Lazard Asset Management LLC Has $115.20 Million Stake in Mizuho Financial Group, Inc. (NYSE:MFG)

Lazard Asset Management LLC lifted its position in shares of Mizuho Financial Group, Inc. (NYSE:MFG - Free Report) by 54.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 23,558,714 shares of the bank's stock after acquiring an additional 8,329,657 shares during the quarter. Lazard Asset Management LLC owned approximately 0.19% of Mizuho Financial Group worth $115,201,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Focus Partners Wealth boosted its stake in shares of Mizuho Financial Group by 48.1% during the fourth quarter. Focus Partners Wealth now owns 22,693 shares of the bank's stock valued at $111,000 after purchasing an additional 7,372 shares in the last quarter. Ethic Inc. raised its holdings in Mizuho Financial Group by 21.2% in the 4th quarter. Ethic Inc. now owns 332,717 shares of the bank's stock valued at $1,627,000 after buying an additional 58,123 shares during the last quarter. Cubist Systematic Strategies LLC boosted its position in Mizuho Financial Group by 1,434.2% during the 4th quarter. Cubist Systematic Strategies LLC now owns 391,221 shares of the bank's stock worth $1,913,000 after buying an additional 365,721 shares during the period. Cetera Investment Advisers grew its holdings in Mizuho Financial Group by 114.4% during the 4th quarter. Cetera Investment Advisers now owns 98,638 shares of the bank's stock worth $482,000 after acquiring an additional 52,621 shares during the last quarter. Finally, Bank of America Corp DE increased 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 acquiring an additional 2,454,233 shares during the period. Institutional investors own 3.26% of the company's stock.

Mizuho Financial Group Trading Down 0.2%

Shares of MFG stock traded down $0.01 during trading hours on Thursday, hitting $5.25. 2,649,516 shares of the company's stock traded hands, compared to its average volume of 1,840,294. The stock has a market cap of $66.13 billion, a PE ratio of 13.13, a price-to-earnings-growth ratio of 0.76 and a beta of 0.38. The stock's 50 day simple moving average is $5.15 and its 200 day simple moving average is $5.12. The company has a quick ratio of 0.96, a current ratio of 0.97 and a debt-to-equity ratio of 1.39. 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 announced its earnings results on Thursday, May 15th. The bank reported $0.03 earnings per share (EPS) for the quarter. Mizuho Financial Group had a return on equity of 8.56% and a net margin of 7.85%. On average, sell-side analysts anticipate that Mizuho Financial Group, Inc. will post 0.42 EPS for the current 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.