Axxcess Wealth Management LLC Purchases 5,346 Shares of Mizuho Financial Group, Inc. (NYSE:MFG)

Axxcess Wealth Management LLC grew its position in Mizuho Financial Group, Inc. (NYSE:MFG) by 23.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 28,146 shares of the bank’s stock after purchasing an additional 5,346 shares during the quarter. Axxcess Wealth Management LLC’s holdings in Mizuho Financial Group were worth $138,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Caprock Group LLC grew its holdings in Mizuho Financial Group by 4.5% in the 3rd quarter. Caprock Group LLC now owns 86,767 shares of the bank’s stock valued at $363,000 after buying an additional 3,723 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of Mizuho Financial Group by 11.8% in the third quarter. Charles Schwab Investment Management Inc. now owns 793,629 shares of the bank’s stock valued at $3,317,000 after acquiring an additional 83,655 shares in the last quarter. Eagle Asset Management Inc. grew its stake in shares of Mizuho Financial Group by 10.7% in the third quarter. Eagle Asset Management Inc. now owns 203,259 shares of the bank’s stock valued at $917,000 after acquiring an additional 19,634 shares in the last quarter. Cerity Partners LLC raised its stake in Mizuho Financial Group by 43.8% in the 3rd quarter. Cerity Partners LLC now owns 657,915 shares of the bank’s stock worth $2,750,000 after purchasing an additional 200,318 shares in the last quarter. Finally, Fisher Asset Management LLC acquired a new stake in Mizuho Financial Group in the 3rd quarter worth about $1,049,000. Institutional investors own 3.26% of the company’s stock.

Mizuho Financial Group Stock Performance

Shares of NYSE:MFG opened at $6.04 on Monday. Mizuho Financial Group, Inc. has a 12-month low of $3.45 and a 12-month high of $6.20. The company’s 50 day moving average price is $5.53 and its two-hundred day moving average price is $4.89. The firm has a market cap of $76.48 billion, a PE ratio of 15.09, a PEG ratio of 0.76 and a beta of 0.39. The company has a quick ratio of 0.96, a current ratio of 0.97 and a debt-to-equity ratio of 1.39.

Mizuho Financial Group (NYSE:MFG) last posted its quarterly earnings data on Monday, February 3rd. The bank reported $0.15 EPS for the quarter, topping analysts’ consensus estimates of $0.10 by $0.05. Mizuho Financial Group had a return on equity of 8.56% and a net margin of 7.85%. Equities research analysts predict that Mizuho Financial Group, Inc. will post 0.42 earnings per share for the current 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.