Seeds Investor LLC Takes Position in Mizuho Financial Group, Inc. (NYSE:MFG)

Seeds Investor LLC bought a new position in shares of Mizuho Financial Group, Inc. (NYSE:MFG) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 10,540 shares of the bank’s stock, valued at approximately $52,000.

Several other hedge funds also recently added to or reduced their stakes in the stock. Raymond James Financial Inc. acquired a new position in shares of Mizuho Financial Group in the 4th quarter valued at $5,951,000. Wells Fargo & Company MN boosted its stake in Mizuho Financial Group by 48.5% in the fourth quarter. Wells Fargo & Company MN now owns 3,038,291 shares of the bank’s stock valued at $14,857,000 after acquiring an additional 992,900 shares in the last quarter. Renaissance Technologies LLC grew its holdings in shares of Mizuho Financial Group by 16.5% during the fourth quarter. Renaissance Technologies LLC now owns 3,020,703 shares of the bank’s stock worth $14,771,000 after purchasing an additional 427,400 shares during the last quarter. Envestnet Asset Management Inc. increased its position in shares of Mizuho Financial Group by 33.4% during the fourth quarter. Envestnet Asset Management Inc. now owns 1,543,057 shares of the bank’s stock worth $7,546,000 after purchasing an additional 386,742 shares in the last quarter. Finally, Sanctuary Advisors LLC lifted its holdings in shares of Mizuho Financial Group by 1,077.4% in the 3rd quarter. Sanctuary Advisors LLC now owns 278,847 shares of the bank’s stock valued at $1,166,000 after purchasing an additional 255,164 shares during the last quarter. 3.26% of the stock is currently owned by hedge funds and other institutional investors.

Mizuho Financial Group Trading Up 2.2 %

NYSE:MFG opened at $4.75 on Tuesday. The company has a market capitalization of $60.19 billion, a PE ratio of 11.88, a P/E/G ratio of 0.76 and a beta of 0.33. Mizuho Financial Group, Inc. has a 52-week low of $3.45 and a 52-week high of $6.08. The stock’s 50 day moving average price is $5.46 and its 200 day moving average price is $5.01. 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) last announced its earnings results on Monday, February 3rd. The bank reported $0.15 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, research analysts anticipate that Mizuho Financial Group, Inc. will post 0.42 EPS 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.