BNP Paribas Financial Markets Sells 47,307 Shares of Mizuho Financial Group, Inc. (NYSE:MFG)

BNP Paribas Financial Markets lowered its stake in shares of Mizuho Financial Group, Inc. (NYSE:MFG - Free Report) by 55.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 37,336 shares of the bank's stock after selling 47,307 shares during the period. BNP Paribas Financial Markets' holdings in Mizuho Financial Group were worth $183,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Bank of New York Mellon Corp grew its position in shares of Mizuho Financial Group by 21.0% in the fourth quarter. Bank of New York Mellon Corp now owns 831,018 shares of the bank's stock valued at $4,064,000 after purchasing an additional 144,353 shares during the last quarter. Charles Schwab Investment Management Inc. grew its position in shares of Mizuho Financial Group by 20.0% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 952,107 shares of the bank's stock valued at $4,656,000 after purchasing an additional 158,478 shares during the last quarter. Orion Portfolio Solutions LLC grew its position in Mizuho Financial Group by 48.1% during the fourth quarter. Orion Portfolio Solutions LLC now owns 624,582 shares of the bank's stock worth $3,054,000 after buying an additional 202,958 shares in the last quarter. Northern Trust Corp grew its position in Mizuho Financial Group by 86.1% during the fourth quarter. Northern Trust Corp now owns 9,743,983 shares of the bank's stock worth $47,648,000 after buying an additional 4,508,649 shares in the last quarter. Finally, XY Capital Ltd acquired a new stake in Mizuho Financial Group during the fourth quarter worth approximately $575,000. Institutional investors own 3.26% of the company's stock.

Mizuho Financial Group Price Performance

NYSE:MFG traded up $0.07 during trading hours on Friday, reaching $5.56. 3,000,181 shares of the company were exchanged, compared to its average volume of 1,966,804. The company has a market capitalization of $70.04 billion, a P/E ratio of 13.90, a P/E/G ratio of 0.76 and a beta of 0.38. Mizuho Financial Group, Inc. has a 1-year low of $3.45 and a 1-year high of $6.08. The company has a debt-to-equity ratio of 1.39, a current ratio of 0.97 and a quick ratio of 0.96. The business has a 50 day moving average of $5.07 and a 200 day moving average of $5.20.

Mizuho Financial Group (NYSE:MFG - Get Free Report) last issued its quarterly earnings results on Thursday, May 15th. The bank reported $0.03 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.03. The business had revenue of $12.84 billion for the quarter, compared to the consensus estimate of $5.38 billion. Mizuho Financial Group had a return on equity of 8.56% and a net margin of 7.85%. Research analysts forecast that Mizuho Financial Group, Inc. will post 0.42 EPS 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.