GAMMA Investing LLC Has $2.05 Million Stake in Mizuho Financial Group, Inc. (NYSE:MFG)

GAMMA Investing LLC raised its holdings in Mizuho Financial Group, Inc. (NYSE:MFG - Free Report) by 530.2% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 372,261 shares of the bank's stock after purchasing an additional 313,191 shares during the quarter. GAMMA Investing LLC's holdings in Mizuho Financial Group were worth $2,051,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Pinnacle Wealth Planning Services Inc. increased its stake in shares of Mizuho Financial Group by 6.7% in the fourth quarter. Pinnacle Wealth Planning Services Inc. now owns 34,890 shares of the bank's stock valued at $171,000 after buying an additional 2,188 shares in the last quarter. Forum Financial Management LP grew its holdings in Mizuho Financial Group by 33.3% during the 4th quarter. Forum Financial Management LP now owns 364,094 shares of the bank's stock worth $1,780,000 after acquiring an additional 90,960 shares during the last quarter. BIP Alliance LLC acquired a new stake in Mizuho Financial Group in the 4th quarter valued at about $51,000. Vise Technologies Inc. increased its position in Mizuho Financial Group by 139.2% in the 4th quarter. Vise Technologies Inc. now owns 150,993 shares of the bank's stock valued at $738,000 after acquiring an additional 87,871 shares in the last quarter. Finally, Focus Partners Advisor Solutions LLC bought a new position in shares of Mizuho Financial Group in the fourth quarter worth about $64,000. Institutional investors and hedge funds own 3.26% of the company's stock.

Mizuho Financial Group Trading Down 1.4%

Shares of MFG traded down $0.08 during mid-day trading on Tuesday, hitting $5.44. 2,621,435 shares of the company traded hands, compared to its average volume of 2,032,402. The stock has a market capitalization of $68.46 billion, a price-to-earnings ratio of 11.56, a PEG ratio of 0.69 and a beta of 0.39. The business has a 50-day moving average of $5.18 and a 200 day moving average of $5.26. Mizuho Financial Group, Inc. has a one year low of $3.45 and a one year high of $6.08.

Mizuho Financial Group (NYSE:MFG - Get Free Report) last posted its quarterly earnings data on Thursday, May 15th. The bank reported $0.03 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.03. The firm had revenue of $12.84 billion for the quarter, compared to the consensus estimate of $5.38 billion. Mizuho Financial Group had a return on equity of 10.38% and a net margin of 9.81%. As a group, 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.