KB Financial Group Inc. (NYSE:KB) Shares Sold by Polen Capital Management LLC

Polen Capital Management LLC lowered its position in shares of KB Financial Group Inc. (NYSE:KB - Free Report) by 81.4% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 14,529 shares of the bank's stock after selling 63,738 shares during the quarter. Polen Capital Management LLC's holdings in KB Financial Group were worth $827,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of the company. Wilmington Savings Fund Society FSB acquired a new position in KB Financial Group during the third quarter worth $35,000. Hudson Edge Investment Partners Inc. raised its position in KB Financial Group by 5.1% during the fourth quarter. Hudson Edge Investment Partners Inc. now owns 3,472 shares of the bank's stock worth $198,000 after acquiring an additional 168 shares during the last quarter. Drive Wealth Management LLC acquired a new stake in shares of KB Financial Group in the third quarter valued at approximately $219,000. Glenmede Trust Co. NA purchased a new position in shares of KB Financial Group during the 3rd quarter worth approximately $236,000. Finally, Commonwealth Equity Services LLC purchased a new stake in KB Financial Group in the 4th quarter valued at approximately $222,000. Hedge funds and other institutional investors own 11.52% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on KB shares. StockNews.com downgraded KB Financial Group from a "buy" rating to a "hold" rating in a research report on Friday. Morgan Stanley upgraded shares of KB Financial Group from an "equal weight" rating to an "overweight" rating in a report on Thursday, December 12th.

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KB Financial Group Trading Down 0.5 %

KB traded down $0.26 during trading on Friday, hitting $55.59. The company's stock had a trading volume of 95,050 shares, compared to its average volume of 164,716. KB Financial Group Inc. has a twelve month low of $45.59 and a twelve month high of $72.89. The firm's 50 day moving average price is $58.09 and its 200-day moving average price is $61.64. 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 cap of $21.88 billion, a PE ratio of 6.48, a PEG ratio of 0.52 and a beta of 0.99.

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

About KB Financial Group

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.