First Trust Advisors LP Takes $1.47 Million Position in KB Financial Group Inc. (NYSE:KB)

First Trust Advisors LP acquired a new position in shares of KB Financial Group Inc. (NYSE:KB - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 25,773 shares of the bank's stock, valued at approximately $1,466,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of KB. Wilmington Savings Fund Society FSB acquired a new position in KB Financial Group during the third quarter worth $35,000. Aprio Wealth Management LLC grew its holdings in KB Financial Group by 14.6% during the fourth quarter. Aprio Wealth Management LLC now owns 9,171 shares of the bank's stock worth $522,000 after acquiring an additional 1,171 shares during the period. Gilman Hill Asset Management LLC grew its holdings in KB Financial Group by 1.5% during the fourth quarter. Gilman Hill Asset Management LLC now owns 67,138 shares of the bank's stock worth $3,820,000 after acquiring an additional 961 shares during the period. Ballentine Partners LLC grew its holdings in KB Financial Group by 3.0% during the fourth quarter. Ballentine Partners LLC now owns 23,312 shares of the bank's stock worth $1,326,000 after acquiring an additional 685 shares during the period. Finally, SG Americas Securities LLC acquired a new stake in KB Financial Group in the fourth quarter valued at $856,000. Institutional investors and hedge funds own 11.52% of the company's stock.

KB Financial Group Price Performance

KB Financial Group stock traded up $0.13 during trading hours on Monday, hitting $66.15. The stock had a trading volume of 11,986 shares, compared to its average volume of 190,596. 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 capitalization of $26.03 billion, a price-to-earnings ratio of 7.71, a PEG ratio of 0.52 and a beta of 0.98. KB Financial Group Inc. has a 1-year low of $46.38 and a 1-year high of $72.89. The stock's fifty day moving average is $56.45 and its two-hundred day moving average is $59.82.

KB Financial Group (NYSE:KB - Get Free Report) last issued its quarterly earnings data on Thursday, April 24th. The bank reported $3.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.04 by ($0.02). KB Financial Group had a net margin of 12.33% and a return on equity of 7.71%. The company had revenue of $3.27 billion during the quarter, compared to analysts' expectations of $4.45 billion. As a group, analysts predict that KB Financial Group Inc. will post 8.87 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered KB Financial Group from a "buy" rating to a "hold" rating in a report on Monday, April 28th.

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.