Naviter Wealth LLC Sells 2,921 Shares of Mizuho Financial Group, Inc. (NYSE:MFG)

Naviter Wealth LLC lowered its position in Mizuho Financial Group, Inc. (NYSE:MFG) by 1.0% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 285,691 shares of the bank’s stock after selling 2,921 shares during the period. Naviter Wealth LLC’s holdings in Mizuho Financial Group were worth $1,397,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of MFG. Wilmington Savings Fund Society FSB acquired a new position in Mizuho Financial Group in the third quarter valued at $25,000. Spire Wealth Management raised its position in shares of Mizuho Financial Group by 377.8% in the 4th quarter. Spire Wealth Management now owns 5,504 shares of the bank’s stock worth $27,000 after acquiring an additional 4,352 shares in the last quarter. TD Private Client Wealth LLC lifted its stake 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 purchasing an additional 7,345 shares during the period. CogentBlue Wealth Advisors LLC bought a new stake in shares of Mizuho Financial Group during the 4th quarter valued at about $50,000. Finally, Sierra Ocean LLC bought a new stake in shares of Mizuho Financial Group during the 4th quarter valued at about $55,000. 3.26% of the stock is owned by institutional investors.

Mizuho Financial Group Trading Down 0.8 %

Shares of MFG stock opened at $5.71 on Friday. Mizuho Financial Group, Inc. has a fifty-two week low of $3.45 and a fifty-two week high of $5.91. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.96 and a current ratio of 0.97. The stock has a 50 day simple moving average of $5.37 and a two-hundred day simple moving average of $4.78. The company has a market cap of $72.30 billion, a P/E ratio of 14.26, a PEG ratio of 0.76 and a beta of 0.39.

Mizuho Financial Group (NYSE:MFG) last announced its quarterly earnings data 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%. Research analysts forecast that Mizuho Financial Group, Inc. will post 0.42 earnings per share 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.