Connor Clark & Lunn Investment Management Ltd. boosted its holdings in Woori Financial Group Inc. (NYSE:WF - Free Report) by 79.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 537,402 shares of the bank's stock after purchasing an additional 238,131 shares during the period. Connor Clark & Lunn Investment Management Ltd. owned about 0.22% of Woori Financial Group worth $19,201,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Meritage Portfolio Management boosted its holdings in shares of Woori Financial Group by 17.1% in the 3rd quarter. Meritage Portfolio Management now owns 170,316 shares of the bank's stock valued at $6,085,000 after buying an additional 24,845 shares during the last quarter. Creative Planning grew its position in shares of Woori Financial Group by 29.4% in the 3rd quarter. Creative Planning now owns 155,822 shares of the bank's stock valued at $5,568,000 after acquiring an additional 35,442 shares during the period. Acadian Asset Management LLC increased its stake in shares of Woori Financial Group by 78.3% during the 2nd quarter. Acadian Asset Management LLC now owns 94,538 shares of the bank's stock worth $3,026,000 after purchasing an additional 41,520 shares during the last quarter. CWA Asset Management Group LLC bought a new stake in shares of Woori Financial Group in the 3rd quarter valued at about $3,046,000. Finally, O Shaughnessy Asset Management LLC lifted its stake in Woori Financial Group by 5.2% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 84,148 shares of the bank's stock valued at $2,729,000 after purchasing an additional 4,179 shares during the last quarter. 17.79% of the stock is currently owned by institutional investors and hedge funds.
Woori Financial Group Stock Performance
Shares of WF traded up $0.47 during mid-day trading on Thursday, reaching $35.91. The company's stock had a trading volume of 6,723 shares, compared to its average volume of 59,229. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.87. Woori Financial Group Inc. has a 1-year low of $27.60 and a 1-year high of $38.05. The business has a 50-day simple moving average of $35.37 and a two-hundred day simple moving average of $33.88. The stock has a market cap of $8.89 billion, a P/E ratio of 4.61, a PEG ratio of 0.37 and a beta of 1.06.
About Woori Financial Group
(
Free Report)
Woori Financial Group Inc, a financial holding company, operates as a commercial bank that provides a range of financial products and services to individuals, corporations, and small- and medium-sized enterprises in Korea. It operates through Banking, Credit Card, Capital, Investment Banking, and Others segments.
Featured Articles
Before you consider Woori Financial Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Woori Financial Group wasn't on the list.
While Woori Financial Group currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
