Integrated Quantitative Investments LLC bought a new position in shares of KB Financial Group Inc. (NYSE:KB - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 16,800 shares of the bank's stock, valued at approximately $956,000.
Other large investors have also recently bought and sold shares of the company. Hudson Edge Investment Partners Inc. lifted its holdings in shares of KB Financial Group by 5.1% during the 4th quarter. Hudson Edge Investment Partners Inc. now owns 3,472 shares of the bank's stock worth $198,000 after acquiring an additional 168 shares during the period. Candriam S.C.A. boosted its holdings in KB Financial Group by 1.9% during the fourth quarter. Candriam S.C.A. now owns 10,679 shares of the bank's stock valued at $608,000 after purchasing an additional 200 shares in the last quarter. Centiva Capital LP boosted its holdings in KB Financial Group by 6.0% during the third quarter. Centiva Capital LP now owns 5,034 shares of the bank's stock valued at $311,000 after purchasing an additional 283 shares in the last quarter. QRG Capital Management Inc. raised its holdings in shares of KB Financial Group by 2.4% in the 4th quarter. QRG Capital Management Inc. now owns 12,269 shares of the bank's stock worth $698,000 after buying an additional 284 shares in the last quarter. Finally, Henry James International Management Inc. boosted its stake in KB Financial Group by 0.5% in the 4th quarter. Henry James International Management Inc. now owns 63,039 shares of the bank's stock valued at $3,587,000 after buying an additional 293 shares in the last quarter. 11.52% of the stock is currently owned by institutional investors and hedge funds.
KB Financial Group Price Performance
Shares of KB traded up $1.33 on Wednesday, hitting $48.21. The company's stock had a trading volume of 84,419 shares, compared to its average volume of 173,397. The company has a market capitalization of $18.97 billion, a PE ratio of 5.62, a PEG ratio of 0.52 and a beta of 0.92. KB Financial Group Inc. has a fifty-two week low of $45.59 and a fifty-two week high of $72.89. The company has a 50 day moving average price of $55.72 and a 200 day moving average price of $60.77. The company has a debt-to-equity ratio of 2.29, a current ratio of 1.66 and a quick ratio of 1.66.
KB Financial Group (NYSE:KB - Get Free Report) last posted its quarterly earnings data on Wednesday, March 5th. The bank reported $1.21 EPS for the quarter. KB Financial Group had a return on equity of 7.71% and a net margin of 12.33%. The company had revenue of $2.94 billion for the quarter. On average, research analysts anticipate that KB Financial Group Inc. will post 8.87 earnings per share for the current fiscal year.
Analyst Ratings Changes
A number of brokerages have issued reports on KB. Morgan Stanley raised KB Financial Group from an "equal weight" rating to an "overweight" rating in a report on Thursday, December 12th. StockNews.com raised shares of KB Financial Group from a "hold" rating to a "buy" rating in a report on Wednesday, April 2nd.
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KB Financial Group Profile
(
Free Report)
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.
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