KB Financial Group Inc. (NYSE:KB) Shares Sold by V Square Quantitative Management LLC

V Square Quantitative Management LLC lessened its holdings in shares of KB Financial Group Inc. (NYSE:KB - Free Report) by 18.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 21,940 shares of the bank's stock after selling 4,901 shares during the period. V Square Quantitative Management LLC's holdings in KB Financial Group were worth $1,253,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. Connor Clark & Lunn Investment Management Ltd. boosted its holdings in shares of KB Financial Group by 23.0% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 779,499 shares of the bank's stock valued at $48,134,000 after purchasing an additional 145,861 shares during the period. Teachers Retirement System of The State of Kentucky lifted its holdings in KB Financial Group by 15.2% during the third quarter. Teachers Retirement System of The State of Kentucky now owns 426,430 shares of the bank's stock worth $26,332,000 after buying an additional 56,400 shares during the period. Public Employees Retirement System of Ohio purchased a new stake in KB Financial Group during the third quarter worth $7,291,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in KB Financial Group by 46.6% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 93,850 shares of the bank's stock worth $5,795,000 after buying an additional 29,850 shares during the period. Finally, Creative Planning lifted its holdings in KB Financial Group by 9.5% during the third quarter. Creative Planning now owns 86,130 shares of the bank's stock worth $5,319,000 after buying an additional 7,494 shares during the period. Hedge funds and other institutional investors own 11.52% of the company's stock.

Analyst Upgrades and Downgrades

KB has been the subject of a number of analyst reports. StockNews.com upgraded KB Financial Group from a "hold" rating to a "buy" rating in a report on Tuesday, February 11th. Morgan Stanley upgraded KB Financial Group from an "equal weight" rating to an "overweight" rating in a report on Thursday, December 12th.

KB Financial Group Stock Up 3.0 %

KB Financial Group stock traded up $1.65 during mid-day trading on Tuesday, reaching $57.43. 153,359 shares of the company were exchanged, compared to its average volume of 163,360. The business has a fifty day moving average of $59.56 and a 200 day moving average of $62.86. The firm has a market cap of $22.60 billion, a P/E ratio of 6.69, a PEG ratio of 0.46 and a beta of 0.99. 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 Inc. has a 12-month low of $45.59 and a 12-month high of $72.89.

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.