Mercer Global Advisors Inc. ADV Has $785,000 Holdings in Mizuho Financial Group, Inc. (NYSE:MFG)

Mercer Global Advisors Inc. ADV lessened its holdings in Mizuho Financial Group, Inc. (NYSE:MFG - Free Report) by 23.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 160,504 shares of the bank's stock after selling 50,422 shares during the quarter. Mercer Global Advisors Inc. ADV's holdings in Mizuho Financial Group were worth $785,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of MFG. Northern Trust Corp increased its holdings in Mizuho Financial Group by 86.1% in the fourth 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 in the last quarter. Raymond James Financial Inc. purchased a new position in shares of Mizuho Financial Group during the 4th quarter worth about $5,951,000. Wells Fargo & Company MN lifted its holdings in shares of Mizuho Financial Group by 48.5% during the 4th quarter. Wells Fargo & Company MN now owns 3,038,291 shares of the bank's stock worth $14,857,000 after acquiring an additional 992,900 shares during the period. Renaissance Technologies LLC increased its holdings in shares of Mizuho Financial Group by 16.5% during the 4th quarter. Renaissance Technologies LLC now owns 3,020,703 shares of the bank's stock worth $14,771,000 after buying an additional 427,400 shares during the last quarter. Finally, First Trust Advisors LP acquired a new position in shares of Mizuho Financial Group during the 4th quarter valued at $1,977,000. Institutional investors and hedge funds own 3.26% of the company's stock.

Mizuho Financial Group Stock Performance

Mizuho Financial Group stock traded down $0.14 during mid-day trading on Friday, reaching $5.12. The company's stock had a trading volume of 1,201,108 shares, compared to its average volume of 1,837,900. The firm has a market cap of $64.43 billion, a price-to-earnings ratio of 12.79, a PEG ratio of 0.76 and a beta of 0.38. The business has a 50 day moving average price of $5.15 and a 200-day moving average price of $5.13. The company has a current ratio of 0.97, a quick ratio of 0.96 and a debt-to-equity ratio of 1.39. Mizuho Financial Group, Inc. has a twelve month low of $3.45 and a twelve month high of $6.08.

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. The company had revenue of $12.84 billion during the quarter. Mizuho Financial Group had a net margin of 7.85% and a return on equity of 8.56%. Sell-side analysts predict that Mizuho Financial Group, Inc. will post 0.42 EPS for the current fiscal 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.