Atria Investments Inc Grows Stock Position in Mizuho Financial Group, Inc. (NYSE:MFG)

Atria Investments Inc raised its position in Mizuho Financial Group, Inc. (NYSE:MFG) by 8.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 79,638 shares of the bank’s stock after purchasing an additional 5,965 shares during the quarter. Atria Investments Inc’s holdings in Mizuho Financial Group were worth $389,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the stock. FMR LLC grew its stake 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 worth $73,664,000 after purchasing an additional 4,167,234 shares in the last quarter. Natixis Advisors LLC grew its stake in shares of Mizuho Financial Group by 351.2% during the third quarter. Natixis Advisors LLC now owns 3,355,910 shares of the bank’s stock worth $14,028,000 after purchasing an additional 2,612,204 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of Mizuho Financial Group by 20.0% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 952,107 shares of the bank’s stock worth $4,656,000 after purchasing an additional 158,478 shares in the last quarter. Bank of New York Mellon Corp grew 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 worth $4,064,000 after purchasing an additional 144,353 shares in the last quarter. Finally, Crossmark Global Holdings Inc. grew its stake in shares of Mizuho Financial Group by 1.3% during the fourth quarter. Crossmark Global Holdings Inc. now owns 734,905 shares of the bank’s stock worth $3,593,000 after purchasing an additional 9,528 shares in the last quarter. Hedge funds and other institutional investors own 3.26% of the company’s stock.

Mizuho Financial Group Stock Performance

Shares of MFG stock opened at $5.78 on Monday. The company has a current ratio of 0.97, a quick ratio of 0.96 and a debt-to-equity ratio of 1.39. The firm has a fifty day moving average price of $5.44 and a 200 day moving average price of $4.83. The company has a market cap of $73.18 billion, a P/E ratio of 14.44, a PEG ratio of 0.76 and a beta of 0.39. Mizuho Financial Group, Inc. has a 12 month low of $3.45 and a 12 month high of $5.91.

Mizuho Financial Group (NYSE:MFG) last issued its earnings results on Monday, February 3rd. The bank reported $0.15 EPS for the quarter, topping 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%. Sell-side analysts predict that Mizuho Financial Group, Inc. will post 0.42 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.