Cerity Partners LLC Increases Stock Position in Mizuho Financial Group, Inc. (NYSE:MFG)

Cerity Partners LLC grew its stake in Mizuho Financial Group, Inc. (NYSE:MFG - Free Report) by 89.9% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,073,626 shares of the bank's stock after purchasing an additional 508,286 shares during the period. Cerity Partners LLC's holdings in Mizuho Financial Group were worth $5,916,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of MFG. Allspring Global Investments Holdings LLC raised its holdings in Mizuho Financial Group by 3.0% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 101,716 shares of the bank's stock worth $550,000 after purchasing an additional 2,918 shares during the period. GAMMA Investing LLC raised its holdings in Mizuho Financial Group by 14.4% in the 1st quarter. GAMMA Investing LLC now owns 67,561 shares of the bank's stock worth $372,000 after purchasing an additional 8,491 shares during the period. Bank of New York Mellon Corp raised its holdings in Mizuho Financial Group by 21.0% in the 4th quarter. Bank of New York Mellon Corp now owns 831,018 shares of the bank's stock worth $4,064,000 after purchasing an additional 144,353 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in Mizuho Financial Group by 20.0% in 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. Finally, Vanguard Capital Wealth Advisors raised its holdings in Mizuho Financial Group by 129.5% in the 4th quarter. Vanguard Capital Wealth Advisors now owns 157,004 shares of the bank's stock worth $768,000 after purchasing an additional 88,603 shares during the period. 3.26% of the stock is owned by institutional investors.

Mizuho Financial Group Trading Down 0.5%

NYSE:MFG traded down $0.03 during trading hours on Friday, reaching $5.57. 2,834,913 shares of the stock were exchanged, compared to its average volume of 2,305,713. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 1.41. The business has a 50-day moving average of $5.48 and a two-hundred day moving average of $5.35. Mizuho Financial Group, Inc. has a twelve month low of $3.45 and a twelve month high of $6.08. The company has a market capitalization of $70.16 billion, a price-to-earnings ratio of 11.85, a PEG ratio of 0.63 and a beta of 0.38.

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