GeoWealth Management LLC Grows Stock Holdings in Mizuho Financial Group, Inc. (NYSE:MFG)

GeoWealth Management LLC lifted its position in Mizuho Financial Group, Inc. (NYSE:MFG) by 23.7% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 17,686 shares of the bank’s stock after buying an additional 3,386 shares during the period. GeoWealth Management LLC’s holdings in Mizuho Financial Group were worth $86,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Brighton Jones LLC boosted its stake in Mizuho Financial Group by 19.3% in the fourth quarter. Brighton Jones LLC now owns 12,343 shares of the bank’s stock valued at $60,000 after acquiring an additional 1,998 shares in the last quarter. Farther Finance Advisors LLC boosted its position in shares of Mizuho Financial Group by 10.8% in the 4th quarter. Farther Finance Advisors LLC now owns 21,129 shares of the bank’s stock worth $103,000 after purchasing an additional 2,054 shares in the last quarter. Bessemer Group Inc. grew its stake in Mizuho Financial Group by 51.5% during the 4th quarter. Bessemer Group Inc. now owns 6,430 shares of the bank’s stock worth $31,000 after buying an additional 2,187 shares during the last quarter. Pinnacle Wealth Planning Services Inc. increased its position in Mizuho Financial Group by 6.7% during the 4th quarter. Pinnacle Wealth Planning Services Inc. now owns 34,890 shares of the bank’s stock valued at $171,000 after buying an additional 2,188 shares in the last quarter. Finally, Lake Street Advisors Group LLC raised its stake in Mizuho Financial Group by 4.4% in the fourth quarter. Lake Street Advisors Group LLC now owns 52,243 shares of the bank’s stock valued at $255,000 after buying an additional 2,210 shares during the last quarter. Institutional investors own 3.26% of the company’s stock.

Mizuho Financial Group Price Performance

Shares of MFG stock opened at $4.95 on Friday. Mizuho Financial Group, Inc. has a fifty-two week low of $3.45 and a fifty-two week high of $6.08. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.96 and a current ratio of 0.97. The firm has a market capitalization of $62.35 billion, a price-to-earnings ratio of 12.38, a PEG ratio of 0.76 and a beta of 0.33. The stock’s 50-day simple moving average is $5.32 and its 200-day simple moving average is $5.04.

Mizuho Financial Group (NYSE:MFG) last released its earnings results on Monday, February 3rd. The bank reported $0.15 earnings per share for the quarter, topping the consensus estimate of $0.10 by $0.05. Mizuho Financial Group had a net margin of 7.85% and a return on equity of 8.56%. As a group, equities analysts forecast that Mizuho Financial Group, Inc. will post 0.42 earnings per share for the current fiscal year.

Mizuho Financial Group 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.