Mizuho Financial Group, Inc. (NYSE:MFG) Shares Acquired by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. lifted its stake in shares of Mizuho Financial Group, Inc. (NYSE:MFG) by 20.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 952,107 shares of the bank’s stock after buying an additional 158,478 shares during the period. Charles Schwab Investment Management Inc.’s holdings in Mizuho Financial Group were worth $4,656,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in MFG. FMR LLC boosted its position in Mizuho Financial Group by 31.0% in the third quarter. FMR LLC now owns 17,622,960 shares of the bank’s stock valued at $73,664,000 after buying an additional 4,167,234 shares during the last quarter. Point72 Asset Management L.P. boosted its holdings in shares of Mizuho Financial Group by 2,151.3% in the 3rd quarter. Point72 Asset Management L.P. now owns 570,800 shares of the bank’s stock valued at $2,386,000 after acquiring an additional 545,446 shares during the last quarter. Orion Portfolio Solutions LLC increased its stake in shares of Mizuho Financial Group by 473.0% in the third quarter. Orion Portfolio Solutions LLC now owns 421,624 shares of the bank’s stock worth $1,762,000 after acquiring an additional 348,046 shares during the period. Sanctuary Advisors LLC raised its holdings in shares of Mizuho Financial Group by 1,077.4% during the third quarter. Sanctuary Advisors LLC now owns 278,847 shares of the bank’s stock worth $1,166,000 after purchasing an additional 255,164 shares during the last quarter. Finally, Fisher Asset Management LLC acquired a new position in Mizuho Financial Group during the third quarter valued at $1,049,000. 3.26% of the stock is owned by hedge funds and other institutional investors.

Mizuho Financial Group Stock Down 0.8 %

Shares of MFG opened at $5.86 on Wednesday. The company has a market capitalization of $74.26 billion, a price-to-earnings ratio of 14.65, a PEG ratio of 0.76 and a beta of 0.39. Mizuho Financial Group, Inc. has a 52 week low of $3.45 and a 52 week high of $6.08. The stock’s 50-day moving average price is $5.57 and its 200-day moving average price is $4.92. 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 (NYSE:MFG) last posted its earnings results on Monday, February 3rd. The bank reported $0.15 earnings per share 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%. On average, sell-side analysts predict that Mizuho Financial Group, Inc. will post 0.42 EPS for the current 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.