Choreo LLC Sells 5,121 Shares of Mizuho Financial Group, Inc. (NYSE:MFG)

Choreo LLC trimmed its position in Mizuho Financial Group, Inc. (NYSE:MFG) by 4.9% in the fourth quarter, Holdings Channel.com reports. The firm owned 98,361 shares of the bank’s stock after selling 5,121 shares during the period. Choreo LLC’s holdings in Mizuho Financial Group were worth $484,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of MFG. Wilmington Savings Fund Society FSB acquired a new position in shares of Mizuho Financial Group in the 3rd quarter valued at $25,000. Spire Wealth Management increased its holdings in Mizuho Financial Group by 377.8% in the fourth quarter. Spire Wealth Management now owns 5,504 shares of the bank’s stock valued at $27,000 after purchasing an additional 4,352 shares during the last quarter. TD Private Client Wealth LLC lifted its stake 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 during the period. Dakota Wealth Management bought a new position in Mizuho Financial Group during the third quarter worth about $42,000. Finally, ERn Financial LLC acquired a new position in shares of Mizuho Financial Group during the 3rd quarter worth about $46,000. Institutional investors and hedge funds own 3.26% of the company’s stock.

Mizuho Financial Group Stock Up 0.6 %

Shares of NYSE:MFG opened at $5.50 on Wednesday. The company has a 50 day moving average price of $5.11 and a two-hundred day moving average price of $4.57. 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 company has a market capitalization of $69.64 billion, a PE ratio of 13.74, a PEG ratio of 0.97 and a beta of 0.45. Mizuho Financial Group, Inc. has a 52 week low of $3.45 and a 52 week high of $5.66.

Mizuho Financial Group (NYSE:MFG) last released its quarterly earnings data on Monday, February 3rd. The bank reported $0.15 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.05. Mizuho Financial Group had a return on equity of 8.56% and a net margin of 7.85%. 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.