AQR Capital Management LLC Boosts Stake in Mizuho Financial Group, Inc. (NYSE:MFG)

AQR Capital Management LLC increased its position in shares of Mizuho Financial Group, Inc. (NYSE:MFG) by 139.4% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 225,432 shares of the bank’s stock after buying an additional 131,271 shares during the quarter. AQR Capital Management LLC’s holdings in Mizuho Financial Group were worth $954,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in MFG. Sunpointe LLC purchased a new position in Mizuho Financial Group during the 4th quarter worth $41,000. Abel Hall LLC purchased a new position in shares of Mizuho Financial Group during the fourth quarter worth about $58,000. Goldman Sachs Group Inc. increased its position in Mizuho Financial Group by 4.1% in the 4th quarter. Goldman Sachs Group Inc. now owns 12,482,281 shares of the bank’s stock valued at $42,939,000 after acquiring an additional 488,978 shares during the period. Sivia Capital Partners LLC acquired a new position in Mizuho Financial Group in the 4th quarter valued at about $158,000. Finally, HighPoint Advisor Group LLC purchased a new stake in Mizuho Financial Group during the 4th quarter valued at approximately $62,000. Institutional investors and hedge funds own 3.26% of the company’s stock.

Mizuho Financial Group Trading Up 2.7 %

Shares of MFG stock opened at $4.26 on Friday. The company has a market capitalization of $53.99 billion, a P/E ratio of 14.20, a price-to-earnings-growth ratio of 0.67 and a beta of 0.39. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 1.22. The business’s 50 day moving average is $4.09 and its two-hundred day moving average is $4.08. Mizuho Financial Group, Inc. has a twelve month low of $3.14 and a twelve month high of $4.63.

Mizuho Financial Group (NYSE:MFG) last issued its quarterly earnings results on Wednesday, July 31st. The bank reported $0.13 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.02. The firm had revenue of $15.27 billion during the quarter. Mizuho Financial Group had a return on equity of 6.64% and a net margin of 6.38%. Equities analysts forecast that Mizuho Financial Group, Inc. will post 0.44 EPS for the current year.

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.