Capital International Investors Has $29.19 Million Stock Holdings in KB Financial Group Inc. (NYSE:KB)

Capital International Investors lifted its holdings in KB Financial Group Inc. (NYSE:KB - Free Report) by 7.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 512,752 shares of the bank's stock after purchasing an additional 34,585 shares during the quarter. Capital International Investors owned 0.13% of KB Financial Group worth $29,194,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in KB. Raymond James Financial Inc. bought a new stake in KB Financial Group in the fourth quarter valued at approximately $7,301,000. Marshall Wace LLP raised its stake in KB Financial Group by 19.5% in the 4th quarter. Marshall Wace LLP now owns 256,689 shares of the bank's stock valued at $14,606,000 after acquiring an additional 41,818 shares during the period. Connor Clark & Lunn Investment Management Ltd. raised its stake in KB Financial Group by 4.7% in the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 815,893 shares of the bank's stock valued at $46,424,000 after acquiring an additional 36,394 shares during the period. Yousif Capital Management LLC lifted its holdings in KB Financial Group by 576.3% during the 4th quarter. Yousif Capital Management LLC now owns 41,191 shares of the bank's stock valued at $2,344,000 after purchasing an additional 35,100 shares during the last quarter. Finally, Generali Investments CEE investicni spolecnost a.s. bought a new position in KB Financial Group during the fourth quarter worth $1,985,000. Institutional investors and hedge funds own 11.52% of the company's stock.

KB Financial Group Stock Performance

Shares of NYSE KB traded up $1.42 during trading hours on Friday, reaching $60.66. 187,095 shares of the stock were exchanged, compared to its average volume of 190,708. The stock's fifty day simple moving average is $54.73 and its 200 day simple moving average is $60.19. The firm has a market capitalization of $23.87 billion, a price-to-earnings ratio of 7.07, a P/E/G ratio of 0.52 and a beta of 0.92. KB Financial Group Inc. has a 52 week low of $46.38 and a 52 week high of $72.89. The company has a debt-to-equity ratio of 2.29, a quick ratio of 1.66 and a current ratio of 1.66.

KB Financial Group (NYSE:KB - Get Free Report) last announced its earnings results on Wednesday, March 5th. The bank reported $1.21 earnings per share (EPS) for the quarter. KB Financial Group had a net margin of 12.33% and a return on equity of 7.71%. The company had revenue of $2.94 billion during the quarter. Sell-side analysts predict that KB Financial Group Inc. will post 8.87 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of KB Financial Group from a "hold" rating to a "buy" rating in a research report on Friday, April 18th.

KB Financial Group Profile

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.