KB Financial Group Inc. (NYSE:KB) Shares Acquired by Marshall Wace LLP

Marshall Wace LLP lifted its position in KB Financial Group Inc. (NYSE:KB - Free Report) by 19.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 256,689 shares of the bank's stock after acquiring an additional 41,818 shares during the period. Marshall Wace LLP owned 0.07% of KB Financial Group worth $14,606,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Connor Clark & Lunn Investment Management Ltd. raised its stake in KB Financial Group by 4.7% during the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 815,893 shares of the bank's stock worth $46,424,000 after purchasing an additional 36,394 shares during the period. American Century Companies Inc. lifted its holdings in KB Financial Group by 4.9% in the fourth 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 last quarter. Ramirez Asset Management Inc. grew its position in KB Financial Group by 0.7% in the fourth quarter. Ramirez Asset Management Inc. now owns 243,300 shares of the bank's stock worth $13,844,000 after acquiring an additional 1,609 shares during the period. Envestnet Asset Management Inc. increased its stake in KB Financial Group by 1.2% during the fourth quarter. Envestnet Asset Management Inc. now owns 169,794 shares of the bank's stock worth $9,661,000 after acquiring an additional 1,950 shares during the last quarter. Finally, Raymond James Financial Inc. purchased a new stake in KB Financial Group in the fourth quarter valued at $7,301,000. 11.52% of the stock is currently owned by hedge funds and other institutional investors.

KB Financial Group Trading Up 2.4 %

KB Financial Group stock traded up $1.42 during trading on Friday, hitting $60.66. The company had a trading volume of 187,095 shares, compared to its average volume of 190,708. The stock has a market cap of $23.87 billion, a price-to-earnings ratio of 7.07, a price-to-earnings-growth ratio of 0.52 and a beta of 0.92. The company has a current ratio of 1.66, a quick ratio of 1.66 and a debt-to-equity ratio of 2.29. KB Financial Group Inc. has a 1-year low of $46.38 and a 1-year high of $72.89. The company's 50 day simple moving average is $54.73 and its 200-day simple moving average is $60.19.

KB Financial Group (NYSE:KB - Get Free Report) last posted its quarterly earnings data on Wednesday, March 5th. The bank reported $1.21 earnings per share (EPS) for the quarter. KB Financial Group had a return on equity of 7.71% and a net margin of 12.33%. The firm had revenue of $2.94 billion for the quarter. As a group, analysts expect that KB Financial Group Inc. will post 8.87 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded KB Financial Group from a "hold" rating to a "buy" rating in a 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.