Clarius Group LLC Has $120,000 Stock Holdings in Mizuho Financial Group, Inc. (NYSE:MFG)

Clarius Group LLC lowered its stake in Mizuho Financial Group, Inc. (NYSE:MFG) by 31.4% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 28,437 shares of the bank’s stock after selling 13,004 shares during the quarter. Clarius Group LLC’s holdings in Mizuho Financial Group were worth $120,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in MFG. Tower Research Capital LLC TRC acquired a new position in Mizuho Financial Group in the fourth quarter valued at about $25,000. Russell Investments Group Ltd. raised its position in shares of Mizuho Financial Group by 144.3% in the 4th quarter. Russell Investments Group Ltd. now owns 10,308 shares of the bank’s stock valued at $35,000 after acquiring an additional 6,088 shares during the period. Summit Trail Advisors LLC bought a new position in Mizuho Financial Group during the 4th quarter worth approximately $36,000. Sunpointe LLC bought a new position in Mizuho Financial Group during the 4th quarter worth approximately $41,000. Finally, Perigon Wealth Management LLC acquired a new position in Mizuho Financial Group during the first quarter valued at approximately $41,000. 3.26% of the stock is currently owned by institutional investors.

Mizuho Financial Group Trading Up 2.4 %

MFG traded up $0.09 during mid-day trading on Friday, hitting $3.83. The stock had a trading volume of 518,633 shares, compared to its average volume of 943,975. The stock’s fifty day simple moving average is $4.16 and its 200-day simple moving average is $3.97. The firm has a market capitalization of $48.54 billion, a price-to-earnings ratio of 12.47, a price-to-earnings-growth ratio of 0.86 and a beta of 0.39. Mizuho Financial Group, Inc. has a 1-year low of $3.09 and a 1-year high of $4.63. The company has a debt-to-equity ratio of 1.22, a current ratio of 0.96 and a quick ratio of 0.97.

Mizuho Financial Group (NYSE:MFG) last issued its quarterly earnings data on Wednesday, May 15th. The bank reported ($0.05) EPS for the quarter, missing the consensus estimate of $0.02 by ($0.07). Mizuho Financial Group had a return on equity of 6.64% and a net margin of 6.38%. The business had revenue of $17.41 billion for the quarter. As a group, research analysts forecast that Mizuho Financial Group, Inc. will post 0.39 EPS 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.