Sanctuary Advisors LLC Invests $91,000 in Mizuho Financial Group, Inc. (NYSE:MFG)

Sanctuary Advisors LLC purchased a new stake in Mizuho Financial Group, Inc. (NYSE:MFG) in the 2nd quarter, according to its most recent filing with the SEC. The fund purchased 23,683 shares of the bank’s stock, valued at approximately $91,000.

A number of other large investors also recently made changes to their positions in the business. Traveka Wealth LLC grew its holdings in Mizuho Financial Group by 22.8% in the second quarter. Traveka Wealth LLC now owns 12,793 shares of the bank’s stock valued at $54,000 after purchasing an additional 2,373 shares during the period. PFW Advisors LLC boosted its holdings in shares of Mizuho Financial Group by 25.4% in the 2nd quarter. PFW Advisors LLC now owns 13,241 shares of the bank’s stock valued at $56,000 after purchasing an additional 2,680 shares during the last quarter. Envestnet Portfolio Solutions Inc. grew its stake in shares of Mizuho Financial Group by 26.6% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 12,896 shares of the bank’s stock valued at $51,000 after buying an additional 2,712 shares during the period. Rhumbline Advisers increased its holdings in shares of Mizuho Financial Group by 0.8% during the 2nd quarter. Rhumbline Advisers now owns 325,847 shares of the bank’s stock worth $1,378,000 after buying an additional 2,721 shares during the last quarter. Finally, Benjamin F. Edwards & Company Inc. raised its position in shares of Mizuho Financial Group by 8.9% in the 1st quarter. Benjamin F. Edwards & Company Inc. now owns 34,672 shares of the bank’s stock worth $138,000 after buying an additional 2,819 shares during the period. Hedge funds and other institutional investors own 3.26% of the company’s stock.

Mizuho Financial Group Price Performance

Shares of Mizuho Financial Group stock opened at $4.27 on Tuesday. The business’s fifty day moving average price is $4.14 and its 200 day moving average price is $4.09. Mizuho Financial Group, Inc. has a twelve month low of $3.14 and a twelve month high of $4.63. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 1.22. The stock has a market capitalization of $54.11 billion, a P/E ratio of 14.23, a PEG ratio of 0.67 and a beta of 0.39.

Mizuho Financial Group (NYSE:MFG) last issued its earnings results on Wednesday, July 31st. The bank reported $0.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.11 by $0.02. Mizuho Financial Group had a return on equity of 6.64% and a net margin of 6.38%. The business had revenue of $15.27 billion during the quarter. As a group, research analysts anticipate that Mizuho Financial Group, Inc. will post 0.44 earnings per share for the current year.

Mizuho Financial Group Company 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.