KB Financial Group Inc. (NYSE:KB) Shares Sold by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP decreased its position in shares of KB Financial Group Inc. (NYSE:KB - Free Report) by 0.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,487,149 shares of the bank's stock after selling 7,574 shares during the quarter. Dimensional Fund Advisors LP owned approximately 0.63% of KB Financial Group worth $141,530,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently modified their holdings of KB. Connor Clark & Lunn Investment Management Ltd. raised its holdings in KB Financial Group by 4.7% in the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 815,893 shares of the bank's stock valued at $46,424,000 after buying an additional 36,394 shares during the period. American Century Companies Inc. raised its stake in shares of KB Financial Group by 4.9% in the 4th quarter. American Century Companies Inc. now owns 613,203 shares of the bank's stock valued at $34,891,000 after acquiring an additional 28,627 shares during the period. Capital International Investors lifted its holdings in shares of KB Financial Group by 7.2% in the 4th quarter. Capital International Investors now owns 512,752 shares of the bank's stock worth $29,194,000 after acquiring an additional 34,585 shares during the last quarter. Marshall Wace LLP boosted its position in shares of KB Financial Group by 19.5% during the 4th quarter. Marshall Wace LLP now owns 256,689 shares of the bank's stock worth $14,606,000 after purchasing an additional 41,818 shares during the period. Finally, Ramirez Asset Management Inc. increased its holdings in KB Financial Group by 0.7% in the 4th quarter. Ramirez Asset Management Inc. now owns 243,300 shares of the bank's stock valued at $13,844,000 after purchasing an additional 1,609 shares during the last quarter. Hedge funds and other institutional investors own 11.52% of the company's stock.

KB Financial Group Stock Performance

NYSE KB opened at $60.66 on Friday. The company has a market cap of $23.87 billion, a P/E 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 company has a debt-to-equity ratio of 2.29, a current ratio of 1.66 and a quick ratio of 1.66. The stock has a 50-day moving average of $54.79 and a two-hundred day moving average of $60.16.

KB Financial Group (NYSE:KB - Get Free Report) last released its 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, analysts anticipate that KB Financial Group Inc. will post 8.87 EPS for the current year.

Wall Street Analysts Forecast Growth

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

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.

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