Russell Investments Group Ltd. Acquires 30,571 Shares of Mizuho Financial Group, Inc. (NYSE:MFG)

Russell Investments Group Ltd. boosted its position in shares of Mizuho Financial Group, Inc. (NYSE:MFG) by 49.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 92,796 shares of the bank’s stock after purchasing an additional 30,571 shares during the period. Russell Investments Group Ltd.’s holdings in Mizuho Financial Group were worth $454,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of MFG. Bank of New York Mellon Corp boosted its position in Mizuho Financial Group by 21.0% during the 4th quarter. Bank of New York Mellon Corp now owns 831,018 shares of the bank’s stock worth $4,064,000 after acquiring an additional 144,353 shares during the last quarter. Orion Portfolio Solutions LLC boosted its holdings in Mizuho Financial Group by 48.1% during the fourth quarter. Orion Portfolio Solutions LLC now owns 624,582 shares of the bank’s stock worth $3,054,000 after purchasing an additional 202,958 shares during the last quarter. Charles Schwab Investment Management Inc. grew its position in Mizuho Financial Group by 20.0% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 952,107 shares of the bank’s stock valued at $4,656,000 after purchasing an additional 158,478 shares in the last quarter. XY Capital Ltd acquired a new stake in Mizuho Financial Group in the 4th quarter valued at $575,000. Finally, Aviso Financial Inc. bought a new stake in Mizuho Financial Group during the 4th quarter worth about $617,000. 3.26% of the stock is currently owned by institutional investors.

Mizuho Financial Group Trading Down 0.2 %

NYSE MFG opened at $4.86 on Thursday. The company has a market cap of $61.22 billion, a PE ratio of 12.15, a PEG ratio of 0.76 and a beta of 0.33. Mizuho Financial Group, Inc. has a 12 month low of $3.45 and a 12 month high of $6.08. The stock has a 50 day moving average of $5.36 and a 200-day moving average of $5.03. 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 (NYSE:MFG) last released its quarterly earnings data on Monday, February 3rd. The bank reported $0.15 earnings per share (EPS) for the quarter, beating 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%. On average, equities research analysts anticipate 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.