Dimensional Fund Advisors LP Grows Stake in Mizuho Financial Group, Inc. (NYSE:MFG)

Dimensional Fund Advisors LP boosted its position in shares of Mizuho Financial Group, Inc. (NYSE:MFG) by 6.3% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 438,746 shares of the bank’s stock after purchasing an additional 26,182 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Mizuho Financial Group were worth $1,856,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Traveka Wealth LLC boosted its position in Mizuho Financial Group by 22.8% during the 2nd quarter. Traveka Wealth LLC now owns 12,793 shares of the bank’s stock valued at $54,000 after acquiring an additional 2,373 shares in the last quarter. PFW Advisors LLC boosted its position in Mizuho Financial Group by 25.4% during the 2nd quarter. PFW Advisors LLC now owns 13,241 shares of the bank’s stock valued at $56,000 after acquiring an additional 2,680 shares in the last quarter. Envestnet Portfolio Solutions Inc. boosted its position in Mizuho Financial Group by 26.6% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 12,896 shares of the bank’s stock valued at $51,000 after acquiring an additional 2,712 shares in the last quarter. Rhumbline Advisers boosted its position in Mizuho Financial Group by 0.8% during the 2nd quarter. Rhumbline Advisers now owns 325,847 shares of the bank’s stock valued at $1,378,000 after acquiring an additional 2,721 shares in the last quarter. Finally, Benjamin F. Edwards & Company Inc. boosted its position in Mizuho Financial Group by 8.9% during the 1st quarter. Benjamin F. Edwards & Company Inc. now owns 34,672 shares of the bank’s stock valued at $138,000 after acquiring an additional 2,819 shares in the last quarter. Institutional investors own 3.26% of the company’s stock.

Mizuho Financial Group Stock Up 2.5 %

Shares of NYSE MFG opened at $4.26 on Friday. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 1.22. The stock has a market capitalization of $53.92 billion, a PE ratio of 14.18, a price-to-earnings-growth ratio of 0.67 and a beta of 0.39. The stock’s fifty day simple moving average is $4.09 and its two-hundred day simple moving average is $4.08. Mizuho Financial Group, Inc. has a 12-month low of $3.14 and a 12-month high of $4.63.

Mizuho Financial Group (NYSE:MFG) last announced its earnings results on Wednesday, July 31st. The bank reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate 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, analysts expect that Mizuho Financial Group, Inc. will post 0.44 EPS for the current fiscal year.

Mizuho Financial Group Company 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.