51.5% in the 4th quarter, Holdings Channel reports. The institutional investor owned 6,430 shares of the bank’s stock after buying an additional 2,187 shares during the quarter. Bessemer Group Inc.’s holdings in Mizuho Financial Group were worth $31,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of the business. Sanctuary Advisors LLC lifted its holdings in Mizuho Financial Group by 1,077.4% in the third quarter. Sanctuary Advisors LLC now owns 278,847 shares of the bank’s stock valued at $1,166,000 after acquiring an additional 255,164 shares during the period. Bank of New York Mellon Corp increased its holdings in shares of Mizuho Financial Group by 21.0% in the 4th quarter. Bank of New York Mellon Corp now owns 831,018 shares of the bank’s stock valued at $4,064,000 after purchasing an additional 144,353 shares in the last quarter. Orion Portfolio Solutions LLC lifted its stake in shares of Mizuho Financial Group by 48.1% in the fourth quarter. Orion Portfolio Solutions LLC now owns 624,582 shares of the bank’s stock valued at $3,054,000 after purchasing an additional 202,958 shares during the period. XY Capital Ltd acquired a new stake in shares of Mizuho Financial Group in the fourth quarter valued at about $575,000. Finally, Charles Schwab Investment Management Inc. boosted its holdings in Mizuho Financial Group by 20.0% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 952,107 shares of the bank’s stock worth $4,656,000 after buying an additional 158,478 shares in the last quarter. 3.26% of the stock is currently owned by hedge funds and other institutional investors.

Mizuho Financial Group Price Performance

MFG stock opened at $4.84 on Friday. The firm has a 50 day moving average of $5.40 and a 200-day moving average of $5.02. The company has a market cap of $60.90 billion, a price-to-earnings ratio of 12.09, a PEG ratio of 0.76 and a beta of 0.33. The company has a current ratio of 0.97, a quick ratio of 0.96 and a debt-to-equity ratio of 1.39. Mizuho Financial Group, Inc. has a 12-month low of $3.45 and a 12-month high of $6.08.

Mizuho Financial Group (NYSE:MFG) last issued its quarterly earnings data on Monday, February 3rd. The bank reported $0.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.10 by $0.05. Mizuho Financial Group had a return on equity of 8.56% and a net margin of 7.85%. As a group, equities analysts expect that Mizuho Financial Group, Inc. will post 0.42 EPS for the current fiscal year.

Mizuho Financial Group Company 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.