Mizuho Financial Group, Inc. (NYSE:MFG) Shares Bought by Five Oceans Advisors

Five Oceans Advisors lifted its holdings in shares of Mizuho Financial Group, Inc. (NYSE:MFG) by 86.6% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 45,575 shares of the bank’s stock after purchasing an additional 21,150 shares during the quarter. Five Oceans Advisors’ holdings in Mizuho Financial Group were worth $193,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in MFG. Trust Point Inc. acquired a new stake in Mizuho Financial Group during the 4th quarter worth approximately $77,000. Ballentine Partners LLC raised its stake in shares of Mizuho Financial Group by 21.7% in the fourth quarter. Ballentine Partners LLC now owns 80,179 shares of the bank’s stock valued at $276,000 after acquiring an additional 14,300 shares in the last quarter. Prime Capital Investment Advisors LLC purchased a new position in Mizuho Financial Group in the fourth quarter valued at $141,000. Cerity Partners LLC grew its stake in Mizuho Financial Group by 17.4% during the 4th quarter. Cerity Partners LLC now owns 362,644 shares of the bank’s stock worth $1,247,000 after purchasing an additional 53,733 shares in the last quarter. Finally, Sapient Capital LLC purchased a new stake in Mizuho Financial Group during the 4th quarter worth about $58,000. Hedge funds and other institutional investors own 3.26% of the company’s stock.

Mizuho Financial Group Stock Up 1.6 %

MFG stock traded up $0.06 during mid-day trading on Wednesday, reaching $3.75. The company had a trading volume of 2,029,654 shares, compared to its average volume of 943,463. Mizuho Financial Group, Inc. has a fifty-two week low of $3.09 and a fifty-two week high of $4.63. The company has a market capitalization of $47.52 billion, a price-to-earnings ratio of 12.50, a price-to-earnings-growth ratio of 0.86 and a beta of 0.39. The company has a debt-to-equity ratio of 1.22, a quick ratio of 0.97 and a current ratio of 0.96. The firm has a fifty day simple moving average of $4.17 and a 200 day simple moving average of $3.97.

Mizuho Financial Group (NYSE:MFG) last announced its quarterly earnings data on Wednesday, May 15th. The bank reported ($0.05) earnings per share for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.07). The firm had revenue of $17.41 billion during the quarter. Mizuho Financial Group had a net margin of 6.38% and a return on equity of 6.64%. Analysts forecast that Mizuho Financial Group, Inc. will post 0.39 earnings per share 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.