Teachers Retirement System of The State of Kentucky Has $25.46 Million Holdings in KB Financial Group Inc. (NYSE:KB)

Teachers Retirement System of The State of Kentucky increased its stake in KB Financial Group Inc. (NYSE:KB - Free Report) by 4.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 447,400 shares of the bank's stock after acquiring an additional 20,970 shares during the period. Teachers Retirement System of The State of Kentucky owned approximately 0.11% of KB Financial Group worth $25,457,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the stock. Stifel Financial Corp lifted its position in KB Financial Group by 1.5% in the third quarter. Stifel Financial Corp now owns 21,371 shares of the bank's stock worth $1,320,000 after purchasing an additional 308 shares during the period. Sanctuary Advisors LLC lifted its holdings in shares of KB Financial Group by 11.8% in the third quarter. Sanctuary Advisors LLC now owns 10,243 shares of the bank's stock valued at $633,000 after buying an additional 1,085 shares during the period. Wilmington Savings Fund Society FSB acquired a new stake in shares of KB Financial Group in the third quarter valued at $35,000. Aprio Wealth Management LLC boosted its stake in KB Financial Group by 14.6% during the fourth quarter. Aprio Wealth Management LLC now owns 9,171 shares of the bank's stock valued at $522,000 after buying an additional 1,171 shares in the last quarter. Finally, Gilman Hill Asset Management LLC grew its holdings in KB Financial Group by 1.5% during the fourth quarter. Gilman Hill Asset Management LLC now owns 67,138 shares of the bank's stock worth $3,820,000 after acquiring an additional 961 shares during the period. Institutional investors and hedge funds own 11.52% of the company's stock.

Wall Street Analyst Weigh In

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

KB Financial Group Price Performance

KB stock traded up $1.42 on Friday, hitting $60.66. 187,198 shares of the company's stock traded hands, compared to its average volume of 191,084. 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 stock has a market cap 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 1-year low of $46.38 and a 1-year high of $72.89. The stock has a fifty day moving average of $54.79 and a 200-day moving average of $60.16.

KB Financial Group (NYSE:KB - Get Free Report) last released its quarterly earnings data on Wednesday, March 5th. The bank reported $1.21 earnings per share for the quarter. The business had revenue of $2.94 billion during the quarter. KB Financial Group had a return on equity of 7.71% and a net margin of 12.33%. On average, analysts forecast that KB Financial Group Inc. will post 8.87 EPS for the current fiscal year.

About KB Financial Group

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.