Corient Private Wealth LLC Increases Stock Position in Mizuho Financial Group, Inc. (NYSE:MFG)

Corient Private Wealth LLC increased its holdings in shares of Mizuho Financial Group, Inc. (NYSE:MFG) by 8.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 146,349 shares of the bank’s stock after purchasing an additional 11,844 shares during the period. Corient Private Wealth LLC’s holdings in Mizuho Financial Group were worth $716,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Wilmington Savings Fund Society FSB acquired a new stake in shares of Mizuho Financial Group during the third quarter worth about $25,000. Spire Wealth Management raised its stake in Mizuho Financial Group by 377.8% during the 4th quarter. Spire Wealth Management now owns 5,504 shares of the bank’s stock valued at $27,000 after acquiring an additional 4,352 shares during the last quarter. TD Private Client Wealth LLC lifted its position in Mizuho Financial Group by 683.9% during the 3rd quarter. TD Private Client Wealth LLC now owns 8,419 shares of the bank’s stock worth $35,000 after acquiring an additional 7,345 shares during the period. CogentBlue Wealth Advisors LLC purchased a new position in shares of Mizuho Financial Group in the 4th quarter valued at approximately $50,000. Finally, Sierra Ocean LLC purchased a new stake in shares of Mizuho Financial Group during the fourth quarter worth approximately $55,000. 3.26% of the stock is owned by hedge funds and other institutional investors.

Mizuho Financial Group Stock Performance

Shares of MFG opened at $5.68 on Friday. Mizuho Financial Group, Inc. has a 1 year low of $3.45 and a 1 year high of $6.08. The stock has a market capitalization of $71.92 billion, a P/E ratio of 14.19, a P/E/G ratio of 0.76 and a beta of 0.39. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.96 and a current ratio of 0.97. The company’s fifty day moving average is $5.61 and its two-hundred day moving average is $4.94.

Mizuho Financial Group (NYSE:MFG) last announced its quarterly earnings data on Monday, February 3rd. The bank reported $0.15 EPS for the quarter, beating 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%. On average, sell-side analysts predict that Mizuho Financial Group, Inc. will post 0.42 earnings per share for the current 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.