Mizuho Financial Group, Inc. (NYSE:MFG) Stock Holdings Decreased by Blue Trust Inc.

Blue Trust Inc. lowered its stake in Mizuho Financial Group, Inc. (NYSE:MFG) by 59.2% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 25,981 shares of the bank’s stock after selling 37,682 shares during the period. Blue Trust Inc.’s holdings in Mizuho Financial Group were worth $127,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Spire Wealth Management increased its holdings in Mizuho Financial Group by 377.8% in the fourth quarter. Spire Wealth Management now owns 5,504 shares of the bank’s stock valued at $27,000 after buying an additional 4,352 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new stake in shares of Mizuho Financial Group in the 3rd quarter valued at approximately $25,000. TD Private Client Wealth LLC increased its holdings in shares of Mizuho Financial Group by 683.9% in the 3rd quarter. TD Private Client Wealth LLC now owns 8,419 shares of the bank’s stock valued at $35,000 after acquiring an additional 7,345 shares during the last quarter. Dakota Wealth Management bought a new stake in shares of Mizuho Financial Group in the 3rd quarter valued at approximately $42,000. Finally, PFW Advisors LLC bought a new stake in Mizuho Financial Group during the fourth quarter valued at $58,000. 3.26% of the stock is owned by institutional investors.

Mizuho Financial Group Stock Down 3.0 %

MFG stock opened at $5.62 on Friday. The company has a debt-to-equity ratio of 1.39, a current ratio of 0.97 and a quick ratio of 0.96. Mizuho Financial Group, Inc. has a 1-year low of $3.45 and a 1-year high of $5.91. The firm has a fifty day moving average price of $5.22 and a two-hundred day moving average price of $4.66. The firm has a market cap of $71.16 billion, a price-to-earnings ratio of 14.04, a PEG ratio of 0.77 and a beta of 0.45.

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