Cetera Investment Advisers Buys 52,621 Shares of Mizuho Financial Group, Inc. (NYSE:MFG)

Cetera Investment Advisers grew its holdings in Mizuho Financial Group, Inc. (NYSE:MFG - Free Report) by 114.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 98,638 shares of the bank's stock after purchasing an additional 52,621 shares during the quarter. Cetera Investment Advisers' holdings in Mizuho Financial Group were worth $482,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Bank of America Corp DE boosted its stake in Mizuho Financial Group by 18.0% in the fourth quarter. Bank of America Corp DE now owns 16,121,663 shares of the bank's stock worth $78,835,000 after purchasing an additional 2,454,233 shares in the last quarter. Benjamin Edwards Inc. raised its position in shares of Mizuho Financial Group by 4.0% during the fourth quarter. Benjamin Edwards Inc. now owns 75,305 shares of the bank's stock worth $368,000 after acquiring an additional 2,889 shares during the last quarter. Ameriprise Financial Inc. raised its position in shares of Mizuho Financial Group by 45.6% during the fourth quarter. Ameriprise Financial Inc. now owns 108,333 shares of the bank's stock worth $530,000 after acquiring an additional 33,950 shares during the last quarter. Jane Street Group LLC raised its position in shares of Mizuho Financial Group by 1,776.5% during the fourth quarter. Jane Street Group LLC now owns 301,749 shares of the bank's stock worth $1,476,000 after acquiring an additional 285,669 shares during the last quarter. Finally, Lido Advisors LLC raised its position in shares of Mizuho Financial Group by 9.2% during the fourth quarter. Lido Advisors LLC now owns 26,798 shares of the bank's stock worth $131,000 after acquiring an additional 2,249 shares during the last quarter. Institutional investors and hedge funds own 3.26% of the company's stock.

Mizuho Financial Group Trading Up 1.3%

Shares of MFG stock traded up $0.07 on Friday, reaching $5.56. 3,000,181 shares of the stock were exchanged, compared to its average volume of 1,966,804. The stock has a market cap of $70.04 billion, a PE ratio of 13.90, a P/E/G ratio of 0.76 and a beta of 0.38. Mizuho Financial Group, Inc. has a one year low of $3.45 and a one year high of $6.08. The company has a debt-to-equity ratio of 1.39, a current ratio of 0.97 and a quick ratio of 0.96. The stock has a 50 day moving average price of $5.07 and a 200 day moving average price of $5.21.

Mizuho Financial Group (NYSE:MFG - Get Free Report) last released its earnings results on Thursday, May 15th. The bank reported $0.03 earnings per share for the quarter, hitting analysts' consensus estimates of $0.03. The company had revenue of $12.84 billion during the quarter, compared to the consensus estimate of $5.38 billion. Mizuho Financial Group had a return on equity of 8.56% and a net margin of 7.85%. Equities research analysts forecast 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.