Mizuho Financial Group, Inc. (NYSE:MFG) Shares Bought by Millennium Management LLC

Millennium Management LLC increased its holdings in shares of Mizuho Financial Group, Inc. (NYSE:MFG - Free Report) by 129.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,620,882 shares of the bank's stock after purchasing an additional 913,639 shares during the period. Millennium Management LLC's holdings in Mizuho Financial Group were worth $7,926,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. Spire Wealth Management lifted its stake 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 acquiring an additional 4,352 shares during the period. Bessemer Group Inc. raised its position in shares of Mizuho Financial Group by 51.5% in the fourth quarter. Bessemer Group Inc. now owns 6,430 shares of the bank's stock valued at $31,000 after buying an additional 2,187 shares during the last quarter. CogentBlue Wealth Advisors LLC acquired a new position in shares of Mizuho Financial Group in the fourth quarter valued at approximately $50,000. Seeds Investor LLC acquired a new position in Mizuho Financial Group during the fourth quarter worth approximately $52,000. Finally, Sierra Ocean LLC acquired a new position in Mizuho Financial Group during the fourth quarter worth approximately $55,000. Institutional investors and hedge funds own 3.26% of the company's stock.

Mizuho Financial Group Trading Down 1.8%

MFG traded down $0.10 during trading on Wednesday, hitting $5.56. 4,685,124 shares of the company's stock were exchanged, compared to its average volume of 1,942,838. 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, Inc. has a 1 year low of $3.45 and a 1 year high of $6.08. The stock has a 50 day moving average price of $5.09 and a 200 day moving average price of $5.19. The firm has a market cap of $70.04 billion, a P/E ratio of 13.90, a price-to-earnings-growth ratio of 0.76 and a beta of 0.38.

Mizuho Financial Group (NYSE:MFG - Get Free Report) last released its quarterly earnings results on Thursday, May 15th. The bank reported $0.03 earnings per share for the quarter, meeting analysts' consensus estimates of $0.03. Mizuho Financial Group had a net margin of 7.85% and a return on equity of 8.56%. The business had revenue of $12.84 billion during the quarter, compared to analyst estimates of $5.38 billion. As a group, analysts expect that Mizuho Financial Group, Inc. will post 0.42 EPS for the current fiscal 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.