Mizuho Financial Group, Inc. (NYSE:MFG - Get Free Report) shares gapped up before the market opened on Wednesday . The stock had previously closed at $5.30, but opened at $5.41. Mizuho Financial Group shares last traded at $5.44, with a volume of 214,738 shares trading hands.
Mizuho Financial Group Stock Performance
The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.96 and a current ratio of 0.97. The company has a market capitalization of $68.40 billion, a P/E ratio of 13.58, a P/E/G ratio of 0.76 and a beta of 0.38. The business's fifty day simple moving average is $5.10 and its 200-day simple moving average is $5.18.
Mizuho Financial Group (NYSE:MFG - Get Free Report) last issued its quarterly earnings data 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 return on equity of 8.56% and a net margin of 7.85%. The firm had revenue of $12.84 billion during the quarter, compared to analyst estimates of $5.38 billion. As a group, equities analysts anticipate that Mizuho Financial Group, Inc. will post 0.42 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
A number of hedge funds have recently modified their holdings of the business. Acadian Asset Management LLC increased its stake in shares of Mizuho Financial Group by 89.6% during the first quarter. Acadian Asset Management LLC now owns 13,663 shares of the bank's stock valued at $74,000 after buying an additional 6,455 shares during the period. Focus Partners Wealth boosted its holdings in shares of Mizuho Financial Group by 129.0% in the 1st quarter. Focus Partners Wealth now owns 51,966 shares of the bank's stock valued at $286,000 after buying an additional 29,273 shares in the last quarter. Ascent Group LLC purchased a new position in shares of Mizuho Financial Group in the 1st quarter worth approximately $152,000. Redwood Investments LLC bought a new position in shares of Mizuho Financial Group during the 1st quarter worth approximately $119,000. Finally, Goldman Sachs Group Inc. raised its stake in shares of Mizuho Financial Group by 0.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 14,508,417 shares of the bank's stock worth $79,941,000 after acquiring an additional 57,806 shares in the last quarter. 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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