Cerity Partners LLC Sells 92,575 Shares of Mizuho Financial Group, Inc. (NYSE:MFG)

Cerity Partners LLC decreased its holdings in shares of Mizuho Financial Group, Inc. (NYSE:MFG - Free Report) by 14.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 565,340 shares of the bank's stock after selling 92,575 shares during the quarter. Cerity Partners LLC's holdings in Mizuho Financial Group were worth $2,609,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Brighton Jones LLC grew its stake in Mizuho Financial Group by 19.3% in the 4th quarter. Brighton Jones LLC now owns 12,343 shares of the bank's stock valued at $60,000 after buying an additional 1,998 shares during the last quarter. Farther Finance Advisors LLC increased its stake in shares of Mizuho Financial Group by 10.8% during the fourth quarter. Farther Finance Advisors LLC now owns 21,129 shares of the bank's stock worth $103,000 after purchasing an additional 2,054 shares during the period. Pinnacle Wealth Planning Services Inc. lifted its holdings in Mizuho Financial Group by 6.7% during the 4th quarter. Pinnacle Wealth Planning Services Inc. now owns 34,890 shares of the bank's stock worth $171,000 after purchasing an additional 2,188 shares during the last quarter. Lake Street Advisors Group LLC boosted its stake in Mizuho Financial Group by 4.4% in 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 during the period. Finally, Rhumbline Advisers grew its holdings in Mizuho Financial Group by 0.7% in the 4th quarter. Rhumbline Advisers now owns 330,565 shares of the bank's stock valued at $1,616,000 after buying an additional 2,268 shares in the last quarter. 3.26% of the stock is currently owned by institutional investors and hedge funds.

Mizuho Financial Group Stock Performance

Shares of Mizuho Financial Group stock traded down $0.03 during trading on Monday, reaching $4.81. The company's stock had a trading volume of 4,396,434 shares, compared to its average volume of 1,641,981. The company has a quick ratio of 0.96, a current ratio of 0.97 and a debt-to-equity ratio of 1.39. The business's 50-day moving average price is $5.39 and its 200-day moving average price is $5.04. Mizuho Financial Group, Inc. has a 52 week low of $3.45 and a 52 week high of $6.08. The firm has a market cap of $60.59 billion, a PE ratio of 12.03, a P/E/G ratio of 0.76 and a beta of 0.33.

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 (EPS) for the quarter, beating 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%. Equities analysts forecast 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.