Two Sigma Investments LP Decreases Stake in Mizuho Financial Group, Inc. (NYSE:MFG)

Two Sigma Investments LP reduced its position in shares of Mizuho Financial Group, Inc. (NYSE:MFG - Free Report) by 84.5% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 35,369 shares of the bank's stock after selling 193,081 shares during the quarter. Two Sigma Investments LP's holdings in Mizuho Financial Group were worth $173,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Lazard Asset Management LLC raised its position in shares of Mizuho Financial Group by 54.7% in the 4th quarter. Lazard Asset Management LLC now owns 23,558,714 shares of the bank's stock worth $115,201,000 after acquiring an additional 8,329,657 shares in the last quarter. Northern Trust Corp raised its holdings in Mizuho Financial Group by 86.1% in the fourth quarter. Northern Trust Corp now owns 9,743,983 shares of the bank's stock worth $47,648,000 after purchasing an additional 4,508,649 shares in the last quarter. Bank of America Corp DE raised its holdings in Mizuho Financial Group by 18.0% in the fourth quarter. Bank of America Corp DE now owns 16,121,663 shares of the bank's stock worth $78,835,000 after purchasing an additional 2,454,233 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Mizuho Financial Group during the fourth quarter valued at about $5,951,000. Finally, Wells Fargo & Company MN grew its position in shares of Mizuho Financial Group by 48.5% in the 4th quarter. Wells Fargo & Company MN now owns 3,038,291 shares of the bank's stock worth $14,857,000 after buying an additional 992,900 shares during the last quarter. 3.26% of the stock is owned by institutional investors.

Mizuho Financial Group Stock Down 1.3%

Shares of NYSE MFG traded down $0.08 during trading hours on Friday, hitting $5.49. 2,388,926 shares of the stock were exchanged, compared to its average volume of 2,009,100. Mizuho Financial Group, Inc. has a 12 month low of $3.45 and a 12 month high of $6.08. The firm has a fifty day moving average price of $5.12 and a 200-day moving average price of $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 company has a market cap of $69.09 billion, a PE ratio of 13.71, a PEG ratio of 0.76 and a beta of 0.40.

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 for the quarter, hitting analysts' consensus estimates of $0.03. Mizuho Financial Group had a return on equity of 8.56% and a net margin of 7.85%. The firm had revenue of $12.84 billion during the quarter, compared to analysts' expectations of $5.38 billion. On average, sell-side analysts expect 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.