Mizuho Financial Group, Inc. (NYSE:MFG) Shares Bought by Forum Financial Management LP

Forum Financial Management LP increased its stake in shares of Mizuho Financial Group, Inc. (NYSE:MFG - Free Report) by 33.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 364,094 shares of the bank's stock after purchasing an additional 90,960 shares during the quarter. Forum Financial Management LP's holdings in Mizuho Financial Group were worth $1,780,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Brighton Jones LLC raised its stake in shares of Mizuho Financial Group by 19.3% during the 4th quarter. Brighton Jones LLC now owns 12,343 shares of the bank's stock worth $60,000 after buying an additional 1,998 shares during the last quarter. Farther Finance Advisors LLC raised its stake in shares of Mizuho Financial Group by 10.8% during the 4th quarter. Farther Finance Advisors LLC now owns 21,129 shares of the bank's stock worth $103,000 after buying an additional 2,054 shares during the last quarter. Bessemer Group Inc. raised its stake in shares of Mizuho Financial Group by 51.5% during the 4th quarter. Bessemer Group Inc. now owns 6,430 shares of the bank's stock worth $31,000 after buying an additional 2,187 shares during the last quarter. Pinnacle Wealth Planning Services Inc. raised its stake in shares of Mizuho Financial Group by 6.7% during the 4th quarter. Pinnacle Wealth Planning Services Inc. now owns 34,890 shares of the bank's stock worth $171,000 after buying an additional 2,188 shares during the last quarter. Finally, Lake Street Advisors Group LLC increased its position in Mizuho Financial Group by 4.4% during the 4th quarter. Lake Street Advisors Group LLC now owns 52,243 shares of the bank's stock worth $255,000 after purchasing an additional 2,210 shares in the last quarter. 3.26% of the stock is owned by institutional investors and hedge funds.

Mizuho Financial Group Price Performance

Mizuho Financial Group stock traded up $0.05 during midday trading on Friday, reaching $5.54. 1,420,797 shares of the company were exchanged, compared to its average volume of 1,950,091. The company has a market capitalization of $69.72 billion, a price-to-earnings ratio of 13.84, a P/E/G ratio of 0.76 and a beta of 0.38. The firm's 50-day simple moving average is $5.07 and its 200-day simple moving average is $5.20. Mizuho Financial Group, Inc. has a 1 year low of $3.45 and a 1 year high of $6.08. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.96 and a current ratio of 0.97.

Mizuho Financial Group (NYSE:MFG - Get Free Report) last posted its quarterly earnings data on Thursday, May 15th. The bank reported $0.03 EPS for the quarter, meeting analysts' consensus estimates of $0.03. Mizuho Financial Group had a net margin of 7.85% and a return on equity of 8.56%. The company had revenue of $12.84 billion during the quarter, compared to the consensus estimate of $5.38 billion. On average, analysts anticipate that Mizuho Financial Group, Inc. will post 0.42 EPS 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.