Mizuho Financial Group, Inc. (NYSE:MFG) Shares Purchased by Ingalls & Snyder LLC

Ingalls & Snyder LLC lifted its position in Mizuho Financial Group, Inc. (NYSE:MFG) by 100.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 20,000 shares of the bank’s stock after acquiring an additional 10,000 shares during the period. Ingalls & Snyder LLC’s holdings in Mizuho Financial Group were worth $69,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in the company. Clarius Group LLC boosted its stake in shares of Mizuho Financial Group by 138.3% in the fourth quarter. Clarius Group LLC now owns 40,470 shares of the bank’s stock worth $139,000 after acquiring an additional 23,488 shares during the last quarter. Sapient Capital LLC purchased a new stake in Mizuho Financial Group in the fourth quarter valued at $58,000. Cerity Partners LLC raised its holdings in shares of Mizuho Financial Group by 17.4% in the 4th quarter. Cerity Partners LLC now owns 362,644 shares of the bank’s stock valued at $1,247,000 after buying an additional 53,733 shares during the period. Prime Capital Investment Advisors LLC purchased a new stake in shares of Mizuho Financial Group in the 4th quarter valued at $141,000. Finally, Augustine Asset Management Inc. purchased a new stake in shares of Mizuho Financial Group in the 4th quarter valued at $1,576,000. 3.26% of the stock is owned by institutional investors and hedge funds.

Mizuho Financial Group Price Performance

Shares of NYSE MFG opened at $3.91 on Monday. The stock’s 50-day moving average is $3.85 and its two-hundred day moving average is $3.58. Mizuho Financial Group, Inc. has a 1-year low of $2.81 and a 1-year high of $4.32. The company has a market cap of $49.63 billion, a price-to-earnings ratio of 10.86, a price-to-earnings-growth ratio of 0.74 and a beta of 0.42.

Mizuho Financial Group (NYSE:MFG) last issued its quarterly earnings results on Friday, February 2nd. The bank reported $0.11 earnings per share for the quarter. Mizuho Financial Group had a return on equity of 6.72% and a net margin of 8.48%. The company had revenue of $12.97 billion for the quarter. Equities research analysts anticipate that Mizuho Financial Group, Inc. will post 0.36 earnings per share 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.