Guggenheim Capital LLC Raises Stake in Mizuho Financial Group, Inc. (NYSE:MFG)

Guggenheim Capital LLC grew its stake in shares of Mizuho Financial Group, Inc. (NYSE:MFG) by 53.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 33,837 shares of the bank’s stock after purchasing an additional 11,729 shares during the quarter. Guggenheim Capital LLC’s holdings in Mizuho Financial Group were worth $165,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in MFG. Wilmington Savings Fund Society FSB purchased a new stake in shares of Mizuho Financial Group during the third quarter valued at $25,000. Spire Wealth Management boosted its stake in shares of Mizuho Financial Group by 377.8% during the fourth quarter. Spire Wealth Management now owns 5,504 shares of the bank’s stock valued at $27,000 after purchasing an additional 4,352 shares during the period. Bessemer Group Inc. boosted its stake in shares of Mizuho Financial Group by 51.5% during the fourth quarter. Bessemer Group Inc. now owns 6,430 shares of the bank’s stock valued at $31,000 after purchasing an additional 2,187 shares during the period. CogentBlue Wealth Advisors LLC purchased a new stake in shares of Mizuho Financial Group during the fourth quarter valued at $50,000. Finally, Seeds Investor LLC purchased a new stake in shares of Mizuho Financial Group during the fourth quarter valued at $52,000. 3.26% of the stock is owned by hedge funds and other institutional investors.

Mizuho Financial Group Stock Up 0.8 %

Shares of Mizuho Financial Group stock opened at $5.11 on Wednesday. The company has a debt-to-equity ratio of 1.39, a current ratio of 0.97 and a quick ratio of 0.96. The stock has a market cap of $64.37 billion, a price-to-earnings ratio of 12.78, a PEG ratio of 0.76 and a beta of 0.33. The firm’s 50-day moving average is $5.29 and its two-hundred day moving average is $5.06. Mizuho Financial Group, Inc. has a 1 year low of $3.45 and a 1 year high of $6.08.

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 net margin of 7.85% and a return on equity of 8.56%. As a group, research analysts expect that Mizuho Financial Group, Inc. will post 0.42 earnings per share for the current fiscal 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.