Vanguard Capital Wealth Advisors Acquires 88,603 Shares of Mizuho Financial Group, Inc. (NYSE:MFG)

Vanguard Capital Wealth Advisors grew its position in Mizuho Financial Group, Inc. (NYSE:MFG - Free Report) by 129.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 157,004 shares of the bank's stock after buying an additional 88,603 shares during the quarter. Mizuho Financial Group accounts for about 0.8% of Vanguard Capital Wealth Advisors' portfolio, making the stock its 24th largest holding. Vanguard Capital Wealth Advisors' holdings in Mizuho Financial Group were worth $768,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Spire Wealth Management lifted its position in shares of Mizuho Financial Group by 377.8% during 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. Bessemer Group Inc. lifted its holdings in shares of Mizuho Financial Group by 51.5% in the fourth quarter. Bessemer Group Inc. now owns 6,430 shares of the bank's stock worth $31,000 after acquiring an additional 2,187 shares during the last quarter. CogentBlue Wealth Advisors LLC bought a new position in shares of Mizuho Financial Group in the fourth quarter worth about $50,000. Seeds Investor LLC acquired a new stake in shares of Mizuho Financial Group in the 4th quarter valued at approximately $52,000. Finally, Sierra Ocean LLC bought a new stake in shares of Mizuho Financial Group during the 4th quarter valued at approximately $55,000. Institutional investors own 3.26% of the company's stock.

Mizuho Financial Group Price Performance

NYSE:MFG traded up $0.05 on Friday, hitting $5.43. The company had a trading volume of 2,379,259 shares, compared to its average volume of 1,907,164. Mizuho Financial Group, Inc. has a 52 week low of $3.45 and a 52 week high of $6.08. The company has a current ratio of 0.97, a quick ratio of 0.96 and a debt-to-equity ratio of 1.39. The stock has a market capitalization of $68.40 billion, a price-to-earnings ratio of 13.58, a PEG ratio of 0.76 and a beta of 0.38. The firm has a 50 day moving average of $5.10 and a two-hundred day moving average of $5.17.

Mizuho Financial Group (NYSE:MFG - Get Free Report) last announced its quarterly earnings results on Thursday, May 15th. The bank reported $0.03 earnings per share (EPS) for the quarter, hitting the consensus estimate 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, research analysts anticipate that Mizuho Financial Group, Inc. will post 0.42 earnings per share for the current year.

Mizuho Financial Group Company 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.