Two Sigma Investments LP Has $173,000 Holdings in Mizuho Financial Group, Inc. (NYSE:MFG)

Two Sigma Investments LP trimmed its position in Mizuho Financial Group, Inc. (NYSE:MFG) by 84.5% in the fourth quarter, Holdings Channel reports. The fund owned 35,369 shares of the bank’s stock after selling 193,081 shares during the quarter. Two Sigma Investments LP’s holdings in Mizuho Financial Group were worth $173,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Bank of New York Mellon Corp increased its holdings in Mizuho Financial Group by 21.0% in the 4th quarter. Bank of New York Mellon Corp now owns 831,018 shares of the bank’s stock worth $4,064,000 after purchasing an additional 144,353 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of Mizuho Financial Group by 20.0% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 952,107 shares of the bank’s stock worth $4,656,000 after purchasing an additional 158,478 shares during the last quarter. Orion Portfolio Solutions LLC increased its stake in shares of Mizuho Financial Group by 48.1% in the fourth quarter. Orion Portfolio Solutions LLC now owns 624,582 shares of the bank’s stock valued at $3,054,000 after buying an additional 202,958 shares during the period. Northern Trust Corp increased its stake in shares of Mizuho Financial Group by 86.1% in the fourth quarter. Northern Trust Corp now owns 9,743,983 shares of the bank’s stock valued at $47,648,000 after buying an additional 4,508,649 shares during the period. Finally, Cetera Investment Advisers raised its holdings in Mizuho Financial Group by 114.4% in the 4th quarter. Cetera Investment Advisers now owns 98,638 shares of the bank’s stock valued at $482,000 after buying an additional 52,621 shares during the last quarter. Institutional investors and hedge funds own 3.26% of the company’s stock.

Mizuho Financial Group Stock Up 1.6%

NYSE:MFG opened at $5.58 on Friday. Mizuho Financial Group, Inc. has a one year low of $3.45 and a one year high of $6.08. The company has a debt-to-equity ratio of 1.39, a current ratio of 0.97 and a quick ratio of 0.96. The company has a market cap of $70.29 billion, a PE ratio of 13.95, a P/E/G ratio of 0.76 and a beta of 0.40. The firm’s 50 day simple moving average is $5.12 and its 200 day simple moving average is $5.25.

Mizuho Financial Group (NYSE:MFG) last released its quarterly earnings results on Thursday, May 15th. The bank reported $0.03 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.03. Mizuho Financial Group had a net margin of 7.85% and a return on equity of 8.56%. The firm had revenue of $12.84 billion during the quarter, compared to the consensus estimate of $5.38 billion. On average, research analysts anticipate that Mizuho Financial Group, Inc. will post 0.42 earnings per share 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.