Aquatic Capital Management LLC decreased its position in shares of KB Financial Group Inc. (NYSE:KB - Free Report) by 50.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 8,660 shares of the bank's stock after selling 8,740 shares during the quarter. Aquatic Capital Management LLC's holdings in KB Financial Group were worth $493,000 as of its most recent filing with the SEC.
Other institutional investors have also modified their holdings of the company. Tower Research Capital LLC TRC boosted its holdings in shares of KB Financial Group by 659.4% in the fourth quarter. Tower Research Capital LLC TRC now owns 2,415 shares of the bank's stock valued at $137,000 after acquiring an additional 2,097 shares in the last quarter. Teachers Retirement System of The State of Kentucky raised its stake in shares of KB Financial Group by 4.9% in the 4th quarter. Teachers Retirement System of The State of Kentucky now owns 447,400 shares of the bank's stock worth $25,457,000 after buying an additional 20,970 shares in the last quarter. Mirabella Financial Services LLP acquired a new stake in shares of KB Financial Group in the fourth quarter valued at $5,000,000. First Trust Advisors LP bought a new position in KB Financial Group during the fourth quarter valued at about $1,466,000. Finally, Capital International Investors grew its holdings in KB Financial Group by 7.2% during the fourth quarter. Capital International Investors now owns 512,752 shares of the bank's stock worth $29,194,000 after acquiring an additional 34,585 shares during the period. Institutional investors own 11.52% of the company's stock.
KB Financial Group Trading Down 0.6 %
Shares of KB Financial Group stock traded down $0.40 on Wednesday, reaching $66.04. 94,825 shares of the company were exchanged, compared to its average volume of 191,436. KB Financial Group Inc. has a fifty-two week low of $46.38 and a fifty-two week high of $72.89. The firm has a market capitalization of $25.99 billion, a price-to-earnings ratio of 7.71, a price-to-earnings-growth ratio of 0.52 and a beta of 0.98. 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 stock has a fifty day moving average price of $55.71 and a 200-day moving average price of $59.90.
KB Financial Group (NYSE:KB - Get Free Report) last posted its quarterly earnings data on Thursday, April 24th. The bank reported $3.02 EPS for the quarter, missing analysts' consensus estimates of $3.04 by ($0.02). The firm had revenue of $3.27 billion for the quarter, compared to analysts' expectations of $4.45 billion. KB Financial Group had a net margin of 12.33% and a return on equity of 7.71%. On average, analysts expect that KB Financial Group Inc. will post 8.87 EPS for the current year.
Analyst Upgrades and Downgrades
Separately, StockNews.com cut shares of KB Financial Group from a "buy" rating to a "hold" rating in a report on Monday, April 28th.
Check Out Our Latest Stock Analysis 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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