XY Capital Ltd Acquires New Stake in Mizuho Financial Group, Inc. (NYSE:MFG)

XY Capital Ltd acquired a new position in shares of Mizuho Financial Group, Inc. (NYSE:MFG - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 117,600 shares of the bank's stock, valued at approximately $575,000. Mizuho Financial Group accounts for 0.3% of XY Capital Ltd's portfolio, making the stock its 23rd biggest position.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Wilmington Savings Fund Society FSB acquired a new stake in Mizuho Financial Group during the third quarter worth about $25,000. Spire Wealth Management increased its stake in shares of Mizuho Financial Group by 377.8% in the fourth quarter. Spire Wealth Management now owns 5,504 shares of the bank's stock valued at $27,000 after purchasing an additional 4,352 shares during the period. TD Private Client Wealth LLC increased its stake in shares of Mizuho Financial Group by 683.9% in the third quarter. TD Private Client Wealth LLC now owns 8,419 shares of the bank's stock valued at $35,000 after purchasing an additional 7,345 shares during the period. Dakota Wealth Management acquired a new stake in shares of Mizuho Financial Group in the third quarter valued at approximately $42,000. Finally, ERn Financial LLC acquired a new stake in shares of Mizuho Financial Group in the third quarter valued at approximately $46,000. Institutional investors and hedge funds own 3.26% of the company's stock.

Mizuho Financial Group Stock Performance

Shares of NYSE:MFG traded up $0.16 during trading hours on Thursday, hitting $5.60. The stock had a trading volume of 1,582,217 shares, compared to its average volume of 1,287,752. The stock's fifty day simple moving average is $5.12 and its 200 day simple moving average is $4.59. Mizuho Financial Group, Inc. has a 1-year low of $3.45 and a 1-year high of $5.66. The firm has a market capitalization of $70.97 billion, a price-to-earnings ratio of 14.00, a PEG ratio of 0.97 and a beta of 0.45. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.96 and a current ratio of 0.97.

Mizuho Financial Group (NYSE:MFG - Get Free Report) last announced its quarterly earnings results on Monday, February 3rd. The bank reported $0.15 EPS for the quarter, beating the consensus estimate of $0.10 by $0.05. Mizuho Financial Group had a net margin of 7.85% and a return on equity of 8.56%. Sell-side analysts anticipate that Mizuho Financial Group, Inc. will post 0.42 earnings per share for the current fiscal year.

Mizuho Financial Group 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.