Callan Capital LLC Takes $72,000 Position in Mizuho Financial Group, Inc. (NYSE:MFG)

Callan Capital LLC bought a new stake in Mizuho Financial Group, Inc. (NYSE:MFG) in the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 20,816 shares of the bank’s stock, valued at approximately $72,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Addison Advisors LLC increased its position in Mizuho Financial Group by 17.8% in the third quarter. Addison Advisors LLC now owns 35,097 shares of the bank’s stock worth $120,000 after purchasing an additional 5,295 shares during the period. Ballentine Partners LLC increased its position in Mizuho Financial Group by 21.7% in the fourth quarter. Ballentine Partners LLC now owns 80,179 shares of the bank’s stock worth $276,000 after purchasing an additional 14,300 shares during the period. Mariner LLC increased its position in Mizuho Financial Group by 20.6% in the third quarter. Mariner LLC now owns 828,705 shares of the bank’s stock worth $2,842,000 after purchasing an additional 141,362 shares during the period. FMR LLC increased its position in Mizuho Financial Group by 11.7% in the third quarter. FMR LLC now owns 11,516,942 shares of the bank’s stock worth $39,503,000 after purchasing an additional 1,206,471 shares during the period. Finally, Ingalls & Snyder LLC increased its position in Mizuho Financial Group by 100.0% in the fourth quarter. Ingalls & Snyder LLC now owns 20,000 shares of the bank’s stock worth $69,000 after purchasing an additional 10,000 shares during the period. 3.26% of the stock is currently owned by institutional investors and hedge funds.

Mizuho Financial Group Stock Down 1.0 %

MFG stock traded down $0.04 during midday trading on Friday, reaching $3.85. The stock had a trading volume of 599,130 shares, compared to its average volume of 1,129,027. Mizuho Financial Group, Inc. has a twelve month low of $2.81 and a twelve month high of $4.32. The firm has a market cap of $49.38 billion, a price-to-earnings ratio of 10.69, a PEG ratio of 0.74 and a beta of 0.42. The business has a fifty day simple moving average of $3.90 and a two-hundred day simple moving average of $3.62.

Mizuho Financial Group (NYSE:MFG) last issued its earnings results on Friday, February 2nd. The bank reported $0.11 earnings per share (EPS) for the quarter. Mizuho Financial Group had a return on equity of 6.72% and a net margin of 8.48%. The firm had revenue of $12.97 billion for the quarter. On average, equities analysts predict that Mizuho Financial Group, Inc. will post 0.36 earnings per share for the current fiscal 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.