Choreo LLC Sells 5,121 Shares of Mizuho Financial Group, Inc. (NYSE:MFG)

Choreo LLC cut its stake in shares of Mizuho Financial Group, Inc. (NYSE:MFG) by 4.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 98,361 shares of the bank’s stock after selling 5,121 shares during the quarter. Choreo LLC’s holdings in Mizuho Financial Group were worth $484,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Natixis Advisors LLC lifted its holdings in Mizuho Financial Group by 351.2% during the 3rd quarter. Natixis Advisors LLC now owns 3,355,910 shares of the bank’s stock valued at $14,028,000 after purchasing an additional 2,612,204 shares during the last quarter. Sanctuary Advisors LLC increased its holdings in shares of Mizuho Financial Group by 1,077.4% during the third quarter. Sanctuary Advisors LLC now owns 278,847 shares of the bank’s stock worth $1,166,000 after buying an additional 255,164 shares in the last quarter. Verdence Capital Advisors LLC bought a new position in shares of Mizuho Financial Group in the third quarter valued at approximately $862,000. Zions Bancorporation N.A. boosted its holdings in shares of Mizuho Financial Group by 3,594.0% in the 3rd quarter. Zions Bancorporation N.A. now owns 157,252 shares of the bank’s stock worth $657,000 after acquiring an additional 152,995 shares in the last quarter. Finally, Orion Portfolio Solutions LLC grew its position in Mizuho Financial Group by 473.0% during the 3rd quarter. Orion Portfolio Solutions LLC now owns 421,624 shares of the bank’s stock worth $1,762,000 after acquiring an additional 348,046 shares during the last quarter. Institutional investors and hedge funds own 3.26% of the company’s stock.

Mizuho Financial Group Trading Up 0.6 %

MFG stock opened at $5.50 on Wednesday. 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 stock has a market capitalization of $69.64 billion, a price-to-earnings ratio of 13.74, a P/E/G ratio of 0.97 and a beta of 0.45. The business has a fifty day moving average price of $5.11 and a 200 day moving average price of $4.57. Mizuho Financial Group, Inc. has a fifty-two week low of $3.45 and a fifty-two week high of $5.66.

Mizuho Financial Group (NYSE:MFG) last released its quarterly earnings results on Monday, February 3rd. The bank reported $0.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.10 by $0.05. Mizuho Financial Group had a return on equity of 8.56% and a net margin of 7.85%. Analysts expect that Mizuho Financial Group, Inc. will post 0.42 EPS for the current fiscal 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.