BNP Paribas Financial Markets Purchases 14,915 Shares of Shinhan Financial Group Co., Ltd. (NYSE:SHG)

BNP Paribas Financial Markets raised its holdings in Shinhan Financial Group Co., Ltd. (NYSE:SHG - Free Report) by 117.8% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 27,573 shares of the bank's stock after acquiring an additional 14,915 shares during the period. BNP Paribas Financial Markets' holdings in Shinhan Financial Group were worth $1,168,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. FSC Wealth Advisors LLC purchased a new position in Shinhan Financial Group in the 3rd quarter worth approximately $76,000. GAMMA Investing LLC increased its stake in Shinhan Financial Group by 45.4% in the 3rd quarter. GAMMA Investing LLC now owns 1,988 shares of the bank's stock worth $84,000 after purchasing an additional 621 shares during the period. Waldron Private Wealth LLC purchased a new position in Shinhan Financial Group in the 3rd quarter worth approximately $126,000. Allspring Global Investments Holdings LLC increased its stake in Shinhan Financial Group by 34.5% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 3,079 shares of the bank's stock worth $130,000 after purchasing an additional 789 shares during the period. Finally, Fifth Third Bancorp purchased a new position in Shinhan Financial Group in the 2nd quarter worth approximately $107,000. Hedge funds and other institutional investors own 7.76% of the company's stock.

Shinhan Financial Group Trading Down 1.2 %

Shinhan Financial Group stock traded down $0.44 during trading hours on Tuesday, reaching $35.25. The company had a trading volume of 222,360 shares, compared to its average volume of 131,675. The company has a debt-to-equity ratio of 1.53, a current ratio of 1.04 and a quick ratio of 1.04. The company has a 50-day moving average price of $40.06 and a 200 day moving average price of $39.37. The firm has a market cap of $17.75 billion, a price-to-earnings ratio of 5.53, a P/E/G ratio of 0.59 and a beta of 0.92. Shinhan Financial Group Co., Ltd. has a 12-month low of $27.09 and a 12-month high of $46.05.

Shinhan Financial Group (NYSE:SHG - Get Free Report) last issued its quarterly earnings data on Friday, October 25th. The bank reported $1.76 earnings per share for the quarter, topping analysts' consensus estimates of $1.74 by $0.02. The firm had revenue of $3.11 billion for the quarter. Shinhan Financial Group had a return on equity of 7.34% and a net margin of 12.21%. Equities analysts forecast that Shinhan Financial Group Co., Ltd. will post 6.32 earnings per share for the current year.

About Shinhan Financial Group

Shinhan Financial Group Co, Ltd. provides financial products and services in South Korea and internationally. The company operates through six segments: Banking, Credit Card, Securities, Insurance, Credit, and Others. It offers retail banking services, including demand, savings, and fixed deposit-taking; checking accounts; mortgage and home equity, and retail lending; electronic banking and automatic teller machines (ATM); and bill paying, payroll and check-cashing, currency exchange, and wire fund transfer services.