Huntington National Bank Grows Stock Holdings in Mizuho Financial Group, Inc. (NYSE:MFG)

Huntington National Bank lifted its stake in shares of Mizuho Financial Group, Inc. (NYSE:MFG) by 55.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 37,279 shares of the bank’s stock after acquiring an additional 13,241 shares during the quarter. Huntington National Bank’s holdings in Mizuho Financial Group were worth $182,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Raymond James Financial Inc. purchased a new position in Mizuho Financial Group during the 4th quarter worth $5,951,000. Point72 Asset Management L.P. increased its stake in shares of Mizuho Financial Group by 2,151.3% during the third quarter. Point72 Asset Management L.P. now owns 570,800 shares of the bank’s stock valued at $2,386,000 after buying an additional 545,446 shares during the period. Orion Portfolio Solutions LLC raised its holdings in shares of Mizuho Financial Group by 473.0% in the third quarter. Orion Portfolio Solutions LLC now owns 421,624 shares of the bank’s stock valued at $1,762,000 after acquiring an additional 348,046 shares in the last quarter. Sanctuary Advisors LLC lifted its stake in Mizuho Financial Group by 1,077.4% in the third quarter. Sanctuary Advisors LLC now owns 278,847 shares of the bank’s stock worth $1,166,000 after acquiring an additional 255,164 shares during the period. Finally, Zions Bancorporation N.A. grew its holdings in Mizuho Financial Group by 158.5% during the 4th quarter. Zions Bancorporation N.A. now owns 406,459 shares of the bank’s stock worth $1,988,000 after acquiring an additional 249,207 shares in the last quarter. Institutional investors own 3.26% of the company’s stock.

Mizuho Financial Group Trading Down 14.4 %

NYSE:MFG opened at $4.25 on Friday. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.96 and a current ratio of 0.97. The firm has a 50-day simple moving average of $5.61 and a 200-day simple moving average of $4.99. Mizuho Financial Group, Inc. has a one year low of $3.45 and a one year high of $6.08. The firm has a market cap of $53.79 billion, a P/E ratio of 10.61, a P/E/G ratio of 0.76 and a beta of 0.33.

Mizuho Financial Group (NYSE:MFG) last issued its quarterly earnings data on Monday, February 3rd. The bank reported $0.15 EPS for the quarter, topping analysts’ consensus estimates of $0.10 by $0.05. Mizuho Financial Group had a net margin of 7.85% and a return on equity of 8.56%. Equities analysts anticipate that Mizuho Financial Group, Inc. will post 0.42 EPS for the current fiscal year.

About Mizuho Financial Group

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.