Mizuho Financial Group, Inc. (NYSE:MFG) Shares Purchased by Sei Investments Co.

Sei Investments Co. grew its holdings in Mizuho Financial Group, Inc. (NYSE:MFG) by 45.5% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 19,475 shares of the bank’s stock after buying an additional 6,090 shares during the quarter. Sei Investments Co.’s holdings in Mizuho Financial Group were worth $82,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Perigon Wealth Management LLC purchased a new stake in shares of Mizuho Financial Group during the first quarter worth approximately $41,000. Brighton Jones LLC acquired a new position in shares of Mizuho Financial Group in the 2nd quarter valued at $43,000. PFW Advisors LLC acquired a new position in shares of Mizuho Financial Group in the 1st quarter valued at $42,000. Riversedge Advisors LLC acquired a new position in shares of Mizuho Financial Group in the 2nd quarter valued at $46,000. Finally, Sunpointe LLC acquired a new position in shares of Mizuho Financial Group in the 4th quarter valued at $41,000. 3.26% of the stock is currently owned by hedge funds and other institutional investors.

Mizuho Financial Group Stock Performance

Shares of Mizuho Financial Group stock opened at $4.26 on Friday. Mizuho Financial Group, Inc. has a 52 week low of $3.14 and a 52 week high of $4.63. The business’s fifty day simple moving average is $4.09 and its 200-day simple moving average is $4.08. The firm has a market cap of $53.92 billion, a PE ratio of 14.18, a price-to-earnings-growth ratio of 0.67 and a beta of 0.39. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 1.22.

Mizuho Financial Group (NYSE:MFG) last posted its earnings results on Wednesday, July 31st. The bank reported $0.13 earnings per share (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 firm had revenue of $15.27 billion for the quarter. Equities analysts forecast that Mizuho Financial Group, Inc. will post 0.44 earnings per share 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.