Augustine Asset Management Inc. Sells 25,613 Shares of Mizuho Financial Group, Inc. (NYSE:MFG)

Augustine Asset Management Inc. decreased its holdings in shares of Mizuho Financial Group, Inc. (NYSE:MFG) by 3.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 842,065 shares of the bank’s stock after selling 25,613 shares during the quarter. Mizuho Financial Group accounts for approximately 1.1% of Augustine Asset Management Inc.’s portfolio, making the stock its 16th largest position. Augustine Asset Management Inc.’s holdings in Mizuho Financial Group were worth $4,118,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Brighton Jones LLC grew its position in Mizuho Financial Group by 19.3% in the fourth quarter. Brighton Jones LLC now owns 12,343 shares of the bank’s stock worth $60,000 after acquiring an additional 1,998 shares in the last quarter. Werba Rubin Papier Wealth Management lifted its stake in Mizuho Financial Group by 5.4% during the third quarter. Werba Rubin Papier Wealth Management now owns 46,494 shares of the bank’s stock worth $194,000 after purchasing an additional 2,366 shares during the last quarter. Jane Street Group LLC boosted its holdings in shares of Mizuho Financial Group by 25.3% in the 3rd quarter. Jane Street Group LLC now owns 16,080 shares of the bank’s stock worth $67,000 after purchasing an additional 3,248 shares in the last quarter. Greenleaf Trust increased its position in shares of Mizuho Financial Group by 6.0% during the 3rd quarter. Greenleaf Trust now owns 58,610 shares of the bank’s stock valued at $245,000 after purchasing an additional 3,305 shares during the last quarter. Finally, SYM FINANCIAL Corp raised its holdings in shares of Mizuho Financial Group by 9.2% during the 4th quarter. SYM FINANCIAL Corp now owns 42,661 shares of the bank’s stock valued at $209,000 after buying an additional 3,609 shares in the last quarter. 3.26% of the stock is currently owned by institutional investors.

Mizuho Financial Group Stock Performance

NYSE:MFG opened at $5.50 on Wednesday. The company has a market capitalization of $69.64 billion, a price-to-earnings ratio of 13.74, a PEG ratio of 0.97 and a beta of 0.45. The business has a 50 day moving average of $5.11 and a 200 day moving average of $4.57. The company has a debt-to-equity ratio of 1.39, a current ratio of 0.97 and a quick ratio of 0.96. Mizuho Financial Group, Inc. has a 1-year low of $3.45 and a 1-year high of $5.66.

Mizuho Financial Group (NYSE:MFG) last announced its quarterly earnings data on Monday, February 3rd. The bank reported $0.15 earnings per share for the quarter, topping analysts’ consensus estimates of $0.10 by $0.05. Mizuho Financial Group had a net margin of 7.85% and a return on equity of 8.56%. On average, sell-side analysts predict 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.