Barclays PLC lowered its holdings in KB Financial Group Inc. (NYSE:KB - Free Report) by 98.9% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,068 shares of the bank's stock after selling 99,767 shares during the quarter. Barclays PLC's holdings in KB Financial Group were worth $66,000 as of its most recent filing with the SEC.
Several other large investors also recently made changes to their positions in the business. BOCHK Asset Management Ltd bought a new position in shares of KB Financial Group in the 3rd quarter worth $25,000. Benjamin F. Edwards & Company Inc. boosted its holdings in KB Financial Group by 66.1% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 779 shares of the bank's stock worth $44,000 after buying an additional 310 shares during the last quarter. Venturi Wealth Management LLC grew its position in shares of KB Financial Group by 2,427.9% during the 3rd quarter. Venturi Wealth Management LLC now owns 1,087 shares of the bank's stock worth $67,000 after buying an additional 1,044 shares during the period. GAMMA Investing LLC grew its position in shares of KB Financial Group by 36.9% during the 3rd quarter. GAMMA Investing LLC now owns 1,279 shares of the bank's stock worth $79,000 after buying an additional 345 shares during the period. Finally, CWM LLC increased its stake in shares of KB Financial Group by 5.7% in the 3rd quarter. CWM LLC now owns 2,851 shares of the bank's stock valued at $176,000 after acquiring an additional 155 shares during the last quarter. Institutional investors own 11.52% of the company's stock.
KB Financial Group Price Performance
Shares of KB stock traded up $0.05 during trading hours on Friday, reaching $62.04. The company's stock had a trading volume of 132,093 shares, compared to its average volume of 133,161. 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 Inc. has a fifty-two week low of $39.19 and a fifty-two week high of $72.89. The company has a market capitalization of $24.41 billion, a price-to-earnings ratio of 7.23, a PEG ratio of 0.47 and a beta of 0.99. The firm's 50 day simple moving average is $61.89 and its 200-day simple moving average is $63.10.
Analyst Upgrades and Downgrades
A number of equities research analysts recently issued reports on the company. StockNews.com raised KB Financial Group from a "hold" rating to a "buy" rating in a research report on Tuesday, October 29th. Morgan Stanley upgraded shares of KB Financial Group from an "equal weight" rating to an "overweight" rating in a report on Thursday, December 12th.
View Our Latest Analysis on KB
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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