Legacy Wealth Asset Management LLC Takes Position in Mizuho Financial Group, Inc. (NYSE:MFG)

Legacy Wealth Asset Management LLC bought a new position in shares of Mizuho Financial Group, Inc. (NYSE:MFG - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 137,984 shares of the bank's stock, valued at approximately $760,000.

Other large investors have also added to or reduced their stakes in the company. Janney Montgomery Scott LLC raised its position in shares of Mizuho Financial Group by 12.8% in the fourth quarter. Janney Montgomery Scott LLC now owns 152,296 shares of the bank's stock valued at $745,000 after purchasing an additional 17,234 shares during the period. Brighton Jones LLC grew its stake in Mizuho Financial Group by 19.3% during the fourth quarter. Brighton Jones LLC now owns 12,343 shares of the bank's stock worth $60,000 after buying an additional 1,998 shares in the last quarter. Caprock Group LLC grew its stake in Mizuho Financial Group by 22.5% during the fourth quarter. Caprock Group LLC now owns 106,259 shares of the bank's stock worth $520,000 after buying an additional 19,492 shares in the last quarter. SYM FINANCIAL Corp grew its stake in Mizuho Financial Group by 9.2% during the fourth quarter. SYM FINANCIAL Corp now owns 42,661 shares of the bank's stock worth $209,000 after buying an additional 3,609 shares in the last quarter. Finally, Five Oceans Advisors grew its stake in Mizuho Financial Group by 7.7% during the fourth quarter. Five Oceans Advisors now owns 51,581 shares of the bank's stock worth $252,000 after buying an additional 3,682 shares in the last quarter. Institutional investors and hedge funds own 3.26% of the company's stock.

Mizuho Financial Group Price Performance

Mizuho Financial Group stock traded down $0.01 during trading hours on Thursday, reaching $5.53. 2,451,116 shares of the stock were exchanged, compared to its average volume of 1,977,571. The company has a market cap of $69.60 billion, a P/E ratio of 13.81, a price-to-earnings-growth ratio of 0.76 and a beta of 0.38. The company has a current ratio of 0.97, a quick ratio of 0.96 and a debt-to-equity ratio of 1.39. Mizuho Financial Group, Inc. has a twelve month low of $3.45 and a twelve month high of $6.08. The stock has a 50 day moving average of $5.05 and a two-hundred day moving average of $5.23.

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, hitting analysts' consensus estimates of $0.03. The firm had revenue of $12.84 billion for the quarter, compared to the consensus estimate of $5.38 billion. Mizuho Financial Group had a net margin of 7.85% and a return on equity of 8.56%. Equities analysts expect that Mizuho Financial Group, Inc. will post 0.42 EPS 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.