CWA Asset Management Group LLC bought a new position in Woori Financial Group Inc. (NYSE:WF - Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 85,240 shares of the bank's stock, valued at approximately $3,046,000.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. QRG Capital Management Inc. lifted its stake in Woori Financial Group by 21.6% in the 3rd quarter. QRG Capital Management Inc. now owns 15,301 shares of the bank's stock worth $547,000 after purchasing an additional 2,716 shares in the last quarter. US Bancorp DE grew its position in Woori Financial Group by 7.1% in the third quarter. US Bancorp DE now owns 29,344 shares of the bank's stock worth $1,048,000 after acquiring an additional 1,949 shares in the last quarter. Ballentine Partners LLC increased its stake in Woori Financial Group by 14.4% during the third quarter. Ballentine Partners LLC now owns 29,797 shares of the bank's stock worth $1,065,000 after acquiring an additional 3,744 shares during the last quarter. Signaturefd LLC raised its position in Woori Financial Group by 1.5% during the third quarter. Signaturefd LLC now owns 44,110 shares of the bank's stock valued at $1,576,000 after purchasing an additional 653 shares during the period. Finally, Allspring Global Investments Holdings LLC purchased a new stake in Woori Financial Group during the third quarter valued at approximately $60,000. Institutional investors own 17.79% of the company's stock.
Woori Financial Group Trading Down 1.3 %
Shares of Woori Financial Group stock traded down $0.45 on Friday, reaching $34.24. The company had a trading volume of 43,211 shares, compared to its average volume of 68,093. The firm has a market cap of $8.48 billion, a price-to-earnings ratio of 4.39, a P/E/G ratio of 0.36 and a beta of 1.06. The company has a debt-to-equity ratio of 0.86, a current ratio of 0.12 and a quick ratio of 0.12. The firm's 50-day moving average price is $35.56 and its two-hundred day moving average price is $33.72. Woori Financial Group Inc. has a 1 year low of $27.60 and a 1 year high of $38.05.
Woori Financial Group (NYSE:WF - Get Free Report) last posted its quarterly earnings data on Wednesday, August 14th. The bank reported $2.53 earnings per share for the quarter, beating analysts' consensus estimates of $2.18 by $0.35. The business had revenue of $2.06 billion for the quarter. Woori Financial Group had a net margin of 11.48% and a return on equity of 7.86%. As a group, research analysts predict that Woori Financial Group Inc. will post 8.59 earnings per share for the current fiscal year.
Woori Financial Group Company Profile
(
Free Report)
Woori Financial Group Inc, a financial holding company, operates as a commercial bank that provides a range of financial products and services to individuals, corporations, and small- and medium-sized enterprises in Korea. It operates through Banking, Credit Card, Capital, Investment Banking, and Others segments.
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