23,872 Shares in Mizuho Financial Group, Inc. (NYSE:MFG) Purchased by GAMMA Investing LLC

GAMMA Investing LLC acquired a new position in shares of Mizuho Financial Group, Inc. (NYSE:MFG) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 23,872 shares of the bank’s stock, valued at approximately $87,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Ballentine Partners LLC boosted its stake in Mizuho Financial Group by 16.7% in the 3rd quarter. Ballentine Partners LLC now owns 65,879 shares of the bank’s stock worth $226,000 after buying an additional 9,415 shares during the last quarter. Clarius Group LLC acquired a new stake in Mizuho Financial Group in the 3rd quarter worth about $58,000. PDS Planning Inc boosted its stake in Mizuho Financial Group by 11.2% in the 3rd quarter. PDS Planning Inc now owns 53,540 shares of the bank’s stock worth $184,000 after buying an additional 5,404 shares during the last quarter. Xponance Inc. acquired a new stake in Mizuho Financial Group in the 3rd quarter worth about $65,000. Finally, Raymond James & Associates boosted its stake in Mizuho Financial Group by 2.9% in the 3rd quarter. Raymond James & Associates now owns 144,239 shares of the bank’s stock worth $495,000 after buying an additional 4,132 shares during the last quarter. Hedge funds and other institutional investors own 3.26% of the company’s stock.

Mizuho Financial Group Trading Up 0.5 %

Shares of NYSE:MFG opened at $3.87 on Tuesday. The stock’s 50-day moving average price is $3.90 and its two-hundred day moving average price is $3.62. Mizuho Financial Group, Inc. has a 12-month low of $2.81 and a 12-month high of $4.32. The firm has a market cap of $48.87 billion, a price-to-earnings ratio of 10.75, a PEG ratio of 0.73 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 (EPS) for the quarter. Mizuho Financial Group had a return on equity of 6.72% and a net margin of 8.48%. The firm had revenue of $12.97 billion for the quarter. As a group, research analysts forecast that Mizuho Financial Group, Inc. will post 0.36 earnings per share for the current fiscal 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.