Mizuho Financial Group Inc. (NYSE:MFG) has been given a consensus rating of “Hold” by the seven ratings firms that are currently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation and six have given a hold recommendation to the company.
Several analysts have issued reports on MFG shares. Morgan Stanley cut Mizuho Financial Group from an “overweight” rating to an “equal weight” rating in a report on Thursday, November 30th. Zacks Investment Research raised Mizuho Financial Group from a “sell” rating to a “hold” rating in a research note on Saturday, December 2nd. Finally, Goldman Sachs Group lowered Mizuho Financial Group from a “buy” rating to a “neutral” rating in a research note on Friday, January 19th.
Several institutional investors have recently made changes to their positions in the company. Parametric Portfolio Associates LLC lifted its stake in shares of Mizuho Financial Group by 6.2% in the 3rd quarter. Parametric Portfolio Associates LLC now owns 7,419,856 shares of the bank’s stock valued at $26,340,000 after purchasing an additional 431,030 shares during the last quarter. Aperio Group LLC lifted its stake in Mizuho Financial Group by 4.6% during the 4th quarter. Aperio Group LLC now owns 3,262,048 shares of the bank’s stock worth $11,874,000 after acquiring an additional 143,787 shares in the last quarter. Goldman Sachs Group Inc. lifted its stake in Mizuho Financial Group by 6.9% during the 2nd quarter. Goldman Sachs Group Inc. now owns 2,863,837 shares of the bank’s stock worth $10,510,000 after acquiring an additional 185,959 shares in the last quarter. Crossmark Global Holdings Inc. lifted its stake in Mizuho Financial Group by 1.6% during the 4th quarter. Crossmark Global Holdings Inc. now owns 2,546,753 shares of the bank’s stock worth $9,270,000 after acquiring an additional 41,067 shares in the last quarter. Finally, Royal Bank of Canada lifted its stake in Mizuho Financial Group by 490,920.8% during the 2nd quarter. Royal Bank of Canada now owns 2,096,659 shares of the bank’s stock worth $7,696,000 after acquiring an additional 2,096,232 shares in the last quarter. 0.33% of the stock is currently owned by institutional investors and hedge funds.
Shares of Mizuho Financial Group (MFG) traded down $0.06 during trading hours on Tuesday, reaching $3.63. The company’s stock had a trading volume of 92,378 shares, compared to its average volume of 437,904. The company has a current ratio of 0.91, a quick ratio of 0.90 and a debt-to-equity ratio of 0.80. The stock has a market cap of $46,039.72, a PE ratio of 9.08 and a beta of 1.18. Mizuho Financial Group has a 12 month low of $3.37 and a 12 month high of $4.00.
Mizuho Financial Group (NYSE:MFG) last issued its earnings results on Wednesday, January 31st. The bank reported $0.10 earnings per share (EPS) for the quarter. The company had revenue of $8.06 billion during the quarter. Mizuho Financial Group had a return on equity of 5.88% and a net margin of 16.11%. analysts predict that Mizuho Financial Group will post 0.42 EPS for the current year.
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Mizuho Financial Group Company Profile
Mizuho Financial Group, Inc (MHFG) is a financial holding company. The Company, through its subsidiaries, provides domestic and international financial services in Japan and other countries. The Company’s segments include MHBK, MHTB, MHSC and Others. The MHBK segment includes Personal Banking; Retail Banking; Corporate Banking (Large Corporations); Corporate Banking; Financial Institutions & Public Sector Business; International Banking, and Trading and others.
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