Mizuho Financial Group, Inc. (NYSE:MFG) Shares Purchased by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. lifted its position in Mizuho Financial Group, Inc. (NYSE:MFG - Free Report) by 3.9% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,602,728 shares of the bank's stock after acquiring an additional 59,671 shares during the period. Envestnet Asset Management Inc.'s holdings in Mizuho Financial Group were worth $8,831,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in the company. Brighton Jones LLC lifted its stake in shares of Mizuho Financial Group by 19.3% in the 4th quarter. Brighton Jones LLC now owns 12,343 shares of the bank's stock valued at $60,000 after purchasing an additional 1,998 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in Mizuho Financial Group by 20.0% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 952,107 shares of the bank's stock worth $4,656,000 after purchasing an additional 158,478 shares during the period. Raymond James Financial Inc. purchased a new stake in Mizuho Financial Group during the 4th quarter worth about $5,951,000. HighTower Advisors LLC increased its holdings in Mizuho Financial Group by 28.4% during the 4th quarter. HighTower Advisors LLC now owns 332,302 shares of the bank's stock worth $1,625,000 after purchasing an additional 73,573 shares during the period. Finally, Envestnet Portfolio Solutions Inc. increased its holdings in Mizuho Financial Group by 23.9% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 65,542 shares of the bank's stock worth $320,000 after purchasing an additional 12,636 shares during the period. 3.26% of the stock is owned by institutional investors and hedge funds.

Mizuho Financial Group Stock Down 0.2%

Shares of MFG traded down $0.02 during mid-day trading on Friday, reaching $6.19. The company's stock had a trading volume of 2,330,915 shares, compared to its average volume of 3,939,178. Mizuho Financial Group, Inc. has a 12-month low of $3.45 and a 12-month high of $6.24. The stock has a market cap of $77.91 billion, a PE ratio of 13.16, a price-to-earnings-growth ratio of 0.71 and a beta of 0.38. The company has a debt-to-equity ratio of 1.41, a current ratio of 0.99 and a quick ratio of 0.99. The company's 50 day moving average is $5.56 and its 200 day moving average is $5.38.

Mizuho Financial Group (NYSE:MFG - Get Free Report) last posted its quarterly earnings data on Thursday, May 15th. The bank reported $0.03 earnings per share for the quarter, hitting analysts' consensus estimates of $0.03. The company had revenue of $12.84 billion during the quarter, compared to analysts' expectations of $5.38 billion. Mizuho Financial Group had a return on equity of 10.37% and a net margin of 9.81%. Equities analysts anticipate that Mizuho Financial Group, Inc. will post 0.42 EPS 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.