Yousif Capital Management LLC Sells 47,075 Shares of Mizuho Financial Group, Inc. (NYSE:MFG)

Yousif Capital Management LLC lowered its holdings in Mizuho Financial Group, Inc. (NYSE:MFG - Free Report) by 24.0% in the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 148,754 shares of the bank's stock after selling 47,075 shares during the quarter. Yousif Capital Management LLC's holdings in Mizuho Financial Group were worth $820,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Bank of New York Mellon Corp lifted its stake in shares of Mizuho Financial Group by 21.0% in the 4th 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 period. Charles Schwab Investment Management Inc. lifted its stake in shares of Mizuho Financial Group by 20.0% in the 4th 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 period. Vanguard Capital Wealth Advisors lifted its stake in shares of Mizuho Financial Group by 129.5% in the 4th quarter. Vanguard Capital Wealth Advisors now owns 157,004 shares of the bank's stock valued at $768,000 after purchasing an additional 88,603 shares during the period. Orion Portfolio Solutions LLC lifted its stake in shares of Mizuho Financial Group by 48.1% in the 4th quarter. Orion Portfolio Solutions LLC now owns 624,582 shares of the bank's stock valued at $3,054,000 after purchasing an additional 202,958 shares during the period. Finally, Forum Financial Management LP lifted its stake in shares of Mizuho Financial Group by 33.3% in the 4th quarter. Forum Financial Management LP now owns 364,094 shares of the bank's stock valued at $1,780,000 after purchasing an additional 90,960 shares during the period. Hedge funds and other institutional investors own 3.26% of the company's stock.

Mizuho Financial Group Price Performance

MFG stock traded down $0.02 on Monday, reaching $5.43. 2,967,037 shares of the company traded hands, compared to its average volume of 2,052,820. Mizuho Financial Group, Inc. has a one year low of $3.45 and a one year high of $6.08. The company has a market cap of $68.40 billion, a P/E ratio of 11.55, a price-to-earnings-growth ratio of 0.68 and a beta of 0.40. The firm has a fifty day simple moving average of $5.23 and a 200-day simple moving average of $5.27.

Mizuho Financial Group (NYSE:MFG - Get Free Report) last posted its quarterly earnings data on Thursday, May 15th. The bank reported $0.03 earnings per share for the quarter, meeting analysts' consensus estimates of $0.03. Mizuho Financial Group had a return on equity of 10.38% and a net margin of 9.81%. The company had revenue of $12.84 billion during the quarter, compared to analyst estimates of $5.38 billion. On average, sell-side analysts forecast that Mizuho Financial Group, Inc. will post 0.42 EPS for the current year.

About Mizuho Financial Group

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.