Cerity Partners LLC Buys 508,286 Shares of Mizuho Financial Group, Inc. (NYSE:MFG)

Cerity Partners LLC boosted its holdings in shares of Mizuho Financial Group, Inc. (NYSE:MFG - Free Report) by 89.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm 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 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Allworth Financial LP lifted its holdings in Mizuho Financial Group by 81.8% during the 1st quarter. Allworth Financial LP now owns 6,611 shares of the bank's stock valued at $36,000 after purchasing an additional 2,975 shares during the last quarter. Greenleaf Trust raised its stake in shares of Mizuho Financial Group by 5.3% in the first quarter. Greenleaf Trust now owns 60,960 shares of the bank's stock worth $336,000 after acquiring an additional 3,070 shares during the last quarter. Valeo Financial Advisors LLC raised its position in Mizuho Financial Group by 23.6% in the 1st quarter. Valeo Financial Advisors LLC now owns 43,172 shares of the bank's stock worth $238,000 after purchasing an additional 8,251 shares during the last quarter. M&T Bank Corp raised its position in shares of Mizuho Financial Group by 1.1% during the first quarter. M&T Bank Corp now owns 372,689 shares of the bank's stock worth $2,053,000 after acquiring an additional 4,178 shares during the last quarter. Finally, Callan Capital LLC lifted its position in Mizuho Financial Group by 13.1% during the 1st quarter. Callan Capital LLC now owns 214,117 shares of the bank's stock valued at $1,180,000 after purchasing an additional 24,797 shares during the period. 3.26% of the stock is owned by institutional investors and hedge funds.

Mizuho Financial Group Trading Down 0.5%

Shares of MFG traded down $0.03 on Friday, reaching $5.57. 2,834,837 shares of the company's stock were exchanged, compared to its average volume of 2,290,490. The business has a 50 day moving average price of $5.47 and a two-hundred day moving average price of $5.34. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 1.41. The stock has a market capitalization of $70.16 billion, a P/E ratio of 11.85, a price-to-earnings-growth ratio of 0.63 and a beta of 0.38. Mizuho Financial Group, Inc. has a 12 month low of $3.45 and a 12 month high of $6.08.

Mizuho Financial Group (NYSE:MFG - Get Free Report) last released its quarterly earnings data on Thursday, May 15th. The bank reported $0.03 earnings per share for the quarter, hitting the consensus estimate of $0.03. Mizuho Financial Group had a net margin of 9.81% and a return on equity of 10.37%. The business had revenue of $12.84 billion for the quarter, compared to analyst estimates of $5.38 billion. 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.