Mizuho Financial Group, Inc. (NYSE:MFG) Shares Purchased by GAMMA Investing LLC

GAMMA Investing LLC boosted its position in shares of Mizuho Financial Group, Inc. (NYSE:MFG) by 36.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 59,070 shares of the bank’s stock after purchasing an additional 15,896 shares during the quarter. GAMMA Investing LLC’s holdings in Mizuho Financial Group were worth $289,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Wilmington Savings Fund Society FSB purchased a new stake in shares of Mizuho Financial Group in the 3rd quarter worth about $25,000. TD Private Client Wealth LLC lifted its holdings in shares of Mizuho Financial Group by 683.9% in the third quarter. TD Private Client Wealth LLC now owns 8,419 shares of the bank’s stock valued at $35,000 after purchasing an additional 7,345 shares in the last quarter. Dakota Wealth Management acquired a new stake in shares of Mizuho Financial Group in the third quarter valued at approximately $42,000. Brighton Jones LLC purchased a new position in shares of Mizuho Financial Group during the 2nd quarter worth approximately $43,000. Finally, ERn Financial LLC acquired a new position in shares of Mizuho Financial Group during the 3rd quarter worth approximately $46,000. Hedge funds and other institutional investors own 3.26% of the company’s stock.

Mizuho Financial Group Price Performance

MFG stock opened at $4.96 on Tuesday. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.96 and a current ratio of 0.96. The stock’s 50 day moving average price is $4.83 and its 200 day moving average price is $4.40. The firm has a market cap of $62.86 billion, a P/E ratio of 13.41, a PEG ratio of 0.89 and a beta of 0.45. Mizuho Financial Group, Inc. has a 1 year low of $3.44 and a 1 year high of $5.31.

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.