137,984 Shares in Mizuho Financial Group, Inc. (NYSE:MFG) Acquired by Legacy Wealth Asset Management LLC

Legacy Wealth Asset Management LLC acquired a new stake in shares of Mizuho Financial Group, Inc. (NYSE:MFG - Free Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 137,984 shares of the bank's stock, valued at approximately $760,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Janney Montgomery Scott LLC boosted its holdings in Mizuho Financial Group by 12.8% during the fourth quarter. Janney Montgomery Scott LLC now owns 152,296 shares of the bank's stock worth $745,000 after purchasing an additional 17,234 shares during the last quarter. Brighton Jones LLC grew its holdings in shares of Mizuho Financial Group by 19.3% in the fourth quarter. Brighton Jones LLC now owns 12,343 shares of the bank's stock valued at $60,000 after acquiring an additional 1,998 shares in the last quarter. Caprock Group LLC grew its holdings in shares of Mizuho Financial Group by 22.5% in the fourth quarter. Caprock Group LLC now owns 106,259 shares of the bank's stock valued at $520,000 after acquiring an additional 19,492 shares in the last quarter. SYM FINANCIAL Corp increased its position in shares of Mizuho Financial Group by 9.2% during the fourth quarter. SYM FINANCIAL Corp now owns 42,661 shares of the bank's stock valued at $209,000 after acquiring an additional 3,609 shares during the last quarter. Finally, Five Oceans Advisors increased its position in shares of Mizuho Financial Group by 7.7% during the fourth quarter. Five Oceans Advisors now owns 51,581 shares of the bank's stock valued at $252,000 after acquiring an additional 3,682 shares during the last quarter. 3.26% of the stock is owned by institutional investors.

Mizuho Financial Group Stock Performance

Mizuho Financial Group stock traded up $0.01 during trading on Thursday, hitting $5.54. The stock had a trading volume of 682,024 shares, compared to its average volume of 2,684,456. The stock's 50 day moving average is $5.05 and its two-hundred day moving average is $5.22. The stock has a market cap of $69.72 billion, a price-to-earnings ratio of 13.84, a price-to-earnings-growth ratio of 0.76 and a beta of 0.38. Mizuho Financial Group, Inc. has a 1 year low of $3.45 and a 1 year high of $6.08. 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 posted its quarterly earnings results on Thursday, May 15th. The bank reported $0.03 EPS for the quarter, hitting analysts' consensus estimates of $0.03. The firm had revenue of $12.84 billion during the quarter, compared to analyst estimates of $5.38 billion. Mizuho Financial Group had a return on equity of 8.56% and a net margin of 7.85%. As a group, analysts predict that Mizuho Financial Group, Inc. will post 0.42 EPS for the current 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.