Aquatic Capital Management LLC Cuts Holdings in KB Financial Group Inc. (NYSE:KB)

Aquatic Capital Management LLC decreased its stake in shares of KB Financial Group Inc. (NYSE:KB - Free Report) by 50.2% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 8,660 shares of the bank's stock after selling 8,740 shares during the period. Aquatic Capital Management LLC's holdings in KB Financial Group were worth $493,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Wilmington Savings Fund Society FSB bought a new position in KB Financial Group in the 3rd quarter worth approximately $35,000. Tower Research Capital LLC TRC boosted its position in KB Financial Group by 659.4% during the fourth quarter. Tower Research Capital LLC TRC now owns 2,415 shares of the bank's stock worth $137,000 after purchasing an additional 2,097 shares during the period. Hudson Edge Investment Partners Inc. raised its holdings in KB Financial Group by 5.1% in the 4th quarter. Hudson Edge Investment Partners Inc. now owns 3,472 shares of the bank's stock valued at $198,000 after acquiring an additional 168 shares during the period. Commonwealth Equity Services LLC bought a new position in KB Financial Group during the fourth quarter worth about $222,000. Finally, Optas LLC bought a new stake in KB Financial Group in the 4th quarter valued at about $261,000. Institutional investors and hedge funds own 11.52% of the company's stock.

Analyst Ratings Changes

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

KB Financial Group Price Performance

KB traded up $0.39 during trading on Thursday, hitting $66.48. 62,758 shares of the stock traded hands, compared to its average volume of 191,378. 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 company has a market cap of $26.16 billion, a price-to-earnings ratio of 7.75, a PEG ratio of 0.52 and a beta of 0.98. KB Financial Group Inc. has a twelve month low of $46.38 and a twelve month high of $72.89. The business has a 50 day moving average price of $55.95 and a 200 day moving average price of $59.94.

KB Financial Group (NYSE:KB - Get Free Report) last posted its earnings results on Thursday, April 24th. The bank reported $3.02 EPS for the quarter, missing the consensus estimate of $3.04 by ($0.02). KB Financial Group had a return on equity of 7.71% and a net margin of 12.33%. The business had revenue of $3.27 billion for the quarter, compared to analyst estimates of $4.45 billion. Equities research analysts forecast that KB Financial Group Inc. will post 8.87 earnings per share for the current fiscal year.

KB Financial Group Company 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.