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

Vanguard Capital Wealth Advisors cut its stake in shares of Mizuho Financial Group, Inc. (NYSE:MFG) by 30.6% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 68,401 shares of the bank’s stock after selling 30,097 shares during the quarter. Vanguard Capital Wealth Advisors’ holdings in Mizuho Financial Group were worth $286,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in MFG. Dakota Wealth Management acquired a new position in shares of Mizuho Financial Group during the 3rd quarter worth $42,000. Brighton Jones LLC acquired a new stake in Mizuho Financial Group in the 2nd quarter valued at about $43,000. Riversedge Advisors LLC acquired a new stake in Mizuho Financial Group in the 2nd quarter valued at about $46,000. ERn Financial LLC acquired a new stake in Mizuho Financial Group in the 3rd quarter valued at about $46,000. Finally, Kathmere Capital Management LLC acquired a new stake in Mizuho Financial Group in the 2nd quarter valued at about $47,000. 3.26% of the stock is owned by institutional investors and hedge funds.

Mizuho Financial Group Price Performance

Shares of NYSE MFG opened at $4.22 on Wednesday. The stock has a market cap of $53.48 billion, a price-to-earnings ratio of 14.07, a PEG ratio of 0.69 and a beta of 0.39. Mizuho Financial Group, Inc. has a 52 week low of $3.14 and a 52 week high of $4.63. The company’s 50-day moving average price is $4.14 and its 200 day moving average price is $4.10. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 1.22.

Mizuho Financial Group (NYSE:MFG) last released its quarterly earnings results on Wednesday, July 31st. The bank reported $0.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.11 by $0.02. Mizuho Financial Group had a net margin of 6.38% and a return on equity of 6.64%. The company had revenue of $15.27 billion for the quarter. As a group, research analysts forecast that Mizuho Financial Group, Inc. will post 0.44 earnings per share for the current fiscal 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.