QRG Capital Management Inc. Has $1.65 Million Stake in Mizuho Financial Group, Inc. (NYSE:MFG)

QRG Capital Management Inc. decreased its holdings in Mizuho Financial Group, Inc. (NYSE:MFG - Free Report) by 48.2% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 336,764 shares of the bank's stock after selling 313,662 shares during the quarter. QRG Capital Management Inc.'s holdings in Mizuho Financial Group were worth $1,647,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of MFG. Lake Street Advisors Group LLC boosted its stake in Mizuho Financial Group by 4.4% during the 4th quarter. Lake Street Advisors Group LLC now owns 52,243 shares of the bank's stock valued at $255,000 after purchasing an additional 2,210 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in Mizuho Financial Group by 21.0% during the fourth quarter. Bank of New York Mellon Corp now owns 831,018 shares of the bank's stock worth $4,064,000 after acquiring an additional 144,353 shares during the period. Wealthstream Advisors Inc. raised its position in Mizuho Financial Group by 10.4% in the fourth quarter. Wealthstream Advisors Inc. now owns 27,160 shares of the bank's stock worth $133,000 after acquiring an additional 2,552 shares in the last quarter. Callan Capital LLC lifted its holdings in Mizuho Financial Group by 15.9% in the 4th quarter. Callan Capital LLC now owns 189,320 shares of the bank's stock valued at $926,000 after acquiring an additional 25,990 shares during the last quarter. Finally, Ieq Capital LLC lifted its holdings in Mizuho Financial Group by 9.6% in the 4th quarter. Ieq Capital LLC now owns 107,144 shares of the bank's stock valued at $524,000 after acquiring an additional 9,386 shares during the last quarter. 3.26% of the stock is owned by institutional investors and hedge funds.

Mizuho Financial Group Price Performance

Shares of MFG traded up $0.01 during mid-day trading on Monday, hitting $5.65. The company's stock had a trading volume of 2,144,921 shares, compared to its average volume of 1,296,891. Mizuho Financial Group, Inc. has a fifty-two week low of $3.45 and a fifty-two week high of $5.91. The stock has a market capitalization of $71.60 billion, a price-to-earnings ratio of 14.13, a PEG ratio of 0.76 and a beta of 0.45. The firm has a 50-day moving average price of $5.29 and a 200 day moving average price of $4.73. 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 (NYSE:MFG - Get Free Report) last posted its quarterly earnings data 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%. On average, research analysts predict that Mizuho Financial Group, Inc. will post 0.42 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.