Angeles Investment Advisors LLC Lowers Holdings in Mizuho Financial Group, Inc. (NYSE:MFG)

Angeles Investment Advisors LLC reduced its stake in shares of Mizuho Financial Group, Inc. (NYSE:MFG) by 27.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 17,425 shares of the bank’s stock after selling 6,710 shares during the quarter. Angeles Investment Advisors LLC’s holdings in Mizuho Financial Group were worth $85,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the stock. Wilmington Savings Fund Society FSB purchased a new stake in Mizuho Financial Group in the 3rd quarter worth approximately $25,000. Spire Wealth Management boosted its holdings in Mizuho Financial Group by 377.8% during the fourth quarter. Spire Wealth Management now owns 5,504 shares of the bank’s stock worth $27,000 after buying an additional 4,352 shares in the last quarter. TD Private Client Wealth LLC increased its holdings in Mizuho Financial Group by 683.9% in the third quarter. TD Private Client Wealth LLC now owns 8,419 shares of the bank’s stock valued at $35,000 after buying an additional 7,345 shares in the last quarter. CogentBlue Wealth Advisors LLC acquired a new position in shares of Mizuho Financial Group in the fourth quarter worth about $50,000. Finally, Sierra Ocean LLC purchased a new stake in shares of Mizuho Financial Group during the 4th quarter worth about $55,000. 3.26% of the stock is currently owned by hedge funds and other institutional investors.

Mizuho Financial Group Price Performance

Shares of Mizuho Financial Group stock opened at $5.91 on Tuesday. The firm has a market cap of $74.83 billion, a PE ratio of 14.76, a P/E/G ratio of 0.76 and a beta of 0.39. Mizuho Financial Group, Inc. has a twelve month low of $3.45 and a twelve month high of $6.08. The company has a quick ratio of 0.96, a current ratio of 0.97 and a debt-to-equity ratio of 1.39. The business has a 50-day moving average price of $5.55 and a 200 day moving average price of $4.90.

Mizuho Financial Group (NYSE:MFG) last posted its quarterly earnings data on Monday, February 3rd. The bank reported $0.15 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%. Sell-side analysts predict that Mizuho Financial Group, Inc. will post 0.42 earnings per share for the current fiscal year.

Mizuho Financial Group Company Profile

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.