Point72 Asset Management L.P. Raises Holdings in Mizuho Financial Group, Inc. (NYSE:MFG)

Point72 Asset Management L.P. grew its stake in Mizuho Financial Group, Inc. (NYSE:MFG) by 2,151.3% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 570,800 shares of the bank’s stock after buying an additional 545,446 shares during the quarter. Point72 Asset Management L.P.’s holdings in Mizuho Financial Group were worth $2,386,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in MFG. SG Americas Securities LLC raised its holdings in Mizuho Financial Group by 18.7% in the second quarter. SG Americas Securities LLC now owns 18,892 shares of the bank’s stock valued at $80,000 after acquiring an additional 2,978 shares in the last quarter. Wedmont Private Capital increased its position in shares of Mizuho Financial Group by 109.1% in the 2nd quarter. Wedmont Private Capital now owns 22,606 shares of the bank’s stock valued at $98,000 after purchasing an additional 11,794 shares during the last quarter. Envestnet Portfolio Solutions Inc. raised its holdings in shares of Mizuho Financial Group by 76.7% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 22,787 shares of the bank’s stock valued at $96,000 after purchasing an additional 9,891 shares in the last quarter. Fiduciary Financial Group LLC purchased a new stake in shares of Mizuho Financial Group during the 2nd quarter worth $65,000. Finally, Blue Trust Inc. grew its stake in shares of Mizuho Financial Group by 201.9% during the second quarter. Blue Trust Inc. now owns 25,258 shares of the bank’s stock worth $101,000 after purchasing an additional 16,891 shares in the last quarter. 3.26% of the stock is owned by institutional investors and hedge funds.

Mizuho Financial Group Stock Down 0.7 %

Mizuho Financial Group stock opened at $5.08 on Tuesday. The stock has a market cap of $64.31 billion, a PE ratio of 13.72, a P/E/G ratio of 0.90 and a beta of 0.43. The company has a debt-to-equity ratio of 1.15, a current ratio of 0.96 and a quick ratio of 0.96. The stock’s fifty day moving average is $4.53 and its two-hundred day moving average is $4.27. Mizuho Financial Group, Inc. has a 1-year low of $3.27 and a 1-year high of $5.31.

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.