Angeles Investment Advisors LLC Decreases Position in Mizuho Financial Group, Inc. (NYSE:MFG)

Angeles Investment Advisors LLC trimmed its holdings in shares of Mizuho Financial Group, Inc. (NYSE:MFG) by 27.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 17,425 shares of the bank’s stock after selling 6,710 shares during the quarter. Angeles Investment Advisors LLC’s holdings in Mizuho Financial Group were worth $85,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in MFG. Wilmington Savings Fund Society FSB acquired a new position in Mizuho Financial Group during the 3rd quarter valued at approximately $25,000. Spire Wealth Management increased 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 valued at $27,000 after acquiring an additional 4,352 shares during the period. TD Private Client Wealth LLC raised its stake in 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 worth $35,000 after acquiring an additional 7,345 shares during the last quarter. CogentBlue Wealth Advisors LLC acquired a new stake in Mizuho Financial Group during the 4th quarter worth about $50,000. Finally, Sierra Ocean LLC purchased a new stake in Mizuho Financial Group during the 4th quarter valued at about $55,000. 3.26% of the stock is owned by institutional investors and hedge funds.

Mizuho Financial Group Stock Down 2.2 %

Shares of MFG stock opened at $5.91 on Tuesday. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.96 and a current ratio of 0.97. Mizuho Financial Group, Inc. has a fifty-two week low of $3.45 and a fifty-two week high of $6.08. The firm has a market capitalization of $74.83 billion, a PE ratio of 14.76, a P/E/G ratio of 0.76 and a beta of 0.39. The stock’s 50-day simple moving average is $5.55 and its 200-day simple moving average is $4.90.

Mizuho Financial Group (NYSE:MFG) last issued its quarterly earnings results on Monday, February 3rd. The bank reported $0.15 earnings per share 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%. Equities 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.