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

Vanguard Capital Wealth Advisors cut its holdings in shares of Mizuho Financial Group, Inc. (NYSE:MFG) by 7.1% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 145,870 shares of the bank’s stock after selling 11,134 shares during the period. Mizuho Financial Group accounts for approximately 1.0% of Vanguard Capital Wealth Advisors’ investment portfolio, making the stock its 24th biggest holding. Vanguard Capital Wealth Advisors’ holdings in Mizuho Financial Group were worth $804,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Spire Wealth Management increased its position in shares of 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 purchasing an additional 4,352 shares in the last quarter. Bessemer Group Inc. increased its position in shares of Mizuho Financial Group by 51.5% during the fourth quarter. Bessemer Group Inc. now owns 6,430 shares of the bank’s stock worth $31,000 after purchasing an additional 2,187 shares in the last quarter. CogentBlue Wealth Advisors LLC acquired a new position in shares of Mizuho Financial Group during the fourth quarter worth $50,000. BIP Alliance LLC acquired a new position in shares of Mizuho Financial Group in the 4th quarter valued at $51,000. Finally, Seeds Investor LLC purchased a new position in Mizuho Financial Group in the 4th quarter worth $52,000. 3.26% of the stock is owned by institutional investors and hedge funds.

Mizuho Financial Group Stock Performance

Shares of MFG stock opened at $5.57 on Friday. The firm has a market capitalization of $70.16 billion, a price-to-earnings ratio of 13.93, a price-to-earnings-growth ratio of 0.76 and a beta of 0.40. The company has a debt-to-equity ratio of 1.39, a current ratio of 0.97 and a quick ratio of 0.96. The business has a fifty day moving average of $5.06 and a 200 day moving average of $5.23. Mizuho Financial Group, Inc. has a 1 year low of $3.45 and a 1 year high of $6.08.

Mizuho Financial Group (NYSE:MFG) last issued its earnings results on Thursday, May 15th. The bank reported $0.03 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.03. The company had revenue of $12.84 billion during the quarter, compared to analyst estimates of $5.38 billion. Mizuho Financial Group had a return on equity of 8.56% and a net margin of 7.85%. As a group, research analysts expect that Mizuho Financial Group, Inc. will post 0.42 earnings per share 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.