Raymond James & Associates Has $447,000 Stock Holdings in Mizuho Financial Group, Inc. (NYSE:MFG)

Raymond James & Associates lowered its holdings in shares of Mizuho Financial Group, Inc. (NYSE:MFG) by 9.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 129,995 shares of the bank’s stock after selling 14,244 shares during the period. Raymond James & Associates’ holdings in Mizuho Financial Group were worth $447,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in MFG. FMR LLC boosted its holdings in shares of Mizuho Financial Group by 11.7% during the 3rd quarter. FMR LLC now owns 11,516,942 shares of the bank’s stock worth $39,503,000 after buying an additional 1,206,471 shares in the last quarter. QRG Capital Management Inc. acquired a new stake in Mizuho Financial Group in the third quarter worth $1,744,000. Advisor Partners II LLC increased its stake in Mizuho Financial Group by 57.4% in the third quarter. Advisor Partners II LLC now owns 475,714 shares of the bank’s stock valued at $1,632,000 after purchasing an additional 173,420 shares in the last quarter. Mariner LLC raised its holdings in shares of Mizuho Financial Group by 20.6% during the third quarter. Mariner LLC now owns 828,705 shares of the bank’s stock valued at $2,842,000 after purchasing an additional 141,362 shares during the period. Finally, American Century Companies Inc. boosted its position in shares of Mizuho Financial Group by 7.1% during the 3rd quarter. American Century Companies Inc. now owns 1,635,521 shares of the bank’s stock worth $5,610,000 after purchasing an additional 108,733 shares in the last quarter. 3.26% of the stock is currently owned by institutional investors.

Mizuho Financial Group Price Performance

Shares of Mizuho Financial Group stock opened at $3.85 on Friday. The business has a 50-day simple moving average of $3.90 and a 200 day simple moving average of $3.62. Mizuho Financial Group, Inc. has a one year low of $2.81 and a one year high of $4.32. The firm has a market capitalization of $49.63 billion, a price-to-earnings ratio of 10.69, a PEG ratio of 0.74 and a beta of 0.42.

Mizuho Financial Group (NYSE:MFG) last released its quarterly earnings data on Friday, February 2nd. The bank reported $0.11 EPS for the quarter. Mizuho Financial Group had a return on equity of 6.72% and a net margin of 8.48%. The firm had revenue of $12.97 billion during the quarter. On average, sell-side analysts expect that Mizuho Financial Group, Inc. will post 0.36 EPS for the current 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.