14,826 Shares in Mizuho Financial Group, Inc. (NYSE:MFG) Purchased by Prospect Financial Group LLC

Prospect Financial Group LLC purchased a new stake in shares of Mizuho Financial Group, Inc. (NYSE:MFG) in the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 14,826 shares of the bank’s stock, valued at approximately $72,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Charles Schwab Investment Management Inc. raised its holdings in shares of Mizuho Financial Group by 11.8% during the third quarter. Charles Schwab Investment Management Inc. now owns 793,629 shares of the bank’s stock valued at $3,317,000 after acquiring an additional 83,655 shares in the last quarter. Eagle Asset Management Inc. increased its position in Mizuho Financial Group by 10.7% during the 3rd quarter. Eagle Asset Management Inc. now owns 203,259 shares of the bank’s stock valued at $917,000 after purchasing an additional 19,634 shares during the period. Cerity Partners LLC raised its holdings in Mizuho Financial Group by 43.8% in the 3rd quarter. Cerity Partners LLC now owns 657,915 shares of the bank’s stock worth $2,750,000 after purchasing an additional 200,318 shares in the last quarter. Fisher Asset Management LLC purchased a new stake in shares of Mizuho Financial Group in the 3rd quarter worth about $1,049,000. Finally, Hancock Whitney Corp purchased a new stake in shares of Mizuho Financial Group in the 3rd quarter worth about $110,000. Hedge funds and other institutional investors own 3.26% of the company’s stock.

Mizuho Financial Group Trading Down 2.2 %

Shares of MFG opened at $5.91 on Tuesday. The firm’s 50-day moving average price is $5.55 and its 200-day moving average price is $4.90. The company has a current ratio of 0.97, a quick ratio of 0.96 and a debt-to-equity ratio of 1.39. The firm has a market capitalization of $74.83 billion, a price-to-earnings ratio of 14.76, a PEG ratio of 0.76 and a beta of 0.39. Mizuho Financial Group, Inc. has a 1-year low of $3.45 and a 1-year high of $6.08.

Mizuho Financial Group (NYSE:MFG) last issued its quarterly earnings results 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 return on equity of 8.56% and a net margin of 7.85%. 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.