Cubist Systematic Strategies LLC Increases Holdings in Mizuho Financial Group, Inc. (NYSE:MFG)

Cubist Systematic Strategies LLC grew its holdings in shares of Mizuho Financial Group, Inc. (NYSE:MFG - Free Report) by 1,434.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 391,221 shares of the bank's stock after purchasing an additional 365,721 shares during the quarter. Cubist Systematic Strategies LLC's holdings in Mizuho Financial Group were worth $1,913,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in MFG. Wilmington Savings Fund Society FSB bought a new stake in shares of Mizuho Financial Group in the 3rd quarter worth approximately $25,000. Spire Wealth Management raised its holdings in shares of Mizuho Financial Group by 377.8% in the 4th quarter. Spire Wealth Management now owns 5,504 shares of the bank's stock worth $27,000 after purchasing an additional 4,352 shares during the period. Bessemer Group Inc. raised its holdings in shares of Mizuho Financial Group by 51.5% in the 4th quarter. Bessemer Group Inc. now owns 6,430 shares of the bank's stock worth $31,000 after purchasing an additional 2,187 shares during the period. CogentBlue Wealth Advisors LLC bought a new stake in shares of Mizuho Financial Group in the 4th quarter worth approximately $50,000. Finally, Seeds Investor LLC bought a new stake in shares of Mizuho Financial Group in the 4th quarter worth approximately $52,000. 3.26% of the stock is owned by hedge funds and other institutional investors.

Mizuho Financial Group Trading Up 2.2%

NYSE:MFG opened at $5.08 on Monday. Mizuho Financial Group, Inc. has a 12 month low of $3.45 and a 12 month high of $6.08. The firm's 50 day moving average is $5.18 and its 200 day moving average is $5.11. The stock has a market capitalization of $63.99 billion, a PE ratio of 12.70, a price-to-earnings-growth ratio of 0.76 and a beta of 0.38. The company has a current ratio of 0.97, a quick ratio of 0.96 and a debt-to-equity ratio of 1.39.

Mizuho Financial Group (NYSE:MFG - Get Free Report) last released its quarterly earnings data on Monday, February 3rd. The bank reported $0.15 EPS for the quarter, beating 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%. Sell-side analysts expect 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.

Want to see what other hedge funds are holding MFG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Mizuho Financial Group, Inc. (NYSE:MFG - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.