Atomi Financial Group Inc. Boosts Stock Position in Mizuho Financial Group, Inc. (NYSE:MFG)

by · The Markets Daily

Atomi Financial Group Inc. grew its holdings in shares of Mizuho Financial Group, Inc. (NYSE:MFG – Free Report) by 4.0% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 115,399 shares of the bank’s stock after buying an additional 4,462 shares during the period. Atomi Financial Group Inc.’s holdings in Mizuho Financial Group were worth $482,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also made changes to their positions in the business. Goldman Sachs Group Inc. lifted its stake in Mizuho Financial Group by 4.1% during the fourth quarter. Goldman Sachs Group Inc. now owns 12,482,281 shares of the bank’s stock worth $42,939,000 after purchasing an additional 488,978 shares during the last quarter. American Century Companies Inc. lifted its position in shares of Mizuho Financial Group by 10.9% during the 2nd quarter. American Century Companies Inc. now owns 2,391,343 shares of the bank’s stock worth $10,115,000 after buying an additional 234,972 shares during the last quarter. Natixis Advisors LLC lifted its position in shares of Mizuho Financial Group by 3.2% during the 2nd quarter. Natixis Advisors LLC now owns 743,706 shares of the bank’s stock worth $3,146,000 after buying an additional 22,802 shares during the last quarter. Creative Planning boosted its holdings in shares of Mizuho Financial Group by 13.5% in the 2nd quarter. Creative Planning now owns 738,074 shares of the bank’s stock valued at $3,122,000 after buying an additional 88,011 shares in the last quarter. Finally, QRG Capital Management Inc. grew its position in shares of Mizuho Financial Group by 4.7% in the 2nd quarter. QRG Capital Management Inc. now owns 653,268 shares of the bank’s stock valued at $2,763,000 after buying an additional 29,169 shares during the last quarter. 3.26% of the stock is owned by institutional investors and hedge funds.

Mizuho Financial Group Price Performance

Shares of MFG opened at $4.16 on Friday. The company has a debt-to-equity ratio of 1.22, a current ratio of 0.96 and a quick ratio of 0.96. Mizuho Financial Group, Inc. has a 1-year low of $3.14 and a 1-year high of $4.63. The stock has a market cap of $52.65 billion, a PE ratio of 13.85, a price-to-earnings-growth ratio of 0.67 and a beta of 0.39. The firm has a fifty day moving average price of $4.09 and a 200 day moving average price of $4.07.

Mizuho Financial Group (NYSE:MFG – Get Free Report) last posted its earnings results on Wednesday, July 31st. The bank reported $0.13 EPS for the quarter, topping analysts’ consensus estimates of $0.11 by $0.02. The business had revenue of $15.27 billion for the quarter. Mizuho Financial Group had a return on equity of 6.64% and a net margin of 6.38%. As a group, sell-side analysts anticipate that Mizuho Financial Group, Inc. will post 0.45 EPS for the current year.

Mizuho Financial Group Profile

(Free Report)

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.

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