93,763 Mizuho Financial Group, Inc. $MFG Shares Bought by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. boosted its stake in Mizuho Financial Group, Inc. (NYSE:MFG) by 21.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 532,810 shares of the bank’s stock after buying an additional 93,763 shares during the period. TD Waterhouse Canada Inc.’s holdings in Mizuho Financial Group were worth $5,729,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Quantinno Capital Management LP lifted its stake in shares of Mizuho Financial Group by 58.8% in the 1st quarter. Quantinno Capital Management LP now owns 2,906,954 shares of the bank’s stock valued at $23,081,000 after purchasing an additional 1,076,717 shares during the period. XY Capital Ltd purchased a new stake in Mizuho Financial Group in the first quarter worth $2,898,000. WINTON GROUP Ltd grew its stake in Mizuho Financial Group by 787.6% in the second quarter. WINTON GROUP Ltd now owns 229,000 shares of the bank’s stock worth $2,194,000 after purchasing an additional 203,200 shares during the period. Engineers Gate Manager LP bought a new position in Mizuho Financial Group in the second quarter worth $1,067,000. Finally, Lido Advisors LLC raised its holdings in Mizuho Financial Group by 435.8% in the first quarter. Lido Advisors LLC now owns 226,552 shares of the bank’s stock worth $1,799,000 after purchasing an additional 184,271 shares in the last quarter. 3.26% of the stock is owned by institutional investors.

Analyst Ratings Changes

Separately, Weiss Ratings raised Mizuho Financial Group from a “buy (a-)” rating to a “buy (a)” rating in a research report on Thursday, October 8th. One analyst has rated the stock with a Strong Buy rating. Based on data from MarketBeat.com, Mizuho Financial Group has an average rating of “Strong Buy”.

Mizuho Financial Group Stock Performance

Shares of MFG stock opened at $10.06 on Tuesday. Mizuho Financial Group, Inc. has a one year low of $6.37 and a one year high of $11.49. The company’s 50-day moving average is $10.78 and its 200 day moving average is $9.90. The company has a market capitalization of $124.31 billion, a price-to-earnings ratio of 12.27, a price-to-earnings-growth ratio of 0.67 and a beta of 0.48. The company has a debt-to-equity ratio of 1.53, a quick ratio of 0.93 and a current ratio of 0.93.

Mizuho Financial Group (NYSE:MFG) last released its quarterly earnings data on Thursday, July 30th. The bank reported $0.22 earnings per share for the quarter, beating analysts’ consensus estimates of $0.17 by $0.05. The business had revenue of $8.55 billion during the quarter, compared to analyst estimates of $5.51 billion. Mizuho Financial Group had a net margin of 17.15% and a return on equity of 12.82%. Sell-side analysts expect that Mizuho Financial Group, Inc. will post 0.75 EPS for the current fiscal year.

About Mizuho Financial Group

Mizuho Financial Group, Inc is a Japan-based financial services holding company headquartered in Tokyo. Through its subsidiaries, the group provides banking, trust banking, securities, asset management, and other financial services to individuals, businesses, financial institutions, and public-sector organizations.

Its principal businesses include deposits and lending, payments and settlement services, foreign exchange, investment banking, securities brokerage and underwriting, trust and asset management, wealth management, and corporate advisory services.