Mizuho Financial Group, Inc. (NYSE:MFG) Shares Bought by Vanguard Capital Wealth Advisors

Vanguard Capital Wealth Advisors raised its holdings in shares of Mizuho Financial Group, Inc. (NYSE:MFG) by 129.5% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 157,004 shares of the bank’s stock after buying an additional 88,603 shares during the period. Mizuho Financial Group comprises approximately 0.8% of Vanguard Capital Wealth Advisors’ investment portfolio, making the stock its 24th biggest position. Vanguard Capital Wealth Advisors’ holdings in Mizuho Financial Group were worth $768,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in MFG. Spire Wealth Management boosted its position in shares of Mizuho Financial Group by 377.8% in the fourth quarter. Spire Wealth Management now owns 5,504 shares of the bank’s stock worth $27,000 after buying an additional 4,352 shares during the period. Bessemer Group Inc. grew its position in Mizuho Financial Group by 51.5% during the fourth quarter. Bessemer Group Inc. now owns 6,430 shares of the bank’s stock valued at $31,000 after purchasing an additional 2,187 shares in the last quarter. CogentBlue Wealth Advisors LLC acquired a new position in Mizuho Financial Group in the 4th quarter valued at approximately $50,000. Seeds Investor LLC purchased a new stake in Mizuho Financial Group in the 4th quarter worth approximately $52,000. Finally, Sierra Ocean LLC purchased a new position in shares of Mizuho Financial Group during the 4th quarter valued at $55,000. Institutional investors and hedge funds own 3.26% of the company’s stock.

Mizuho Financial Group Stock Performance

Shares of NYSE MFG opened at $5.14 on Tuesday. The company has a market capitalization of $64.75 billion, a P/E ratio of 12.85, a price-to-earnings-growth ratio of 0.76 and a beta of 0.38. The company has a debt-to-equity ratio of 1.39, a current ratio of 0.97 and a quick ratio of 0.96. Mizuho Financial Group, Inc. has a one year low of $3.45 and a one year high of $6.08. The business’s 50-day moving average price is $5.13 and its two-hundred day moving average price is $5.15.

Mizuho Financial Group (NYSE:MFG) last issued its quarterly earnings data on Thursday, May 15th. The bank reported $0.03 earnings per share for the quarter. The firm had revenue of $12.84 billion for the quarter. Mizuho Financial Group had a net margin of 7.85% and a return on equity of 8.56%. Analysts anticipate that Mizuho Financial Group, Inc. will post 0.42 earnings per share for the current fiscal 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.