Marshall Wace LLP Acquires New Holdings in Mizuho Financial Group, Inc. (NYSE:MFG)

Marshall Wace LLP bought a new stake in shares of Mizuho Financial Group, Inc. (NYSE:MFG) in the second quarter, according to its most recent Form 13F filing with the SEC. The fund bought 91,390 shares of the bank’s stock, valued at approximately $387,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of MFG. Traveka Wealth LLC boosted its position in shares of Mizuho Financial Group by 22.8% during the second quarter. Traveka Wealth LLC now owns 12,793 shares of the bank’s stock worth $54,000 after buying an additional 2,373 shares during the period. PFW Advisors LLC grew its stake in shares of Mizuho Financial Group by 25.4% in the second quarter. PFW Advisors LLC now owns 13,241 shares of the bank’s stock worth $56,000 after purchasing an additional 2,680 shares in the last quarter. Envestnet Portfolio Solutions Inc. increased its holdings in shares of Mizuho Financial Group by 26.6% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 12,896 shares of the bank’s stock valued at $51,000 after purchasing an additional 2,712 shares during the period. Rhumbline Advisers raised its stake in shares of Mizuho Financial Group by 0.8% during the second quarter. Rhumbline Advisers now owns 325,847 shares of the bank’s stock valued at $1,378,000 after purchasing an additional 2,721 shares in the last quarter. Finally, Benjamin F. Edwards & Company Inc. raised its position in shares of Mizuho Financial Group by 8.9% during the 1st quarter. Benjamin F. Edwards & Company Inc. now owns 34,672 shares of the bank’s stock worth $138,000 after buying an additional 2,819 shares in the last quarter. Institutional investors own 3.26% of the company’s stock.

Mizuho Financial Group Stock Performance

MFG opened at $4.16 on Friday. The business has a 50 day moving average price of $4.09 and a two-hundred day moving average price of $4.07. Mizuho Financial Group, Inc. has a 1-year low of $3.14 and a 1-year high of $4.63. The company has a market capitalization of $52.65 billion, a price-to-earnings ratio of 13.83, a price-to-earnings-growth ratio of 0.67 and a beta of 0.39. The company has a debt-to-equity ratio of 1.22, a current ratio of 0.96 and a quick ratio of 0.96.

Mizuho Financial Group (NYSE:MFG) last released its quarterly earnings data 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. The business had revenue of $15.27 billion during the quarter. Mizuho Financial Group had a return on equity of 6.64% and a net margin of 6.38%. Research analysts predict that Mizuho Financial Group, Inc. will post 0.45 EPS for the current fiscal 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.