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

Vanguard Capital Wealth Advisors raised its stake in Mizuho Financial Group, Inc. (NYSE:MFG) by 7.0% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 119,177 shares of the bank’s stock after purchasing an additional 7,776 shares during the period. Vanguard Capital Wealth Advisors’ holdings in Mizuho Financial Group were worth $410,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Ingalls & Snyder LLC bought a new stake in shares of Mizuho Financial Group during the 3rd quarter valued at about $34,000. Russell Investments Group Ltd. grew its position in Mizuho Financial Group by 144.3% in the 4th quarter. Russell Investments Group Ltd. now owns 10,308 shares of the bank’s stock worth $35,000 after purchasing an additional 6,088 shares during the last quarter. Envestnet Portfolio Solutions Inc. bought a new position in Mizuho Financial Group in the 3rd quarter worth about $37,000. Wedmont Private Capital bought a new position in Mizuho Financial Group in the 4th quarter worth about $38,000. Finally, Waldron Private Wealth LLC acquired a new stake in shares of Mizuho Financial Group in the 3rd quarter worth approximately $40,000. Institutional investors own 3.26% of the company’s stock.

Mizuho Financial Group Price Performance

Shares of NYSE:MFG remained flat at $3.87 during trading on Tuesday. 489,535 shares of the stock were exchanged, compared to its average volume of 1,060,557. The business’s fifty day moving average is $3.90 and its two-hundred day moving average is $3.62. The firm has a market cap of $48.87 billion, a price-to-earnings ratio of 10.75, a PEG ratio of 0.73 and a beta of 0.42. Mizuho Financial Group, Inc. has a 12 month low of $2.81 and a 12 month high of $4.32.

Mizuho Financial Group (NYSE:MFG) last issued its quarterly earnings results on Friday, February 2nd. The bank reported $0.11 earnings per share for the quarter. Mizuho Financial Group had a net margin of 8.48% and a return on equity of 6.72%. The company had revenue of $12.97 billion during the quarter. On average, research analysts forecast that Mizuho Financial Group, Inc. will post 0.36 EPS for the current 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.