GAMMA Investing LLC lifted its stake 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 Securities and Exchange Commission. The firm owned 372,261 shares of the bank's stock after purchasing an additional 313,191 shares during the period. GAMMA Investing LLC's holdings in Mizuho Financial Group were worth $2,051,000 as of its most recent SEC filing.
Several other institutional investors also recently modified their holdings of the business. Bessemer Group Inc. increased its stake in Mizuho Financial Group by 51.5% during the 4th quarter. Bessemer Group Inc. now owns 6,430 shares of the bank's stock valued at $31,000 after purchasing an additional 2,187 shares in the last quarter. CogentBlue Wealth Advisors LLC bought a new stake in shares of Mizuho Financial Group during the fourth quarter valued at approximately $50,000. BIP Alliance LLC bought a new stake in shares of Mizuho Financial Group during the fourth quarter valued at approximately $51,000. Seeds Investor LLC bought a new stake in Mizuho Financial Group in the fourth quarter worth $52,000. Finally, Sierra Ocean LLC bought a new position in Mizuho Financial Group during the fourth quarter valued at $55,000. 3.26% of the stock is currently owned by institutional investors.
Mizuho Financial Group Trading Down 1.3%
MFG stock opened at $5.49 on Friday. The firm's fifty day simple moving average is $5.14 and its two-hundred day simple moving average is $5.25. The company has a quick ratio of 0.96, a current ratio of 0.97 and a debt-to-equity ratio of 1.39. The stock has a market capitalization of $69.09 billion, a price-to-earnings ratio of 13.71, a price-to-earnings-growth ratio of 0.76 and a beta of 0.40. Mizuho Financial Group, Inc. has a twelve month low of $3.45 and a twelve month high of $6.08.
Mizuho Financial Group (NYSE:MFG - Get Free Report) last posted its quarterly earnings results on Thursday, May 15th. The bank reported $0.03 EPS for the quarter, hitting analysts' consensus estimates of $0.03. The firm had revenue of $12.84 billion for the quarter, compared to analysts' expectations of $5.38 billion. Mizuho Financial Group had a net margin of 7.85% and a return on equity of 8.56%. 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
(
Free Report)
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.
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