Cresset Asset Management LLC Has $59,000 Stock Position in Mizuho Financial Group, Inc. (NYSE:MFG)

Cresset Asset Management LLC lowered its holdings in shares of Mizuho Financial Group, Inc. (NYSE:MFG) by 93.8% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 12,096 shares of the bank’s stock after selling 183,346 shares during the period. Cresset Asset Management LLC’s holdings in Mizuho Financial Group were worth $59,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Spire Wealth Management raised its holdings in shares of Mizuho Financial Group by 377.8% during the 4th quarter. Spire Wealth Management now owns 5,504 shares of the bank’s stock worth $27,000 after buying an additional 4,352 shares in the last quarter. Bessemer Group Inc. raised its holdings in shares of Mizuho Financial Group by 51.5% during the 4th quarter. Bessemer Group Inc. now owns 6,430 shares of the bank’s stock worth $31,000 after buying 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 4th quarter worth $50,000. Seeds Investor LLC acquired a new position in shares of Mizuho Financial Group during the 4th quarter worth $52,000. Finally, Sierra Ocean LLC acquired a new position in shares of Mizuho Financial Group during the 4th quarter worth $55,000. Institutional investors and hedge funds own 3.26% of the company’s stock.

Mizuho Financial Group Price Performance

Mizuho Financial Group stock opened at $5.13 on Monday. Mizuho Financial Group, Inc. has a 52 week low of $3.45 and a 52 week high of $6.08. The stock has a fifty day moving average of $5.14 and a 200-day moving average of $5.15. 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 market capitalization of $64.56 billion, a P/E ratio of 12.81, a price-to-earnings-growth ratio of 0.76 and a beta of 0.38.

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. Mizuho Financial Group had a return on equity of 8.56% and a net margin of 7.85%. The business had revenue of $12.84 billion during the quarter. On average, sell-side analysts expect that Mizuho Financial Group, Inc. will post 0.42 earnings per share for the current fiscal 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.