Yousif Capital Management LLC grew its stake in KB Financial Group Inc. (NYSE:KB - Free Report) by 576.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 41,191 shares of the bank's stock after acquiring an additional 35,100 shares during the period. Yousif Capital Management LLC's holdings in KB Financial Group were worth $2,344,000 at the end of the most recent quarter.
Other hedge funds also recently modified their holdings of the company. BOCHK Asset Management Ltd acquired a new stake in KB Financial Group in the 3rd quarter valued at about $25,000. Wilmington Savings Fund Society FSB acquired a new stake in KB Financial Group in the 3rd quarter valued at about $35,000. Venturi Wealth Management LLC boosted its stake in shares of KB Financial Group by 2,427.9% during the 3rd quarter. Venturi Wealth Management LLC now owns 1,087 shares of the bank's stock worth $67,000 after acquiring an additional 1,044 shares during the period. GAMMA Investing LLC increased its holdings in shares of KB Financial Group by 36.9% during the 3rd quarter. GAMMA Investing LLC now owns 1,279 shares of the bank's stock worth $79,000 after acquiring an additional 345 shares during the last quarter. Finally, CWM LLC raised its stake in KB Financial Group by 5.7% in the 3rd quarter. CWM LLC now owns 2,851 shares of the bank's stock valued at $176,000 after acquiring an additional 155 shares during the period. Institutional investors own 11.52% of the company's stock.
KB Financial Group Stock Performance
Shares of NYSE:KB traded down $0.54 during trading on Friday, reaching $55.75. 254,838 shares of the stock were exchanged, compared to its average volume of 163,695. KB Financial Group Inc. has a 12 month low of $45.59 and a 12 month high of $72.89. The stock has a 50-day moving average price of $59.70 and a 200-day moving average price of $63.01. The company has a current ratio of 1.66, a quick ratio of 1.66 and a debt-to-equity ratio of 2.29. The firm has a market cap of $21.94 billion, a PE ratio of 6.50, a PEG ratio of 0.46 and a beta of 0.99.
Analyst Upgrades and Downgrades
A number of equities analysts have commented on the stock. StockNews.com raised shares of KB Financial Group from a "hold" rating to a "buy" rating in a research report on Tuesday. Morgan Stanley upgraded shares of KB Financial Group from an "equal weight" rating to an "overweight" rating in a research note on Thursday, December 12th.
View Our Latest Stock Report on KB
About KB Financial Group
(
Free Report)
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.
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