Mizuho Financial Group, Inc. $MFG Shares Bought by Lido Advisors LLC

Lido Advisors LLC grew its holdings in shares of Mizuho Financial Group, Inc. (NYSE:MFGFree Report) by 435.8% during the first quarter, Holdings Channel.com reports. The firm owned 226,552 shares of the bank’s stock after buying an additional 184,271 shares during the quarter. Lido Advisors LLC’s holdings in Mizuho Financial Group were worth $1,799,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. Parkside Financial Bank & Trust grew its position in Mizuho Financial Group by 72.9% in the 4th quarter. Parkside Financial Bank & Trust now owns 4,330 shares of the bank’s stock valued at $32,000 after buying an additional 1,825 shares in the last quarter. Brown Brothers Harriman & Co. boosted its holdings in shares of Mizuho Financial Group by 351.5% in the fourth quarter. Brown Brothers Harriman & Co. now owns 4,524 shares of the bank’s stock valued at $33,000 after acquiring an additional 3,522 shares in the last quarter. V Square Quantitative Management LLC acquired a new position in shares of Mizuho Financial Group during the first quarter valued at approximately $34,000. Kestra Advisory Services LLC bought a new stake in Mizuho Financial Group during the fourth quarter worth approximately $49,000. Finally, Caitong International Asset Management Co. Ltd bought a new stake in Mizuho Financial Group during the fourth quarter worth approximately $54,000. 3.26% of the stock is currently owned by institutional investors.

Mizuho Financial Group Stock Performance

Shares of NYSE MFG opened at $10.63 on Monday. The business’s 50-day moving average price is $9.77 and its two-hundred day moving average price is $8.97. Mizuho Financial Group, Inc. has a one year low of $5.74 and a one year high of $10.78. The company has a market capitalization of $131.35 billion, a P/E ratio of 13.99, a price-to-earnings-growth ratio of 0.87 and a beta of 0.46. The company has a debt-to-equity ratio of 1.82, a current ratio of 0.98 and a quick ratio of 0.98.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “buy (b+)” rating on shares of Mizuho Financial Group in a report on Friday, May 1st. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

Get Our Latest Report on Mizuho Financial Group

About Mizuho Financial Group

(Free Report)

Mizuho Financial Group, Inc is a major Japanese banking and financial services holding company headquartered in Tokyo. The group operates through a network of subsidiaries that provide a full range of retail, corporate and investment banking services. Its core businesses include deposit-taking and lending, transaction banking, cash management, trade finance and treasury services for both individual and institutional clients.

Beyond traditional commercial banking, Mizuho offers securities and capital markets services, investment banking, underwriting, M&A advisory, and asset management through its securities and trust banking arms.

Recommended Stories

Want to see what other hedge funds are holding MFG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Mizuho Financial Group, Inc. (NYSE:MFGFree Report).

Institutional Ownership by Quarter for Mizuho Financial Group (NYSE:MFG)

Receive News & Ratings for Mizuho Financial Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mizuho Financial Group and related companies with MarketBeat.com's FREE daily email newsletter.