Marks Group Wealth Management Inc Sells 6,550 Shares of Mizuho Financial Group, Inc. (NYSE:MFG)

Marks Group Wealth Management Inc trimmed its holdings in Mizuho Financial Group, Inc. (NYSE:MFG) by 20.1% in the fourth quarter, HoldingsChannel reports. The fund owned 26,003 shares of the bank’s stock after selling 6,550 shares during the period. Marks Group Wealth Management Inc’s holdings in Mizuho Financial Group were worth $127,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the business. Brighton Jones LLC raised its position in Mizuho Financial Group by 19.3% in the 4th quarter. Brighton Jones LLC now owns 12,343 shares of the bank’s stock worth $60,000 after purchasing an additional 1,998 shares during the period. Werba Rubin Papier Wealth Management increased its holdings in shares of Mizuho Financial Group by 5.4% in the third quarter. Werba Rubin Papier Wealth Management now owns 46,494 shares of the bank’s stock worth $194,000 after buying an additional 2,366 shares during the period. Jane Street Group LLC increased its holdings in shares of Mizuho Financial Group by 25.3% in the third quarter. Jane Street Group LLC now owns 16,080 shares of the bank’s stock worth $67,000 after buying an additional 3,248 shares during the period. Greenleaf Trust lifted its stake in shares of Mizuho Financial Group by 6.0% in the 3rd quarter. Greenleaf Trust now owns 58,610 shares of the bank’s stock valued at $245,000 after acquiring an additional 3,305 shares during the last quarter. Finally, SYM FINANCIAL Corp boosted its holdings in Mizuho Financial Group by 9.2% during the 4th quarter. SYM FINANCIAL Corp now owns 42,661 shares of the bank’s stock valued at $209,000 after acquiring an additional 3,609 shares during the period. Hedge funds and other institutional investors own 3.26% of the company’s stock.

Mizuho Financial Group Price Performance

Shares of Mizuho Financial Group stock opened at $5.43 on Thursday. 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 one year low of $3.45 and a one year high of $5.66. The business’s 50 day simple moving average is $5.12 and its two-hundred day simple moving average is $4.58. The stock has a market capitalization of $68.81 billion, a P/E ratio of 13.58, a price-to-earnings-growth ratio of 0.97 and a beta of 0.45.

Mizuho Financial Group (NYSE:MFG) last issued its earnings results on Monday, February 3rd. The bank reported $0.15 EPS for the quarter, topping the consensus estimate of $0.10 by $0.05. Mizuho Financial Group had a net margin of 7.85% and a return on equity of 8.56%. Analysts forecast that Mizuho Financial Group, Inc. will post 0.42 EPS for the current year.

Mizuho Financial Group 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.