KB Financial Group (NYSE:KB) Rating Lowered to Hold at StockNews.com

KB Financial Group (NYSE:KB - Get Free Report) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating in a research note issued to investors on Monday.

Separately, Morgan Stanley raised shares of KB Financial Group from an "equal weight" rating to an "overweight" rating in a research report on Thursday, December 12th.

KB Financial Group Price Performance

KB stock traded down $0.27 during midday trading on Monday, reaching $58.75. 120,793 shares of the stock were exchanged, compared to its average volume of 146,824. 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 market capitalization of $23.12 billion, a PE ratio of 6.85, a P/E/G ratio of 0.47 and a beta of 0.99. KB Financial Group has a 52 week low of $45.59 and a 52 week high of $72.89. The company has a fifty day moving average price of $60.58 and a 200 day moving average price of $63.14.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Creative Planning boosted its holdings in KB Financial Group by 9.5% in the 3rd quarter. Creative Planning now owns 86,130 shares of the bank's stock worth $5,319,000 after buying an additional 7,494 shares during the period. SG Americas Securities LLC purchased a new position in shares of KB Financial Group in the fourth quarter valued at $856,000. FMR LLC grew 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 purchasing an additional 18,459 shares in the last quarter. Cerity Partners LLC raised its stake in shares of KB Financial Group by 69.6% during the 3rd quarter. Cerity Partners LLC now owns 34,134 shares of the bank's stock valued at $2,108,000 after purchasing an additional 14,008 shares during the period. Finally, Blue Trust Inc. lifted its holdings in shares of KB Financial Group by 30.5% in the fourth quarter. Blue Trust Inc. now owns 36,868 shares of the bank's stock worth $2,277,000 after buying an additional 8,625 shares in the last quarter. Institutional investors own 11.52% of the company's stock.

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.