Dimensional Fund Advisors LP Buys 26,182 Shares of Mizuho Financial Group, Inc. (NYSE:MFG)

Dimensional Fund Advisors LP grew its stake in Mizuho Financial Group, Inc. (NYSE:MFGFree Report) by 6.3% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 438,746 shares of the bank’s stock after purchasing an additional 26,182 shares during the period. Dimensional Fund Advisors LP’s holdings in Mizuho Financial Group were worth $1,856,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of MFG. Sunpointe LLC bought a new stake in shares of Mizuho Financial Group in the 4th quarter valued at approximately $41,000. Perigon Wealth Management LLC purchased a new stake in shares of Mizuho Financial Group in the first quarter worth approximately $41,000. PFW Advisors LLC purchased a new stake in shares of Mizuho Financial Group in the first quarter worth approximately $42,000. Riversedge Advisors LLC purchased a new stake in shares of Mizuho Financial Group in the second quarter worth approximately $46,000. Finally, Envestnet Portfolio Solutions Inc. raised its holdings in shares of Mizuho Financial Group by 26.6% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 12,896 shares of the bank’s stock worth $51,000 after buying an additional 2,712 shares during the period. 3.26% of the stock is owned by institutional investors.

Mizuho Financial Group Trading Up 2.5 %

Shares of NYSE MFG opened at $4.26 on Friday. The company has a debt-to-equity ratio of 1.22, a quick ratio of 0.96 and a current ratio of 0.96. The business’s 50 day moving average price is $4.09 and its 200-day moving average price is $4.08. Mizuho Financial Group, Inc. has a fifty-two week low of $3.14 and a fifty-two week high of $4.63. The company has a market cap of $53.92 billion, a price-to-earnings ratio of 14.18, a PEG ratio of 0.67 and a beta of 0.39.

Mizuho Financial Group (NYSE:MFGGet Free Report) last issued its quarterly earnings results on Wednesday, July 31st. The bank reported $0.13 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.02. Mizuho Financial Group had a return on equity of 6.64% and a net margin of 6.38%. The firm had revenue of $15.27 billion for the quarter. On average, sell-side analysts expect that Mizuho Financial Group, Inc. will post 0.44 earnings per share for the current year.

Mizuho Financial Group Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Mizuho Financial Group (NYSE:MFG)

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