Mizuho Financial Group, Inc. (NYSE:MFG) Shares Bought by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC lifted its position in shares of Mizuho Financial Group, Inc. (NYSE:MFG) by 7.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 103,713 shares of the bank’s stock after buying an additional 7,405 shares during the period. Sequoia Financial Advisors LLC’s holdings in Mizuho Financial Group were worth $507,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. FMR LLC grew its stake in shares of Mizuho Financial Group by 31.0% in the third quarter. FMR LLC now owns 17,622,960 shares of the bank’s stock valued at $73,664,000 after buying an additional 4,167,234 shares in the last quarter. Natixis Advisors LLC raised its holdings in Mizuho Financial Group by 351.2% in the third quarter. Natixis Advisors LLC now owns 3,355,910 shares of the bank’s stock valued at $14,028,000 after acquiring an additional 2,612,204 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Mizuho Financial Group in the 4th quarter valued at $5,951,000. Point72 Asset Management L.P. raised its stake in Mizuho Financial Group by 2,151.3% in the third quarter. Point72 Asset Management L.P. now owns 570,800 shares of the bank’s stock valued at $2,386,000 after buying an additional 545,446 shares in the last quarter. Finally, Orion Portfolio Solutions LLC raised its position in shares of Mizuho Financial Group by 473.0% during the 3rd quarter. Orion Portfolio Solutions LLC now owns 421,624 shares of the bank’s stock worth $1,762,000 after acquiring an additional 348,046 shares in the last quarter. Institutional investors and hedge funds own 3.26% of the company’s stock.

Mizuho Financial Group Price Performance

Shares of MFG opened at $5.81 on Tuesday. The stock has a market cap of $73.56 billion, a PE ratio of 14.51, a price-to-earnings-growth ratio of 0.76 and a beta of 0.39. The company has a debt-to-equity ratio of 1.39, a current ratio of 0.97 and a quick ratio of 0.96. Mizuho Financial Group, Inc. has a 1-year low of $3.45 and a 1-year high of $5.91. The firm has a fifty day moving average price of $5.46 and a 200 day moving average price of $4.84.

Mizuho Financial Group (NYSE:MFG) last posted its quarterly earnings data 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 return on equity of 8.56% and a net margin of 7.85%. As a group, sell-side analysts anticipate that Mizuho Financial Group, Inc. will post 0.42 EPS for the current 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.