Sequoia Financial Advisors LLC Boosts Stock Position in Mizuho Financial Group, Inc. (NYSE:MFG)

Sequoia Financial Advisors LLC increased its position in Mizuho Financial Group, Inc. (NYSE:MFG) by 7.7% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm 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 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in MFG. FMR LLC grew its position in shares of Mizuho Financial Group by 31.0% during the third quarter. FMR LLC now owns 17,622,960 shares of the bank’s stock valued at $73,664,000 after purchasing an additional 4,167,234 shares in the last quarter. Natixis Advisors LLC raised its stake in shares of 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 during the period. Raymond James Financial Inc. bought a new stake in Mizuho Financial Group in the fourth quarter worth about $5,951,000. Charles Schwab Investment Management Inc. lifted its stake in shares of Mizuho Financial Group by 20.0% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 952,107 shares of the bank’s stock worth $4,656,000 after acquiring an additional 158,478 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in shares of Mizuho Financial Group by 21.0% during the fourth quarter. Bank of New York Mellon Corp now owns 831,018 shares of the bank’s stock valued at $4,064,000 after purchasing an additional 144,353 shares during the period. Hedge funds and other institutional investors own 3.26% of the company’s stock.

Mizuho Financial Group Stock Up 0.3 %

Shares of NYSE:MFG opened at $5.81 on Tuesday. The stock has a market cap of $73.56 billion, a P/E ratio of 14.51, a price-to-earnings-growth 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, Inc. has a 52-week low of $3.45 and a 52-week high of $5.91. The business’s 50 day moving average is $5.46 and its 200 day moving average is $4.84.

Mizuho Financial Group (NYSE:MFG) last released its quarterly earnings results on Monday, February 3rd. The bank reported $0.15 EPS for the quarter, beating the consensus estimate of $0.10 by $0.05. Mizuho Financial Group had a net margin of 7.85% and a return on equity of 8.56%. Sell-side analysts predict that Mizuho Financial Group, Inc. will post 0.42 EPS for the current year.

Mizuho Financial Group 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.