New Republic Capital LLC Grows Stake in Mizuho Financial Group, Inc. (NYSE:MFG)

New Republic Capital LLC grew its position in Mizuho Financial Group, Inc. (NYSE:MFG) by 74.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 18,327 shares of the bank’s stock after buying an additional 7,826 shares during the quarter. New Republic Capital LLC’s holdings in Mizuho Financial Group were worth $90,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Spire Wealth Management raised its stake in Mizuho Financial Group by 377.8% in the fourth quarter. Spire Wealth Management now owns 5,504 shares of the bank’s stock worth $27,000 after buying an additional 4,352 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new position in shares of Mizuho Financial Group in the 3rd quarter worth $25,000. TD Private Client Wealth LLC lifted its stake in shares of Mizuho Financial Group by 683.9% during the 3rd quarter. TD Private Client Wealth LLC now owns 8,419 shares of the bank’s stock worth $35,000 after purchasing an additional 7,345 shares during the last quarter. Dakota Wealth Management bought a new stake in Mizuho Financial Group during the third quarter valued at about $42,000. Finally, ERn Financial LLC purchased a new position in Mizuho Financial Group in the third quarter valued at about $46,000. Institutional investors own 3.26% of the company’s stock.

Mizuho Financial Group Stock Performance

MFG stock opened at $5.50 on Wednesday. Mizuho Financial Group, Inc. has a one year low of $3.45 and a one year high of $5.66. The firm has a market cap of $69.64 billion, a price-to-earnings ratio of 13.74, a PEG ratio of 0.97 and a beta of 0.45. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.96 and a current ratio of 0.97. The firm has a 50-day simple moving average of $5.11 and a two-hundred day simple moving average of $4.57.

Mizuho Financial Group (NYSE:MFG) last posted its quarterly earnings data on Monday, February 3rd. The bank reported $0.15 EPS for the quarter, topping the consensus estimate 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, equities analysts forecast that Mizuho Financial Group, Inc. will post 0.42 EPS for the current fiscal 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.