Callan Capital LLC Buys 30,330 Shares of Mizuho Financial Group, Inc. (NYSE:MFG)

Callan Capital LLC grew its stake in shares of Mizuho Financial Group, Inc. (NYSE:MFG) by 35.0% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 117,109 shares of the bank’s stock after buying an additional 30,330 shares during the period. Callan Capital LLC’s holdings in Mizuho Financial Group were worth $495,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Traveka Wealth LLC grew its holdings in shares of Mizuho Financial Group by 22.8% during the 2nd quarter. Traveka Wealth LLC now owns 12,793 shares of the bank’s stock worth $54,000 after purchasing an additional 2,373 shares in the last quarter. PFW Advisors LLC boosted its stake in Mizuho Financial Group by 25.4% during the second quarter. PFW Advisors LLC now owns 13,241 shares of the bank’s stock worth $56,000 after buying an additional 2,680 shares in the last quarter. Envestnet Portfolio Solutions Inc. increased its holdings in Mizuho Financial Group by 26.6% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 12,896 shares of the bank’s stock valued at $51,000 after buying an additional 2,712 shares during the period. Rhumbline Advisers raised its stake in shares of Mizuho Financial Group by 0.8% in the 2nd quarter. Rhumbline Advisers now owns 325,847 shares of the bank’s stock valued at $1,378,000 after buying an additional 2,721 shares in the last quarter. Finally, Benjamin F. Edwards & Company Inc. lifted its holdings in shares of Mizuho Financial Group by 8.9% during the 1st quarter. Benjamin F. Edwards & Company Inc. now owns 34,672 shares of the bank’s stock worth $138,000 after acquiring an additional 2,819 shares during the period. 3.26% of the stock is currently owned by institutional investors.

Mizuho Financial Group Price Performance

Shares of Mizuho Financial Group stock opened at $4.16 on Friday. Mizuho Financial Group, Inc. has a twelve month low of $3.14 and a twelve month high of $4.63. The company has a debt-to-equity ratio of 1.22, a quick ratio of 0.96 and a current ratio of 0.96. The firm has a market cap of $52.72 billion, a P/E ratio of 13.87, a price-to-earnings-growth ratio of 0.76 and a beta of 0.39. The firm’s 50-day simple moving average is $4.16 and its 200-day simple moving average is $4.06.

Mizuho Financial Group (NYSE:MFG) last released its quarterly earnings data on Wednesday, July 31st. The bank reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.02. The company had revenue of $15.27 billion for the quarter. Mizuho Financial Group had a return on equity of 6.64% and a net margin of 6.38%. As a group, research analysts expect that Mizuho Financial Group, Inc. will post 0.39 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.