Mizuho Financial Group, Inc. (NYSE:MFG) Shares Bought by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. lifted its holdings in shares of Mizuho Financial Group, Inc. (NYSE:MFG) by 20.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 952,107 shares of the bank’s stock after buying an additional 158,478 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in Mizuho Financial Group were worth $4,656,000 as of its most recent SEC filing.

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

Mizuho Financial Group Price Performance

NYSE:MFG opened at $5.86 on Wednesday. The firm has a market cap of $74.26 billion, a P/E ratio of 14.65, a price-to-earnings-growth ratio of 0.76 and a beta of 0.39. The stock has a 50 day moving average of $5.57 and a two-hundred day moving average of $4.92. Mizuho Financial Group, Inc. has a 12 month low of $3.45 and a 12 month high of $6.08. The company has a current ratio of 0.97, a quick ratio of 0.96 and a debt-to-equity ratio of 1.39.

Mizuho Financial Group (NYSE:MFG) last posted its quarterly earnings data on Monday, February 3rd. The bank reported $0.15 EPS for the quarter, beating the consensus estimate of $0.10 by $0.05. Mizuho Financial Group had a return on equity of 8.56% and a net margin of 7.85%. On average, analysts expect 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.