ABC Arbitrage SA Invests $909,000 in Mizuho Financial Group, Inc. (NYSE:MFG)

ABC Arbitrage SA purchased a new position in shares of Mizuho Financial Group, Inc. (NYSE:MFG - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 185,886 shares of the bank's stock, valued at approximately $909,000.

A number of other large investors also recently bought and sold shares of the stock. FMR LLC raised its holdings in shares of Mizuho Financial Group by 31.0% in the 3rd quarter. FMR LLC now owns 17,622,960 shares of the bank's stock worth $73,664,000 after purchasing an additional 4,167,234 shares during the period. Natixis Advisors LLC raised its holdings in Mizuho Financial Group by 351.2% in the third quarter. Natixis Advisors LLC now owns 3,355,910 shares of the bank's stock valued at $14,028,000 after buying an additional 2,612,204 shares during the period. Point72 Asset Management L.P. raised its holdings in Mizuho Financial Group by 2,151.3% in the third quarter. Point72 Asset Management L.P. now owns 570,800 shares of the bank's stock valued at $2,386,000 after buying an additional 545,446 shares during the period. Orion Portfolio Solutions LLC lifted its position in Mizuho Financial Group by 473.0% during the third quarter. Orion Portfolio Solutions LLC now owns 421,624 shares of the bank's stock valued at $1,762,000 after buying an additional 348,046 shares in the last quarter. Finally, Sanctuary Advisors LLC grew its stake in Mizuho Financial Group by 1,077.4% during the third quarter. Sanctuary Advisors LLC now owns 278,847 shares of the bank's stock worth $1,166,000 after buying an additional 255,164 shares during the period. Hedge funds and other institutional investors own 3.26% of the company's stock.

Mizuho Financial Group Stock Up 0.4 %

Shares of NYSE:MFG traded up $0.03 during midday trading on Wednesday, hitting $5.88. 1,438,265 shares of the company's stock traded hands, compared to its average volume of 1,305,149. The firm's fifty day moving average price is $5.17 and its two-hundred day moving average price is $4.63. 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, Inc. has a twelve month low of $3.45 and a twelve month high of $5.91. The company has a market cap of $74.45 billion, a PE ratio of 14.69, a P/E/G ratio of 0.99 and a beta of 0.45.

Mizuho Financial Group (NYSE:MFG - Get Free Report) last announced its 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 return on equity of 8.56% and a net margin of 7.85%. On average, equities research analysts anticipate that Mizuho Financial Group, Inc. will post 0.42 EPS 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.