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

Cubist Systematic Strategies LLC boosted its position in Mizuho Financial Group, Inc. (NYSE:MFG - Free Report) by 1,434.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 391,221 shares of the bank's stock after acquiring 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 quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Jane Street Group LLC raised its holdings in Mizuho Financial Group by 25.3% during the third quarter. Jane Street Group LLC now owns 16,080 shares of the bank's stock worth $67,000 after purchasing an additional 3,248 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in Mizuho Financial Group during the third quarter worth approximately $25,000. JPMorgan Chase & Co. increased its holdings in shares of Mizuho Financial Group by 90.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 191,434 shares of the bank's stock valued at $800,000 after acquiring an additional 90,984 shares during the period. Aprio Wealth Management LLC increased its holdings in shares of Mizuho Financial Group by 28.8% in the 4th quarter. Aprio Wealth Management LLC now owns 26,483 shares of the bank's stock valued at $130,000 after acquiring an additional 5,916 shares during the period. Finally, PFW Advisors LLC acquired a new position in shares of Mizuho Financial Group in the 4th quarter valued at $58,000. Institutional investors and hedge funds own 3.26% of the company's stock.

Mizuho Financial Group Stock Performance

Shares of Mizuho Financial Group stock traded down $0.13 during trading on Friday, reaching $5.13. The company's stock had a trading volume of 2,547,953 shares, compared to its average volume of 1,848,614. The company has a 50-day moving average price of $5.14 and a two-hundred day moving average price of $5.14. The firm has a market cap of $64.56 billion, a PE ratio of 12.81, a P/E/G ratio of 0.76 and a beta of 0.38. Mizuho Financial Group, Inc. has a fifty-two week low of $3.45 and a fifty-two week high of $6.08. 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 announced its earnings results on Thursday, May 15th. The bank reported $0.03 EPS for the quarter. The business had revenue of $12.84 billion for the quarter. Mizuho Financial Group had a net margin of 7.85% and a return on equity of 8.56%. On average, analysts forecast that Mizuho Financial Group, Inc. will post 0.42 EPS for the current year.

Mizuho Financial Group Company 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.