Sapient Capital LLC Takes Position in Mizuho Financial Group, Inc. (NYSE:MFG)

Sapient Capital LLC purchased a new position in shares of Mizuho Financial Group, Inc. (NYSE:MFG) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 15,750 shares of the bank’s stock, valued at approximately $54,000.

Several other hedge funds have also recently added to or reduced their stakes in MFG. Private Advisor Group LLC raised its position in shares of Mizuho Financial Group by 5.7% in the third quarter. Private Advisor Group LLC now owns 60,928 shares of the bank’s stock valued at $209,000 after buying an additional 3,262 shares during the last quarter. Sage Rhino Capital LLC lifted its stake in Mizuho Financial Group by 8.6% in the 3rd quarter. Sage Rhino Capital LLC now owns 42,035 shares of the bank’s stock worth $144,000 after purchasing an additional 3,327 shares in the last quarter. Five Oceans Advisors boosted its holdings in shares of Mizuho Financial Group by 15.9% during the 4th quarter. Five Oceans Advisors now owns 24,423 shares of the bank’s stock worth $84,000 after purchasing an additional 3,355 shares during the last quarter. Orion Portfolio Solutions LLC boosted its holdings in shares of Mizuho Financial Group by 15.7% during the 3rd quarter. Orion Portfolio Solutions LLC now owns 25,190 shares of the bank’s stock worth $86,000 after purchasing an additional 3,421 shares during the last quarter. Finally, Raymond James & Associates grew its position in shares of Mizuho Financial Group by 2.9% in the third quarter. Raymond James & Associates now owns 144,239 shares of the bank’s stock valued at $495,000 after purchasing an additional 4,132 shares in the last quarter. 3.26% of the stock is owned by institutional investors and hedge funds.

Mizuho Financial Group Stock Performance

Shares of Mizuho Financial Group stock opened at $3.90 on Thursday. The business’s 50 day moving average price is $3.93 and its 200 day moving average price is $3.64. The company has a market cap of $49.50 billion, a price-to-earnings ratio of 10.83, a PEG ratio of 0.75 and a beta of 0.43. Mizuho Financial Group, Inc. has a one year low of $2.86 and a one year high of $4.32.

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.