Pinnacle Wealth Planning Services Inc. Grows Stock Holdings in Mizuho Financial Group, Inc. (NYSE:MFG)

Pinnacle Wealth Planning Services Inc. raised its holdings in shares of Mizuho Financial Group, Inc. (NYSE:MFG) by 6.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 34,890 shares of the bank’s stock after purchasing an additional 2,188 shares during the quarter. Pinnacle Wealth Planning Services Inc.’s holdings in Mizuho Financial Group were worth $171,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Brighton Jones LLC lifted its holdings in shares of Mizuho Financial Group by 19.3% in the 4th quarter. Brighton Jones LLC now owns 12,343 shares of the bank’s stock valued at $60,000 after acquiring an additional 1,998 shares during the last quarter. Lake Street Advisors Group LLC raised its position in Mizuho Financial Group by 4.4% during the fourth quarter. Lake Street Advisors Group LLC now owns 52,243 shares of the bank’s stock valued at $255,000 after purchasing an additional 2,210 shares during the period. Rhumbline Advisers lifted its stake in shares of Mizuho Financial Group by 0.7% in the 4th quarter. Rhumbline Advisers now owns 330,565 shares of the bank’s stock valued at $1,616,000 after purchasing an additional 2,268 shares during the last quarter. Lindbrook Capital LLC boosted its holdings in shares of Mizuho Financial Group by 11.9% in the 4th quarter. Lindbrook Capital LLC now owns 22,001 shares of the bank’s stock worth $108,000 after purchasing an additional 2,336 shares during the period. Finally, Wealthstream Advisors Inc. increased its position in shares of Mizuho Financial Group by 10.4% during the 4th quarter. Wealthstream Advisors Inc. now owns 27,160 shares of the bank’s stock valued at $133,000 after purchasing an additional 2,552 shares during the last quarter. 3.26% of the stock is owned by hedge funds and other institutional investors.

Mizuho Financial Group Stock Performance

NYSE:MFG opened at $5.71 on Friday. The firm has a market capitalization of $72.30 billion, a PE ratio of 14.26, a PEG ratio of 0.76 and a beta of 0.39. The stock’s fifty day moving average is $5.37 and its 200 day moving average is $4.77. Mizuho Financial Group, Inc. has a fifty-two week low of $3.45 and a fifty-two week high of $5.91. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.96 and a current ratio of 0.97.

Mizuho Financial Group (NYSE:MFG) last released its earnings results on Monday, February 3rd. The bank reported $0.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.10 by $0.05. Mizuho Financial Group had a net margin of 7.85% and a return on equity of 8.56%. On average, sell-side analysts anticipate that Mizuho Financial Group, Inc. will post 0.42 earnings per share 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.