WINTON GROUP Ltd Purchases 203,200 Shares of Mizuho Financial Group, Inc. $MFG

WINTON GROUP Ltd lifted its position in shares of Mizuho Financial Group, Inc. (NYSE:MFG) by 787.6% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 229,000 shares of the bank’s stock after buying an additional 203,200 shares during the quarter. WINTON GROUP Ltd’s holdings in Mizuho Financial Group were worth $2,194,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the business. Morgan Stanley grew its stake in shares of Mizuho Financial Group by 5.7% in the fourth quarter. Morgan Stanley now owns 59,084,500 shares of the bank’s stock valued at $432,499,000 after acquiring an additional 3,166,984 shares in the last quarter. Natixis Advisors LLC increased its position in Mizuho Financial Group by 590.7% during the fourth quarter. Natixis Advisors LLC now owns 16,560,891 shares of the bank’s stock worth $121,226,000 after acquiring an additional 14,163,328 shares during the period. Goldman Sachs Group Inc. raised its stake in Mizuho Financial Group by 11.8% in the 4th quarter. Goldman Sachs Group Inc. now owns 16,266,878 shares of the bank’s stock worth $119,074,000 after purchasing an additional 1,716,932 shares in the last quarter. Bank of America Corp DE raised its stake in Mizuho Financial Group by 1.7% in the 3rd quarter. Bank of America Corp DE now owns 12,602,417 shares of the bank’s stock worth $84,436,000 after purchasing an additional 216,330 shares in the last quarter. Finally, Northern Trust Corp boosted its holdings in Mizuho Financial Group by 1.7% in the 3rd quarter. Northern Trust Corp now owns 10,314,793 shares of the bank’s stock valued at $69,109,000 after purchasing an additional 167,604 shares during the period. Institutional investors own 3.26% of the company’s stock.

Mizuho Financial Group Stock Up 3.6%

NYSE MFG opened at $11.46 on Friday. The business has a fifty day moving average price of $10.56 and a two-hundred day moving average price of $9.40. The company has a debt-to-equity ratio of 1.53, a current ratio of 0.93 and a quick ratio of 0.93. Mizuho Financial Group, Inc. has a fifty-two week low of $6.09 and a fifty-two week high of $11.49. The stock has a market capitalization of $141.48 billion, a PE ratio of 13.97, a PEG ratio of 0.88 and a beta of 0.46.

Mizuho Financial Group (NYSE:MFG) last issued its quarterly earnings results on Thursday, July 30th. The bank reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.17 by $0.05. Mizuho Financial Group had a return on equity of 12.82% and a net margin of 17.15%.The company had revenue of $8.55 billion for the quarter, compared to analyst estimates of $5.51 billion. Equities analysts expect that Mizuho Financial Group, Inc. will post 0.73 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, Weiss Ratings upgraded shares of Mizuho Financial Group from a “buy (b+)” rating to a “buy (a-)” rating in a research report on Wednesday, August 12th. One research analyst has rated the stock with a Strong Buy rating, According to MarketBeat.com, the stock presently has an average rating of “Strong Buy”.

Mizuho Financial Group Profile

Mizuho Financial Group, Inc is a Japan-based financial services group headquartered in Tokyo. Established in 2003 through the integration of Dai-Ichi Kangyo Bank, Fuji Bank and Industrial Bank of Japan, the group operates through a range of financial businesses serving individuals, companies, financial institutions and public-sector organizations.

Its principal activities include commercial and investment banking, trust banking, securities services, asset management, leasing, research and consulting.