US Bancorp DE Has $4.29 Million Stock Holdings in Mizuho Financial Group, Inc. (NYSE:MFG)

US Bancorp DE boosted its position in Mizuho Financial Group, Inc. (NYSE:MFG - Free Report) by 8.7% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 778,316 shares of the bank's stock after buying an additional 61,997 shares during the quarter. US Bancorp DE's holdings in Mizuho Financial Group were worth $4,289,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Lazard Asset Management LLC raised its position in Mizuho Financial Group by 54.7% in the 4th quarter. Lazard Asset Management LLC now owns 23,558,714 shares of the bank's stock valued at $115,201,000 after buying an additional 8,329,657 shares during the last quarter. Bank of America Corp DE raised its position in Mizuho Financial Group by 18.0% in the 4th quarter. Bank of America Corp DE now owns 16,121,663 shares of the bank's stock valued at $78,835,000 after buying an additional 2,454,233 shares during the last quarter. Northern Trust Corp raised its position in Mizuho Financial Group by 86.1% in the 4th quarter. Northern Trust Corp now owns 9,743,983 shares of the bank's stock valued at $47,648,000 after buying an additional 4,508,649 shares during the last quarter. Wells Fargo & Company MN raised its position in Mizuho Financial Group by 48.5% in the 4th quarter. Wells Fargo & Company MN now owns 3,038,291 shares of the bank's stock valued at $14,857,000 after buying an additional 992,900 shares during the last quarter. Finally, Renaissance Technologies LLC boosted its position in Mizuho Financial Group by 16.5% during the fourth quarter. Renaissance Technologies LLC now owns 3,020,703 shares of the bank's stock valued at $14,771,000 after purchasing an additional 427,400 shares during the last quarter. Institutional investors and hedge funds own 3.26% of the company's stock.

Mizuho Financial Group Stock Performance

Shares of NYSE MFG opened at $5.99 on Wednesday. The stock has a 50 day moving average price of $5.63 and a 200 day moving average price of $5.42. Mizuho Financial Group, Inc. has a 52 week low of $3.52 and a 52 week high of $6.24. The company has a debt-to-equity ratio of 1.21, a quick ratio of 0.96 and a current ratio of 0.96. The stock has a market capitalization of $75.39 billion, a PE ratio of 12.47, a price-to-earnings-growth ratio of 0.79 and a beta of 0.39.

Mizuho Financial Group (NYSE:MFG - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The bank reported $0.15 EPS for the quarter, meeting the consensus estimate of $0.15. Mizuho Financial Group had a return on equity of 8.48% and a net margin of 10.16%. The firm had revenue of $5.13 billion during the quarter, compared to analysts' expectations of $5.42 billion. Analysts predict that Mizuho Financial Group, Inc. will post 0.42 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen raised Mizuho Financial Group from a "sell" rating to a "hold" rating in a research report on Sunday.

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.

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