Themes Management Co LLC Makes New Investment in Mizuho Financial Group, Inc. $MFG

Themes Management Co LLC purchased a new position in Mizuho Financial Group, Inc. (NYSE:MFG) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 128,435 shares of the bank’s stock, valued at approximately $940,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of MFG. Paradigm Asset Management Co. LLC purchased a new position in Mizuho Financial Group during the 3rd quarter worth approximately $125,000. Bessemer Group Inc. raised its position in Mizuho Financial Group by 38.6% during the 3rd quarter. Bessemer Group Inc. now owns 7,901 shares of the bank’s stock worth $54,000 after buying an additional 2,201 shares during the last quarter. Fifth Third Bancorp raised its position in Mizuho Financial Group by 45.2% during the 4th quarter. Fifth Third Bancorp now owns 8,239 shares of the bank’s stock worth $60,000 after buying an additional 2,565 shares during the last quarter. Jones Financial Companies Lllp raised its position in Mizuho Financial Group by 22.9% during the 3rd quarter. Jones Financial Companies Lllp now owns 9,150 shares of the bank’s stock worth $63,000 after buying an additional 1,704 shares during the last quarter. Finally, Allworth Financial LP raised its position in Mizuho Financial Group by 29.2% during the 3rd quarter. Allworth Financial LP now owns 9,936 shares of the bank’s stock worth $67,000 after buying an additional 2,243 shares during the last quarter. Institutional investors and hedge funds own 3.26% of the company’s stock.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “buy (b+)” rating on shares of Mizuho Financial Group in a research report on Friday, May 1st. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Mizuho Financial Group Price Performance

Mizuho Financial Group stock opened at $9.33 on Tuesday. The stock has a market capitalization of $115.17 billion, a PE ratio of 12.27, a price-to-earnings-growth ratio of 0.60 and a beta of 0.46. Mizuho Financial Group, Inc. has a 12 month low of $5.33 and a 12 month high of $10.28. The business has a 50 day simple moving average of $8.39 and a 200-day simple moving average of $8.11.

Mizuho Financial Group Profile

Mizuho Financial Group, Inc is a major Japanese banking and financial services holding company headquartered in Tokyo. The group operates through a network of subsidiaries that provide a full range of retail, corporate and investment banking services. Its core businesses include deposit-taking and lending, transaction banking, cash management, trade finance and treasury services for both individual and institutional clients.

Beyond traditional commercial banking, Mizuho offers securities and capital markets services, investment banking, underwriting, M&A advisory, and asset management through its securities and trust banking arms.