11,236 Shares in Mizuho Financial Group, Inc. (NYSE:MFG) Bought by Sierra Ocean LLC

Sierra Ocean LLC acquired a new position in shares of Mizuho Financial Group, Inc. (NYSE:MFG) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 11,236 shares of the bank’s stock, valued at approximately $55,000.

A number of other large investors have also made changes to their positions in the stock. FMR LLC increased its holdings in Mizuho Financial Group by 31.0% during the 3rd quarter. FMR LLC now owns 17,622,960 shares of the bank’s stock valued at $73,664,000 after acquiring an additional 4,167,234 shares in the last quarter. Natixis Advisors LLC boosted its position in shares of Mizuho Financial Group by 351.2% in the third quarter. Natixis Advisors LLC now owns 3,355,910 shares of the bank’s stock worth $14,028,000 after acquiring an additional 2,612,204 shares during the last quarter. 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 raised its holdings in Mizuho Financial Group by 473.0% in 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 during the period. Finally, Sanctuary Advisors LLC raised its holdings in Mizuho Financial Group by 1,077.4% in the third quarter. Sanctuary Advisors LLC now owns 278,847 shares of the bank’s stock valued at $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 Trading Up 2.4 %

NYSE MFG opened at $5.74 on Tuesday. The firm has a market capitalization of $72.68 billion, a price-to-earnings ratio of 14.34, a PEG ratio of 0.97 and a beta of 0.45. The company’s 50 day moving average price is $5.14 and its 200 day moving average price is $4.61. Mizuho Financial Group, Inc. has a one year low of $3.45 and a one year high of $5.76. 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) last posted its quarterly earnings data on Monday, February 3rd. The bank reported $0.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.10 by $0.05. Mizuho Financial Group had a net margin of 7.85% and a return on equity of 8.56%. On average, sell-side analysts predict that Mizuho Financial Group, Inc. will post 0.42 EPS for the current 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.