KB Financial Group Inc. (NYSE:KB - Get Free Report) shares saw an uptick in trading volume on Monday . 188,658 shares traded hands during mid-day trading, an increase of 2% from the previous session's volume of 185,695 shares.The stock last traded at $56.33 and had previously closed at $55.68.
Wall Street Analyst Weigh In
A number of research firms have weighed in on KB. Morgan Stanley upgraded KB Financial Group from an "equal weight" rating to an "overweight" rating in a research note on Thursday, December 12th. StockNews.com downgraded shares of KB Financial Group from a "buy" rating to a "hold" rating in a report on Friday, March 21st.
View Our Latest Report on KB
KB Financial Group Stock Performance
The company has a market capitalization of $21.13 billion, a P/E ratio of 6.25, a PEG ratio of 0.52 and a beta of 0.99. The stock's fifty day moving average price is $57.56 and its 200-day moving average price is $61.38. The company has a debt-to-equity ratio of 2.29, a quick ratio of 1.66 and a current ratio of 1.66.
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 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%. As a group, research analysts anticipate that KB Financial Group Inc. will post 8.87 EPS for the current fiscal year.
Hedge Funds Weigh In On KB Financial Group
Several institutional investors and hedge funds have recently modified their holdings of KB. Wilmington Savings Fund Society FSB bought a new stake in KB Financial Group in the 3rd quarter valued at about $35,000. Tower Research Capital LLC TRC raised its position in shares of KB Financial Group by 659.4% in the fourth quarter. Tower Research Capital LLC TRC now owns 2,415 shares of the bank's stock valued at $137,000 after buying an additional 2,097 shares in the last quarter. Hudson Edge Investment Partners Inc. boosted its stake in shares of KB Financial Group by 5.1% in the fourth quarter. Hudson Edge Investment Partners Inc. now owns 3,472 shares of the bank's stock valued at $198,000 after buying an additional 168 shares during the period. Cetera Investment Advisers grew its position in KB Financial Group by 7.4% during the fourth quarter. Cetera Investment Advisers now owns 3,759 shares of the bank's stock worth $214,000 after buying an additional 258 shares in the last quarter. Finally, Commonwealth Equity Services LLC acquired a new stake in KB Financial Group during the fourth quarter worth approximately $222,000. 11.52% of the stock is currently owned by institutional investors and hedge funds.
About KB Financial Group
(
Get 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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