OLD Mission Capital LLC Purchases Shares of 116,565 Mizuho Financial Group, Inc. (NYSE:MFG)

OLD Mission Capital LLC acquired a new position in Mizuho Financial Group, Inc. (NYSE:MFG) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 116,565 shares of the bank’s stock, valued at approximately $570,000.

Other large investors have also made changes to their positions in the company. Natixis Advisors LLC increased its position in Mizuho Financial Group by 2.2% in the 4th quarter. Natixis Advisors LLC now owns 3,430,732 shares of the bank’s stock worth $16,776,000 after buying an additional 74,822 shares during the period. American Century Companies Inc. grew its stake in shares of Mizuho Financial Group by 6.9% in the fourth quarter. American Century Companies Inc. now owns 2,750,315 shares of the bank’s stock worth $13,449,000 after acquiring an additional 178,489 shares during the last quarter. Raymond James Financial Inc. bought a new position in Mizuho Financial Group during the fourth quarter worth $5,951,000. Charles Schwab Investment Management Inc. raised its stake in Mizuho Financial Group by 20.0% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 952,107 shares of the bank’s stock valued at $4,656,000 after purchasing an additional 158,478 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its holdings in Mizuho Financial Group by 21.0% in the 4th quarter. Bank of New York Mellon Corp now owns 831,018 shares of the bank’s stock valued at $4,064,000 after purchasing an additional 144,353 shares during the period. Institutional investors and hedge funds own 3.26% of the company’s stock.

Mizuho Financial Group Stock Performance

NYSE MFG opened at $4.25 on Friday. The company’s fifty day moving average is $5.61 and its two-hundred day moving average is $4.99. The firm has a market capitalization of $53.79 billion, a price-to-earnings ratio of 10.61, a P/E/G ratio of 0.76 and a beta of 0.33. The company has a debt-to-equity ratio of 1.39, a current ratio of 0.97 and a quick ratio of 0.96. Mizuho Financial Group, Inc. has a 52-week low of $3.45 and a 52-week high of $6.08.

Mizuho Financial Group (NYSE:MFG) last released its earnings results on Monday, February 3rd. The bank reported $0.15 earnings per share for the quarter, topping analysts’ consensus estimates of $0.10 by $0.05. Mizuho Financial Group had a return on equity of 8.56% and a net margin of 7.85%. Equities research analysts forecast that Mizuho Financial Group, Inc. will post 0.42 EPS for the current 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.