Mizuho Financial Group, Inc. (NYSE:MFG) Shares Bought by M&T Bank Corp

M&T Bank Corp increased its position in Mizuho Financial Group, Inc. (NYSE:MFG) by 8.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 368,511 shares of the bank’s stock after buying an additional 27,588 shares during the quarter. M&T Bank Corp’s holdings in Mizuho Financial Group were worth $1,802,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of MFG. Natixis Advisors LLC lifted its holdings in Mizuho Financial Group by 351.2% in the 3rd quarter. Natixis Advisors LLC now owns 3,355,910 shares of the bank’s stock valued at $14,028,000 after acquiring an additional 2,612,204 shares during the last quarter. Sanctuary Advisors LLC raised its holdings in shares of Mizuho Financial Group by 1,077.4% in the 3rd quarter. Sanctuary Advisors LLC now owns 278,847 shares of the bank’s stock worth $1,166,000 after purchasing an additional 255,164 shares in the last quarter. Verdence Capital Advisors LLC acquired a new stake in Mizuho Financial Group during the third quarter valued at approximately $862,000. Zions Bancorporation N.A. boosted its holdings in Mizuho Financial Group by 3,594.0% during the third quarter. Zions Bancorporation N.A. now owns 157,252 shares of the bank’s stock worth $657,000 after buying an additional 152,995 shares in the last quarter. Finally, Orion Portfolio Solutions LLC boosted its holdings in Mizuho Financial Group by 473.0% during the third quarter. Orion Portfolio Solutions LLC now owns 421,624 shares of the bank’s stock worth $1,762,000 after buying an additional 348,046 shares in the last quarter. Institutional investors own 3.26% of the company’s stock.

Mizuho Financial Group Price Performance

NYSE MFG opened at $5.71 on Monday. Mizuho Financial Group, Inc. has a 1 year low of $3.45 and a 1 year high of $5.91. The business’s fifty day moving average is $5.37 and its two-hundred day moving average is $4.78. The stock has a market capitalization of $72.30 billion, a P/E ratio of 14.26, a P/E/G ratio of 0.76 and a beta of 0.39. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.96 and a current ratio of 0.97.

Mizuho Financial Group (NYSE:MFG) last announced its earnings results on Monday, February 3rd. The bank reported $0.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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, research analysts forecast 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.