Mizuho Financial Group, Inc. (NYSE:MFG) Shares Acquired by Renaissance Technologies LLC

Renaissance Technologies LLC raised its holdings in shares of Mizuho Financial Group, Inc. (NYSE:MFG - Free Report) by 16.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,020,703 shares of the bank's stock after acquiring an additional 427,400 shares during the quarter. Renaissance Technologies LLC's holdings in Mizuho Financial Group were worth $14,771,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Wilmington Savings Fund Society FSB acquired a new position in Mizuho Financial Group in the 3rd quarter valued at $25,000. Spire Wealth Management increased its stake in 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 last quarter. TD Private Client Wealth LLC boosted its stake in Mizuho Financial Group by 683.9% in the 3rd quarter. TD Private Client Wealth LLC now owns 8,419 shares of the bank's stock worth $35,000 after buying an additional 7,345 shares during the last quarter. CogentBlue Wealth Advisors LLC acquired a new stake in Mizuho Financial Group in the 4th quarter worth about $50,000. Finally, Sierra Ocean LLC purchased a new stake in Mizuho Financial Group in the 4th quarter valued at about $55,000. Institutional investors and hedge funds own 3.26% of the company's stock.

Mizuho Financial Group Trading Up 3.5 %

Shares of MFG traded up $0.17 during mid-day trading on Friday, hitting $4.84. The company had a trading volume of 4,868,531 shares, compared to its average volume of 1,630,880. Mizuho Financial Group, Inc. has a 1-year low of $3.45 and a 1-year high of $6.08. The business's 50-day simple moving average is $5.40 and its 200-day simple moving average is $5.02. The stock has a market cap of $60.90 billion, a PE ratio of 12.09, a P/E/G ratio of 0.76 and a beta of 0.33. The company has a quick ratio of 0.96, a current ratio of 0.97 and a debt-to-equity ratio of 1.39.

Mizuho Financial Group (NYSE:MFG - Get Free Report) last announced its quarterly earnings data on Monday, February 3rd. The bank reported $0.15 earnings per share (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 forecast that Mizuho Financial Group, Inc. will post 0.42 earnings per share for the current 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.