Brighton Jones LLC Takes Position in Mizuho Financial Group, Inc. (NYSE:MFG)

Brighton Jones LLC acquired a new position in Mizuho Financial Group, Inc. (NYSE:MFG) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 10,277 shares of the bank’s stock, valued at approximately $43,000.

Other large investors have also bought and sold shares of the company. Park Avenue Securities LLC raised its position in shares of Mizuho Financial Group by 61.0% in the 1st quarter. Park Avenue Securities LLC now owns 84,712 shares of the bank’s stock worth $337,000 after acquiring an additional 32,087 shares in the last quarter. Ballentine Partners LLC raised its holdings in Mizuho Financial Group by 20.7% in the first quarter. Ballentine Partners LLC now owns 96,789 shares of the bank’s stock worth $385,000 after purchasing an additional 16,610 shares in the last quarter. Bleakley Financial Group LLC lifted its position in Mizuho Financial Group by 39.2% during the first quarter. Bleakley Financial Group LLC now owns 29,299 shares of the bank’s stock valued at $117,000 after buying an additional 8,251 shares during the period. Envestnet Portfolio Solutions Inc. boosted its holdings in shares of Mizuho Financial Group by 26.6% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 12,896 shares of the bank’s stock valued at $51,000 after buying an additional 2,712 shares in the last quarter. Finally, Lockheed Martin Investment Management Co. bought a new stake in shares of Mizuho Financial Group during the 4th quarter valued at $943,000. 3.26% of the stock is owned by institutional investors.

Mizuho Financial Group Stock Performance

Shares of MFG opened at $4.17 on Tuesday. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 1.22. The stock has a market cap of $52.78 billion, a P/E ratio of 13.88, a P/E/G ratio of 0.76 and a beta of 0.39. The business’s 50 day moving average price is $4.16 and its 200-day moving average price is $4.07. Mizuho Financial Group, Inc. has a 52 week low of $3.14 and a 52 week high of $4.63.

Mizuho Financial Group (NYSE:MFG) last released its earnings results on Wednesday, July 31st. The bank reported $0.13 EPS for the quarter, topping the consensus estimate of $0.11 by $0.02. Mizuho Financial Group had a return on equity of 6.64% and a net margin of 6.38%. The business had revenue of $15.27 billion for the quarter. Equities research analysts anticipate that Mizuho Financial Group, Inc. will post 0.39 earnings per share for the current fiscal 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.