Ethic Inc. Buys 58,123 Shares of Mizuho Financial Group, Inc. (NYSE:MFG)

Ethic Inc. increased its stake in Mizuho Financial Group, Inc. (NYSE:MFG - Free Report) by 21.2% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 332,717 shares of the bank's stock after buying an additional 58,123 shares during the quarter. Ethic Inc.'s holdings in Mizuho Financial Group were worth $1,627,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Spire Wealth Management boosted its holdings in shares of Mizuho Financial Group by 377.8% in the 4th quarter. Spire Wealth Management now owns 5,504 shares of the bank's stock worth $27,000 after buying an additional 4,352 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new stake in Mizuho Financial Group in the 3rd quarter valued at about $25,000. Bessemer Group Inc. raised its stake in Mizuho Financial Group by 51.5% in the 4th quarter. Bessemer Group Inc. now owns 6,430 shares of the bank's stock valued at $31,000 after acquiring an additional 2,187 shares during the period. CogentBlue Wealth Advisors LLC bought a new stake in Mizuho Financial Group in the 4th quarter valued at about $50,000. Finally, Seeds Investor LLC bought a new stake in Mizuho Financial Group in the 4th quarter valued at about $52,000. 3.26% of the stock is owned by hedge funds and other institutional investors.

Mizuho Financial Group Stock Performance

Mizuho Financial Group stock traded down $0.13 during midday trading on Friday, reaching $5.13. The stock had a trading volume of 2,547,953 shares, compared to its average volume of 1,848,614. Mizuho Financial Group, Inc. has a 12 month low of $3.45 and a 12 month high of $6.08. The firm's 50-day moving average price is $5.14 and its 200 day moving average price is $5.15. The firm has a market capitalization of $64.56 billion, a PE ratio of 12.81, a P/E/G ratio of 0.76 and a beta of 0.38. 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 - Get Free Report) last announced its quarterly earnings data on Thursday, May 15th. The bank reported $0.03 earnings per share (EPS) for the quarter. Mizuho Financial Group had a return on equity of 8.56% and a net margin of 7.85%. The business had revenue of $12.84 billion for the quarter. As a group, research analysts predict that Mizuho Financial Group, Inc. will post 0.42 earnings per share for the current fiscal year.

Mizuho Financial Group 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.