Mizuho Financial Group, Inc. (NYSE:MFG - Get Free Report) saw an uptick in trading volume on Friday . 8,493,650 shares changed hands during mid-day trading, an increase of 287% from the previous session's volume of 2,195,008 shares.The stock last traded at $5.52 and had previously closed at $5.52.
Mizuho Financial Group Stock Performance
The company has a debt-to-equity ratio of 1.41, a current ratio of 0.99 and a quick ratio of 0.99. The business has a 50-day simple moving average of $5.43 and a 200 day simple moving average of $5.33. The firm has a market cap of $69.34 billion, a PE ratio of 11.71, a PEG ratio of 0.63 and a beta of 0.38.
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, meeting analysts' consensus estimates of $0.03. Mizuho Financial Group had a net margin of 9.81% and a return on equity of 10.37%. The company had revenue of $12.84 billion for the quarter, compared to analysts' expectations of $5.38 billion. Equities research analysts forecast that Mizuho Financial Group, Inc. will post 0.42 EPS for the current year.
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of the company. Allspring Global Investments Holdings LLC grew its holdings in Mizuho Financial Group by 3.0% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 101,716 shares of the bank's stock valued at $550,000 after buying an additional 2,918 shares in the last quarter. GAMMA Investing LLC grew its holdings in Mizuho Financial Group by 14.4% during the 1st quarter. GAMMA Investing LLC now owns 67,561 shares of the bank's stock valued at $372,000 after buying an additional 8,491 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in Mizuho Financial Group by 21.0% during the 4th quarter. Bank of New York Mellon Corp now owns 831,018 shares of the bank's stock valued at $4,064,000 after buying an additional 144,353 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in Mizuho Financial Group by 20.0% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 952,107 shares of the bank's stock valued at $4,656,000 after buying an additional 158,478 shares in the last quarter. Finally, Vanguard Capital Wealth Advisors grew its holdings in Mizuho Financial Group by 129.5% during the 4th quarter. Vanguard Capital Wealth Advisors now owns 157,004 shares of the bank's stock valued at $768,000 after buying an additional 88,603 shares in the last quarter. Hedge funds and other institutional investors own 3.26% of the company's stock.
About Mizuho Financial Group
(
Get Free Report)
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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