KB Financial Group Inc. (NYSE:KB) Shares Sold by Blue Trust Inc.

Blue Trust Inc. decreased its stake in shares of KB Financial Group Inc. (NYSE:KB - Free Report) by 74.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,117 shares of the bank's stock after selling 21,126 shares during the quarter. Blue Trust Inc.'s holdings in KB Financial Group were worth $405,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of KB. BOCHK Asset Management Ltd purchased a new stake in KB Financial Group during the third quarter worth $25,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of KB Financial Group in the third quarter valued at about $35,000. Venturi Wealth Management LLC raised its position in shares of KB Financial Group by 2,427.9% in the third quarter. Venturi Wealth Management LLC now owns 1,087 shares of the bank's stock valued at $67,000 after buying an additional 1,044 shares during the last quarter. CWM LLC raised its position in shares of KB Financial Group by 5.7% in the third quarter. CWM LLC now owns 2,851 shares of the bank's stock valued at $176,000 after buying an additional 155 shares during the last quarter. Finally, Drive Wealth Management LLC acquired a new stake in shares of KB Financial Group in the third quarter valued at about $219,000. Institutional investors and hedge funds own 11.52% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the stock. StockNews.com upgraded shares of KB Financial Group from a "hold" rating to a "buy" rating in a research report on Tuesday, February 11th. Morgan Stanley upgraded shares of KB Financial Group from an "equal weight" rating to an "overweight" rating in a research report on Thursday, December 12th.

KB Financial Group Trading Down 1.3 %

KB Financial Group stock traded down $0.78 during midday trading on Friday, hitting $57.22. 161,423 shares of the stock were exchanged, compared to its average volume of 162,118. KB Financial Group Inc. has a fifty-two week low of $45.59 and a fifty-two week high of $72.89. The stock has a market capitalization of $22.52 billion, a price-to-earnings ratio of 6.67, a PEG ratio of 0.51 and a beta of 0.99. The stock's 50-day simple moving average is $59.42 and its 200 day simple moving average is $62.76. The company has a current ratio of 1.66, a quick ratio of 1.66 and a debt-to-equity ratio of 2.29.

About KB Financial Group

KB Financial Group Inc provides a range of banking and related financial services to consumers and corporations in South Korea, the United States, New Zealand, China, Cambodia, the United Kingdom, Indonesia, and internationally. The company operates through Retail Banking, Corporate Banking, Other Banking Services, Credit Card, Securities, Life Insurance, and Non-Life Insurance segments.