88,096 Shares in KB Financial Group Inc. (NYSE:KB) Purchased by Mirabella Financial Services LLP

Mirabella Financial Services LLP acquired a new position in KB Financial Group Inc. (NYSE:KB - Free Report) during the fourth quarter, according to the company in its most recent filing with the SEC. The fund acquired 88,096 shares of the bank's stock, valued at approximately $5,000,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Connor Clark & Lunn Investment Management Ltd. lifted its stake in shares of KB Financial Group by 4.7% in the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 815,893 shares of the bank's stock worth $46,424,000 after acquiring an additional 36,394 shares in the last quarter. American Century Companies Inc. raised its position 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 purchasing an additional 28,627 shares in the last quarter. Capital International Investors raised its position 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 valued at $29,194,000 after purchasing an additional 34,585 shares in the last quarter. Marshall Wace LLP grew its position in shares of KB Financial Group by 19.5% during the fourth quarter. Marshall Wace LLP now owns 256,689 shares of the bank's stock worth $14,606,000 after buying an additional 41,818 shares in the last quarter. Finally, Ramirez Asset Management Inc. grew its position in shares of KB Financial Group by 0.7% during the fourth quarter. Ramirez Asset Management Inc. now owns 243,300 shares of the bank's stock worth $13,844,000 after buying an additional 1,609 shares in the last quarter. 11.52% of the stock is owned by hedge funds and other institutional investors.

KB Financial Group Stock Up 1.9 %

NYSE:KB traded up $1.11 during mid-day trading on Friday, reaching $60.35. The stock had a trading volume of 101,970 shares, compared to its average volume of 190,378. 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 company has a market capitalization of $23.75 billion, a price-to-earnings ratio of 7.03, a price-to-earnings-growth 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 stock's 50 day simple moving average is $54.73 and its two-hundred day simple moving average is $60.19.

KB Financial Group (NYSE:KB - Get Free Report) last issued its earnings results on Wednesday, March 5th. The bank reported $1.21 EPS for the quarter. The company 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%. Equities analysts anticipate that KB Financial Group Inc. will post 8.87 EPS for the current year.

Analyst Upgrades and Downgrades

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

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.