Adero Partners LLC Has $90,000 Stake in Mizuho Financial Group, Inc. (NYSE:MFG)

Adero Partners LLC lifted its stake in shares of Mizuho Financial Group, Inc. (NYSE:MFG) by 30.6% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 18,428 shares of the bank’s stock after buying an additional 4,323 shares during the period. Adero Partners LLC’s holdings in Mizuho Financial Group were worth $90,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the stock. Brighton Jones LLC grew its position in shares of Mizuho Financial Group by 19.3% during the 4th quarter. Brighton Jones LLC now owns 12,343 shares of the bank’s stock worth $60,000 after buying an additional 1,998 shares during the period. Werba Rubin Papier Wealth Management lifted its holdings in shares of Mizuho Financial Group by 5.4% in the 3rd quarter. Werba Rubin Papier Wealth Management now owns 46,494 shares of the bank’s stock worth $194,000 after purchasing an additional 2,366 shares in the last quarter. Wedmont Private Capital lifted its holdings in shares of Mizuho Financial Group by 10.8% in the 3rd quarter. Wedmont Private Capital now owns 25,038 shares of the bank’s stock worth $107,000 after purchasing an additional 2,432 shares in the last quarter. Jane Street Group LLC lifted its holdings in shares of Mizuho Financial Group by 25.3% in the 3rd quarter. Jane Street Group LLC now owns 16,080 shares of the bank’s stock worth $67,000 after purchasing an additional 3,248 shares in the last quarter. Finally, Greenleaf Trust lifted its holdings in shares of Mizuho Financial Group by 6.0% in the 3rd quarter. Greenleaf Trust now owns 58,610 shares of the bank’s stock worth $245,000 after purchasing an additional 3,305 shares in the last quarter. Institutional investors and hedge funds own 3.26% of the company’s stock.

Mizuho Financial Group Price Performance

Shares of MFG opened at $5.65 on Friday. Mizuho Financial Group, Inc. has a 12-month low of $3.45 and a 12-month high of $5.66. The business’s fifty day moving average is $5.08 and its 200 day moving average is $4.55. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 1.15. The stock has a market cap of $71.54 billion, a P/E ratio of 15.26, a P/E/G ratio of 0.94 and a beta of 0.45.

Mizuho Financial Group (NYSE:MFG) last issued its earnings results on Monday, February 3rd. The bank reported $0.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.10 by $0.05. Mizuho Financial Group had a return on equity of 7.74% and a net margin of 7.69%. Sell-side analysts anticipate that Mizuho Financial Group, Inc. will post 0.42 earnings per share for the current fiscal year.

About Mizuho Financial Group

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.