KB Financial Group Inc. (NYSE:KB) Shares Bought by American Century Companies Inc.

American Century Companies Inc. raised its stake in KB Financial Group Inc. (NYSE:KB - Free Report) by 4.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 613,203 shares of the bank's stock after buying an additional 28,627 shares during the period. American Century Companies Inc. owned approximately 0.16% of KB Financial Group worth $34,891,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Cerity Partners LLC raised its holdings in KB Financial Group by 69.6% during the third quarter. Cerity Partners LLC now owns 34,134 shares of the bank's stock worth $2,108,000 after purchasing an additional 14,008 shares during the last quarter. FMR LLC increased its position in shares of KB Financial Group by 121.6% in the third quarter. FMR LLC now owns 33,642 shares of the bank's stock valued at $2,077,000 after buying an additional 18,459 shares in the last quarter. Quantbot Technologies LP raised its stake in shares of KB Financial Group by 27.0% during the 3rd quarter. Quantbot Technologies LP now owns 5,086 shares of the bank's stock worth $314,000 after buying an additional 1,082 shares during the last quarter. BNP Paribas Financial Markets boosted its position in shares of KB Financial Group by 23.4% in the 3rd quarter. BNP Paribas Financial Markets now owns 12,319 shares of the bank's stock worth $761,000 after buying an additional 2,337 shares in the last quarter. Finally, Townsquare Capital LLC acquired a new stake in KB Financial Group in the 3rd quarter valued at about $338,000. 11.52% of the stock is currently owned by institutional investors and hedge funds.

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KB Financial Group Price Performance

Shares of KB traded up $1.11 during trading hours on Wednesday, reaching $55.75. 101,174 shares of the company traded hands, compared to its average volume of 188,067. The stock has a market capitalization of $21.94 billion, a PE ratio of 6.50, a price-to-earnings-growth ratio of 0.52 and a beta of 0.99. The stock has a fifty day simple moving average of $56.96 and a 200 day simple moving average of $61.21. 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 quick ratio of 1.66, a current ratio of 1.66 and a debt-to-equity ratio of 2.29.

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

Wall Street Analyst Weigh In

KB has been the subject of a number of research reports. StockNews.com raised shares of KB Financial Group from a "hold" rating to a "buy" rating in a report on Wednesday. Morgan Stanley raised KB Financial Group from an "equal weight" rating to an "overweight" rating in a research note on Thursday, December 12th.

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.