Sapient Capital LLC Buys Shares of 16,885 Mizuho Financial Group, Inc. (NYSE:MFG)

Sapient Capital LLC bought a new stake in Mizuho Financial Group, Inc. (NYSE:MFG) in the 4th quarter, HoldingsChannel reports. The fund bought 16,885 shares of the bank’s stock, valued at approximately $58,000.

Other institutional investors also recently bought and sold shares of the company. Addison Advisors LLC boosted its stake in Mizuho Financial Group by 17.8% in the third quarter. Addison Advisors LLC now owns 35,097 shares of the bank’s stock valued at $120,000 after acquiring an additional 5,295 shares in the last quarter. Ballentine Partners LLC boosted its stake in Mizuho Financial Group by 21.7% in the fourth quarter. Ballentine Partners LLC now owns 80,179 shares of the bank’s stock valued at $276,000 after acquiring an additional 14,300 shares in the last quarter. Mariner LLC lifted its stake in shares of Mizuho Financial Group by 20.6% during the third quarter. Mariner LLC now owns 828,705 shares of the bank’s stock worth $2,842,000 after buying an additional 141,362 shares during the period. FMR LLC lifted its stake in shares of Mizuho Financial Group by 11.7% during the third quarter. FMR LLC now owns 11,516,942 shares of the bank’s stock worth $39,503,000 after buying an additional 1,206,471 shares during the period. Finally, HighTower Advisors LLC lifted its stake in shares of Mizuho Financial Group by 17.9% during the third quarter. HighTower Advisors LLC now owns 173,709 shares of the bank’s stock worth $597,000 after buying an additional 26,373 shares during the period. 3.26% of the stock is currently owned by institutional investors and hedge funds.

Mizuho Financial Group Trading Down 3.4 %

NYSE:MFG opened at $3.86 on Wednesday. Mizuho Financial Group, Inc. has a 12 month low of $2.81 and a 12 month high of $4.32. The firm has a fifty day simple moving average of $3.86 and a 200-day simple moving average of $3.59. The company has a market capitalization of $49.63 billion, a P/E ratio of 10.71, a PEG ratio of 0.74 and a beta of 0.42.

Mizuho Financial Group (NYSE:MFG) last posted its quarterly earnings data on Friday, February 2nd. The bank reported $0.11 EPS for the quarter. Mizuho Financial Group had a net margin of 8.48% and a return on equity of 6.72%. The business had revenue of $12.97 billion during the quarter. Equities analysts forecast that Mizuho Financial Group, Inc. will post 0.36 EPS for the current year.

About Mizuho Financial Group

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.