Themes Management Co LLC Makes New Investment in Mizuho Financial Group, Inc. $MFG

Themes Management Co LLC bought a new position in Mizuho Financial Group, Inc. (NYSE:MFG) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 128,435 shares of the bank’s stock, valued at approximately $940,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Paradigm Asset Management Co. LLC purchased a new stake in Mizuho Financial Group in the third quarter worth $125,000. Bessemer Group Inc. increased its stake in Mizuho Financial Group by 38.6% in the third quarter. Bessemer Group Inc. now owns 7,901 shares of the bank’s stock worth $54,000 after purchasing an additional 2,201 shares during the period. Fifth Third Bancorp increased its stake in Mizuho Financial Group by 45.2% in the fourth quarter. Fifth Third Bancorp now owns 8,239 shares of the bank’s stock worth $60,000 after purchasing an additional 2,565 shares during the period. Jones Financial Companies Lllp increased its stake in Mizuho Financial Group by 22.9% in the third quarter. Jones Financial Companies Lllp now owns 9,150 shares of the bank’s stock worth $63,000 after purchasing an additional 1,704 shares during the period. Finally, Allworth Financial LP increased its stake in Mizuho Financial Group by 29.2% in the third quarter. Allworth Financial LP now owns 9,936 shares of the bank’s stock worth $67,000 after purchasing an additional 2,243 shares during the period. Hedge funds and other institutional investors own 3.26% of the company’s stock.

Mizuho Financial Group Stock Performance

NYSE MFG opened at $9.33 on Tuesday. The firm’s 50 day moving average price is $8.39 and its 200-day moving average price is $8.11. Mizuho Financial Group, Inc. has a 52-week low of $5.33 and a 52-week high of $10.28. The company has a market cap of $115.17 billion, a PE ratio of 12.27, a P/E/G ratio of 0.60 and a beta of 0.46.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “buy (b+)” rating on shares of Mizuho Financial Group in a research note on Friday, May 1st. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy”.

Mizuho Financial Group Profile

Mizuho Financial Group, Inc is a major Japanese banking and financial services holding company headquartered in Tokyo. The group operates through a network of subsidiaries that provide a full range of retail, corporate and investment banking services. Its core businesses include deposit-taking and lending, transaction banking, cash management, trade finance and treasury services for both individual and institutional clients.

Beyond traditional commercial banking, Mizuho offers securities and capital markets services, investment banking, underwriting, M&A advisory, and asset management through its securities and trust banking arms.