Mizuho Financial Group (NYSE:MFG) Sets New 52-Week High – Here’s What Happened

Mizuho Financial Group, Inc. (NYSE:MFG)’s stock price reached a new 52-week high on Friday . The stock traded as high as $5.75 and last traded at $5.72, with a volume of 38582 shares trading hands. The stock had previously closed at $5.60.

Mizuho Financial Group Stock Up 2.4 %

The firm’s 50 day moving average price is $5.14 and its two-hundred day moving average price is $4.60. The company has a market cap of $72.68 billion, a P/E ratio of 14.34, a price-to-earnings-growth ratio of 0.97 and a beta of 0.45. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.96 and a current ratio of 0.97.

Mizuho Financial Group (NYSE:MFG) last released its quarterly earnings data on Monday, February 3rd. The bank reported $0.15 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.05. Mizuho Financial Group had a net margin of 7.85% and a return on equity of 8.56%. Equities research analysts anticipate that Mizuho Financial Group, Inc. will post 0.42 EPS for the current fiscal year.

Institutional Trading of Mizuho Financial Group

Several hedge funds have recently bought and sold shares of the business. Jane Street Group LLC grew its position in Mizuho Financial Group by 1,776.5% in the 4th quarter. Jane Street Group LLC now owns 301,749 shares of the bank’s stock valued at $1,476,000 after purchasing an additional 285,669 shares during the period. Lido Advisors LLC grew its position in Mizuho Financial Group by 9.2% in the 4th quarter. Lido Advisors LLC now owns 26,798 shares of the bank’s stock valued at $131,000 after purchasing an additional 2,249 shares during the period. Northern Trust Corp grew 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 purchasing an additional 4,508,649 shares during the period. Coldstream Capital Management Inc. grew its position in Mizuho Financial Group by 55.6% in the 4th quarter. Coldstream Capital Management Inc. now owns 50,805 shares of the bank’s stock valued at $248,000 after purchasing an additional 18,155 shares during the period. Finally, Syon Capital LLC grew its position in Mizuho Financial Group by 54.0% in the 4th quarter. Syon Capital LLC now owns 54,461 shares of the bank’s stock valued at $266,000 after purchasing an additional 19,093 shares during the period. Institutional investors and hedge funds own 3.26% of the company’s stock.

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.