Vanguard Capital Wealth Advisors Cuts Position in Mizuho Financial Group, Inc. (NYSE:MFG)

Vanguard Capital Wealth Advisors decreased its holdings in Mizuho Financial Group, Inc. (NYSE:MFG) by 30.6% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 68,401 shares of the bank’s stock after selling 30,097 shares during the quarter. Vanguard Capital Wealth Advisors’ holdings in Mizuho Financial Group were worth $286,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of MFG. Dakota Wealth Management purchased a new position in Mizuho Financial Group in the third quarter valued at approximately $42,000. Brighton Jones LLC purchased a new position in Mizuho Financial Group in the second quarter valued at approximately $43,000. Riversedge Advisors LLC purchased a new position in Mizuho Financial Group in the second quarter valued at approximately $46,000. ERn Financial LLC purchased a new position in Mizuho Financial Group in the third quarter valued at approximately $46,000. Finally, Kathmere Capital Management LLC acquired a new stake in Mizuho Financial Group in the second quarter valued at approximately $47,000. Hedge funds and other institutional investors own 3.26% of the company’s stock.

Mizuho Financial Group Stock Up 2.4 %

Shares of NYSE:MFG opened at $4.22 on Wednesday. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 1.22. Mizuho Financial Group, Inc. has a 52-week low of $3.14 and a 52-week high of $4.63. The company has a 50 day moving average of $4.14 and a two-hundred day moving average of $4.10. The company has a market capitalization of $53.48 billion, a price-to-earnings ratio of 14.07, a price-to-earnings-growth ratio of 0.69 and a beta of 0.39.

Mizuho Financial Group (NYSE:MFG) last issued its quarterly earnings data on Wednesday, July 31st. The bank reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.02. Mizuho Financial Group had a net margin of 6.38% and a return on equity of 6.64%. The company had revenue of $15.27 billion during the quarter. As a group, analysts forecast that Mizuho Financial Group, Inc. will post 0.44 earnings per share 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.