Shares of KB Financial Group Inc. (NYSE:KB - Get Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $49.86, but opened at $48.66. KB Financial Group shares last traded at $48.75, with a volume of 26,841 shares changing hands.
Wall Street Analyst Weigh In
Separately, StockNews.com downgraded KB Financial Group from a "buy" rating to a "hold" rating in a research note on Thursday.
Get Our Latest Stock Analysis on KB
KB Financial Group Stock Up 5.0 %
The firm has a market cap of $21.04 billion, a price-to-earnings ratio of 6.23, a price-to-earnings-growth ratio of 0.52 and a beta of 0.92. The company has a quick ratio of 1.66, a current ratio of 1.66 and a debt-to-equity ratio of 2.29. The stock's 50 day moving average is $54.90 and its 200 day moving average is $60.52.
KB Financial Group (NYSE:KB - Get Free Report) last posted its quarterly earnings data on Wednesday, March 5th. The bank reported $1.21 EPS for the quarter. KB Financial Group had a return on equity of 7.71% and a net margin of 12.33%. The company had revenue of $2.94 billion for the quarter. Analysts forecast that KB Financial Group Inc. will post 8.87 EPS for the current year.
Institutional Trading of KB Financial Group
Several institutional investors and hedge funds have recently added to or reduced their stakes in KB. Hudson Edge Investment Partners Inc. lifted its position 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 worth $198,000 after purchasing an additional 168 shares in the last quarter. Seeds Investor LLC increased its stake in KB Financial Group by 2.9% in the 4th quarter. Seeds Investor LLC now owns 6,923 shares of the bank's stock valued at $394,000 after buying an additional 195 shares during the period. Candriam S.C.A. lifted its position in KB Financial Group by 1.9% in the 4th quarter. Candriam S.C.A. now owns 10,679 shares of the bank's stock worth $608,000 after buying an additional 200 shares in the last quarter. Cetera Investment Advisers boosted its stake in shares of KB Financial Group by 7.4% during the 4th quarter. Cetera Investment Advisers now owns 3,759 shares of the bank's stock valued at $214,000 after buying an additional 258 shares during the period. Finally, QRG Capital Management Inc. grew its holdings in shares of KB Financial Group by 2.4% during the 4th quarter. QRG Capital Management Inc. now owns 12,269 shares of the bank's stock valued at $698,000 after acquiring an additional 284 shares in the last quarter. 11.52% of the stock is owned by institutional investors and hedge funds.
KB Financial Group Company Profile
(
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.
Further Reading
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