Freedom Investment Management Inc. Has $227,000 Position in KB Financial Group Inc. (NYSE:KB)

Freedom Investment Management Inc. reduced its stake in KB Financial Group Inc. (NYSE:KB - Free Report) by 73.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,670 shares of the bank's stock after selling 10,263 shares during the period. Freedom Investment Management Inc.'s holdings in KB Financial Group were worth $227,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in KB. BOCHK Asset Management Ltd acquired a new stake in KB Financial Group during the third quarter worth about $25,000. Hilltop National Bank acquired a new stake in shares of KB Financial Group during the 2nd quarter worth approximately $34,000. Benjamin F. Edwards & Company Inc. increased its stake in KB Financial Group by 66.1% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 779 shares of the bank's stock valued at $44,000 after acquiring an additional 310 shares during the last quarter. GAMMA Investing LLC raised its position in KB Financial Group by 35.6% during the second quarter. GAMMA Investing LLC now owns 934 shares of the bank's stock valued at $53,000 after purchasing an additional 245 shares in the last quarter. Finally, Venturi Wealth Management LLC lifted its stake in KB Financial Group by 2,427.9% during the third quarter. Venturi Wealth Management LLC now owns 1,087 shares of the bank's stock worth $67,000 after purchasing an additional 1,044 shares during the last quarter. Institutional investors and hedge funds own 11.52% of the company's stock.

Analysts Set New Price Targets

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

KB Financial Group Trading Down 0.2 %

NYSE:KB traded down $0.17 during mid-day trading on Monday, hitting $68.76. 78,599 shares of the company's stock were exchanged, compared to its average volume of 192,417. KB Financial Group Inc. has a fifty-two week low of $36.57 and a fifty-two week high of $72.89. The company has a current ratio of 1.66, a quick ratio of 1.66 and a debt-to-equity ratio of 2.29. The firm has a market capitalization of $27.06 billion, a P/E ratio of 8.01, a PEG ratio of 0.61 and a beta of 0.97. The company has a 50 day simple moving average of $66.24 and a 200-day simple moving average of $62.45.

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.