Crossmark Global Holdings Inc. Sells 13,868 Shares of KB Financial Group Inc. (NYSE:KB)

Crossmark Global Holdings Inc. decreased its position in KB Financial Group Inc. (NYSE:KB - Free Report) by 42.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 18,802 shares of the bank's stock after selling 13,868 shares during the quarter. Crossmark Global Holdings Inc.'s holdings in KB Financial Group were worth $1,161,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. Boston Partners increased its stake in KB Financial Group by 195.1% in the 1st quarter. Boston Partners now owns 100,447 shares of the bank's stock worth $5,233,000 after purchasing an additional 66,413 shares in the last quarter. Teachers Retirement System of The State of Kentucky lifted its position in shares of KB Financial Group by 20.9% in the first quarter. Teachers Retirement System of The State of Kentucky now owns 370,030 shares of the bank's stock worth $19,267,000 after buying an additional 64,000 shares during the last quarter. Acadian Asset Management LLC raised its position in shares of KB Financial Group by 32.0% in the first quarter. Acadian Asset Management LLC now owns 257,611 shares of the bank's stock valued at $13,409,000 after purchasing an additional 62,455 shares during the period. NINE MASTS CAPITAL Ltd bought a new position in shares of KB Financial Group in the second quarter worth about $2,038,000. Finally, American Century Companies Inc. lifted its holdings in shares of KB Financial Group by 7.1% during the second quarter. American Century Companies Inc. now owns 511,542 shares of the bank's stock worth $28,958,000 after buying an additional 33,900 shares during the last quarter. Institutional investors own 11.52% of the company's stock.

Analyst Ratings Changes

Separately, StockNews.com raised shares of KB Financial Group from a "hold" rating to a "buy" rating in a research report on Tuesday, October 29th.

KB Financial Group Price Performance

KB traded down $0.05 during midday trading on Thursday, reaching $64.42. 140,536 shares of the company's stock were exchanged, compared to its average volume of 197,013. The company has a quick ratio of 1.67, a current ratio of 1.67 and a debt-to-equity ratio of 2.33. The business has a 50-day simple moving average of $64.69 and a two-hundred day simple moving average of $61.37. The firm has a market capitalization of $25.35 billion, a price-to-earnings ratio of 7.84, a price-to-earnings-growth ratio of 0.57 and a beta of 0.97. KB Financial Group Inc. has a one year low of $36.57 and a one year high of $72.89.

KB Financial Group (NYSE:KB - Get Free Report) last released its quarterly earnings results on Wednesday, August 14th. The bank reported $3.06 EPS for the quarter, beating analysts' consensus estimates of $2.70 by $0.36. The firm had revenue of $3.18 billion for the quarter. KB Financial Group had a net margin of 12.13% and a return on equity of 7.29%. As a group, research analysts predict that KB Financial Group Inc. will post 9.29 EPS for the current year.

KB Financial Group Company 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.