Jane Street Group LLC Increases Stake in Mizuho Financial Group, Inc. (NYSE:MFG)

Jane Street Group LLC raised its stake in shares of Mizuho Financial Group, Inc. (NYSE:MFG) by 1,776.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 301,749 shares of the bank’s stock after acquiring an additional 285,669 shares during the quarter. Jane Street Group LLC’s holdings in Mizuho Financial Group were worth $1,476,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Spire Wealth Management grew its holdings in Mizuho Financial Group by 377.8% in the fourth quarter. Spire Wealth Management now owns 5,504 shares of the bank’s stock worth $27,000 after purchasing an additional 4,352 shares during the last quarter. Bessemer Group Inc. boosted its position in shares of Mizuho Financial Group by 51.5% in the 4th quarter. Bessemer Group Inc. now owns 6,430 shares of the bank’s stock worth $31,000 after purchasing an additional 2,187 shares in the last quarter. CogentBlue Wealth Advisors LLC purchased a new position in Mizuho Financial Group during the 4th quarter worth $50,000. Seeds Investor LLC purchased a new position in Mizuho Financial Group during the 4th quarter worth $52,000. Finally, Sierra Ocean LLC acquired a new position in Mizuho Financial Group during the 4th quarter valued at about $55,000. 3.26% of the stock is currently owned by hedge funds and other institutional investors.

Mizuho Financial Group Stock Performance

Mizuho Financial Group stock opened at $5.14 on Tuesday. Mizuho Financial Group, Inc. has a one year low of $3.45 and a one year high of $6.08. The stock has a market cap of $64.75 billion, a PE ratio of 12.85, a price-to-earnings-growth ratio of 0.76 and a beta of 0.38. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.96 and a current ratio of 0.97. The stock has a 50-day moving average of $5.13 and a two-hundred day moving average of $5.15.

Mizuho Financial Group (NYSE:MFG) last released its earnings results on Thursday, May 15th. The bank reported $0.03 EPS for the quarter. Mizuho Financial Group had a net margin of 7.85% and a return on equity of 8.56%. The company had revenue of $12.84 billion during the quarter. On average, research analysts anticipate that Mizuho Financial Group, Inc. will post 0.42 EPS 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.