Mizuho Financial Group, Inc. $MFG Stock Position Decreased by Orion Porfolio Solutions LLC

Orion Porfolio Solutions LLC decreased its holdings in shares of Mizuho Financial Group, Inc. (NYSE:MFG) by 16.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 464,073 shares of the bank’s stock after selling 90,341 shares during the quarter. Orion Porfolio Solutions LLC’s holdings in Mizuho Financial Group were worth $2,580,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Brighton Jones LLC grew its holdings in shares of Mizuho Financial Group by 19.3% during the fourth quarter. Brighton Jones LLC now owns 12,343 shares of the bank’s stock valued at $60,000 after purchasing an additional 1,998 shares during the last quarter. Charles Schwab Investment Management Inc. grew its stake in Mizuho Financial Group by 17.8% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,121,350 shares of the bank’s stock worth $6,179,000 after buying an additional 169,243 shares during the last quarter. HighTower Advisors LLC increased its position in Mizuho Financial Group by 2.0% in the first quarter. HighTower Advisors LLC now owns 338,814 shares of the bank’s stock worth $1,867,000 after buying an additional 6,512 shares during the period. Russell Investments Group Ltd. lifted its stake in Mizuho Financial Group by 40.4% in the first quarter. Russell Investments Group Ltd. now owns 130,246 shares of the bank’s stock valued at $718,000 after buying an additional 37,450 shares during the last quarter. Finally, American Century Companies Inc. lifted its stake in Mizuho Financial Group by 3.5% in the first quarter. American Century Companies Inc. now owns 2,845,350 shares of the bank’s stock valued at $15,678,000 after buying an additional 95,035 shares during the last quarter. Institutional investors own 3.26% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on MFG shares. Weiss Ratings reaffirmed a “buy (a-)” rating on shares of Mizuho Financial Group in a report on Monday. Zacks Research lowered shares of Mizuho Financial Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 25th. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Buy”.

Mizuho Financial Group Price Performance

Shares of NYSE MFG opened at $7.27 on Friday. The stock has a market cap of $90.79 billion, a P/E ratio of 13.21, a P/E/G ratio of 0.80 and a beta of 0.35. The firm’s 50-day simple moving average is $6.81 and its 200 day simple moving average is $6.34. Mizuho Financial Group, Inc. has a fifty-two week low of $4.04 and a fifty-two week high of $7.64. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 1.27.

Mizuho Financial Group (NYSE:MFG) last announced its earnings results on Friday, November 28th. The bank reported ($1.61) earnings per share (EPS) for the quarter. Mizuho Financial Group had a net margin of 11.57% and a return on equity of 9.20%. The company had revenue of $7.53 billion during the quarter. Equities analysts expect that Mizuho Financial Group, Inc. will post 0.42 EPS for the current 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.