Huntington National Bank Boosts Holdings in Mizuho Financial Group, Inc. (NYSE:MFG)

Huntington National Bank grew its position in Mizuho Financial Group, Inc. (NYSE:MFG) by 55.1% during the 4th quarter, Holdings Channel.com reports. The firm owned 37,279 shares of the bank’s stock after purchasing an additional 13,241 shares during the period. Huntington National Bank’s holdings in Mizuho Financial Group were worth $182,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in MFG. Wilmington Savings Fund Society FSB acquired a new stake in shares of Mizuho Financial Group in the 3rd quarter worth $25,000. Spire Wealth Management raised its stake in Mizuho Financial Group by 377.8% in the fourth quarter. Spire Wealth Management now owns 5,504 shares of the bank’s stock valued at $27,000 after buying an additional 4,352 shares during the last quarter. TD Private Client Wealth LLC boosted its holdings in Mizuho Financial Group by 683.9% in the third quarter. TD Private Client Wealth LLC now owns 8,419 shares of the bank’s stock worth $35,000 after acquiring an additional 7,345 shares in the last quarter. CogentBlue Wealth Advisors LLC purchased a new stake in shares of Mizuho Financial Group during the fourth quarter worth about $50,000. Finally, Sierra Ocean LLC acquired a new position in shares of Mizuho Financial Group during the fourth quarter valued at about $55,000. 3.26% of the stock is owned by institutional investors and hedge funds.

Mizuho Financial Group Stock Down 14.4 %

MFG stock opened at $4.25 on Friday. The stock has a market capitalization of $53.79 billion, a PE ratio of 10.61, a price-to-earnings-growth ratio of 0.76 and a beta of 0.33. Mizuho Financial Group, Inc. has a 52 week low of $3.45 and a 52 week high of $6.08. The company has a quick ratio of 0.96, a current ratio of 0.97 and a debt-to-equity ratio of 1.39. The firm has a 50 day moving average of $5.61 and a 200 day moving average of $4.99.

Mizuho Financial Group (NYSE:MFG) last posted its quarterly earnings data on Monday, February 3rd. The bank reported $0.15 EPS for the quarter, topping 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%. Sell-side analysts forecast that Mizuho Financial Group, Inc. will post 0.42 earnings per share 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.