Zions Bancorporation N.A. Has $1.99 Million Stock Holdings in Mizuho Financial Group, Inc. (NYSE:MFG)

Zions Bancorporation N.A. increased its position in shares of Mizuho Financial Group, Inc. (NYSE:MFG) by 158.5% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 406,459 shares of the bank’s stock after purchasing an additional 249,207 shares during the quarter. Zions Bancorporation N.A.’s holdings in Mizuho Financial Group were worth $1,988,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the company. FMR LLC increased its holdings in shares of Mizuho Financial Group by 31.0% during the third quarter. FMR LLC now owns 17,622,960 shares of the bank’s stock worth $73,664,000 after buying an additional 4,167,234 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in Mizuho Financial Group during the 4th quarter valued at $5,951,000. Point72 Asset Management L.P. raised its position in Mizuho Financial Group by 2,151.3% in the 3rd quarter. Point72 Asset Management L.P. now owns 570,800 shares of the bank’s stock valued at $2,386,000 after purchasing an additional 545,446 shares during the last quarter. Orion Portfolio Solutions LLC boosted its stake in Mizuho Financial Group by 473.0% in the third quarter. Orion Portfolio Solutions LLC now owns 421,624 shares of the bank’s stock worth $1,762,000 after purchasing an additional 348,046 shares in the last quarter. Finally, Sanctuary Advisors LLC boosted its stake in Mizuho Financial Group by 1,077.4% in the third quarter. Sanctuary Advisors LLC now owns 278,847 shares of the bank’s stock worth $1,166,000 after purchasing an additional 255,164 shares in the last quarter. 3.26% of the stock is owned by institutional investors.

Mizuho Financial Group Stock Performance

Shares of NYSE:MFG opened at $5.86 on Wednesday. The business has a fifty day moving average of $5.57 and a 200-day moving average of $4.92. 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, Inc. has a twelve month low of $3.45 and a twelve month high of $6.08. The firm has a market cap of $74.26 billion, a PE ratio of 14.65, a price-to-earnings-growth ratio of 0.76 and a beta of 0.39.

Mizuho Financial Group (NYSE:MFG) last issued its quarterly earnings data on Monday, February 3rd. The bank reported $0.15 EPS for the quarter, topping analysts’ consensus estimates of $0.10 by $0.05. Mizuho Financial Group had a net margin of 7.85% and a return on equity of 8.56%. On average, equities research analysts predict that Mizuho Financial Group, Inc. will post 0.42 EPS for the current fiscal year.

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.