17,600 Shares in Woori Bank $WF Bought by Barometer Capital Management Inc.

Barometer Capital Management Inc. bought a new stake in shares of Woori Bank (NYSE:WF - Free Report) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 17,600 shares of the bank's stock, valued at approximately $1,172,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in WF. V Square Quantitative Management LLC acquired a new stake in Woori Bank during the 1st quarter worth about $26,000. Bessemer Group Inc. lifted its holdings in shares of Woori Bank by 68.1% in the 1st quarter. Bessemer Group Inc. now owns 437 shares of the bank's stock valued at $29,000 after buying an additional 177 shares during the period. Bell Investment Advisors Inc lifted its holdings in shares of Woori Bank by 34.2% in the 1st quarter. Bell Investment Advisors Inc now owns 675 shares of the bank's stock valued at $45,000 after buying an additional 172 shares during the period. Kestra Advisory Services LLC purchased a new stake in shares of Woori Bank in the fourth quarter worth about $43,000. Finally, Smartleaf Asset Management LLC boosted its stake in shares of Woori Bank by 551.7% in the second quarter. Smartleaf Asset Management LLC now owns 984 shares of the bank's stock worth $48,000 after buying an additional 833 shares during the last quarter. 3.41% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the company. Zacks Research raised Woori Bank from a "strong sell" rating to a "hold" rating in a report on Tuesday, June 23rd. Weiss Ratings cut shares of Woori Bank from a "buy (b)" rating to a "buy (b-)" rating in a research note on Monday, June 8th. Finally, Wall Street Zen cut shares of Woori Bank from a "buy" rating to a "hold" rating in a research note on Saturday, April 4th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, Woori Bank has an average rating of "Moderate Buy".

Woori Bank Trading Up 2.0%

WF stock opened at $63.49 on Wednesday. Woori Bank has a 52-week low of $48.83 and a 52-week high of $84.71. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.87. The firm has a market cap of $15.41 billion, a P/E ratio of 7.34, a PEG ratio of 0.68 and a beta of 1.02. The company's 50-day simple moving average is $61.34 and its 200-day simple moving average is $65.51.

Woori Bank (NYSE:WF - Get Free Report) last announced its quarterly earnings results on Friday, April 24th. The bank reported $1.59 earnings per share for the quarter, missing the consensus estimate of $2.60 by ($1.01). The business had revenue of $1.88 billion during the quarter, compared to analysts' expectations of $1.99 billion. Woori Bank had a net margin of 13.34% and a return on equity of 8.46%. As a group, equities analysts forecast that Woori Bank will post 8.4 EPS for the current fiscal year.

Woori Bank Profile

Woori Bank Co, Ltd. NYSE: WF is a South Korean commercial bank and the principal banking unit of Woori Financial Group. Established in 2001 through the merger of Hanvit Bank and Peace Bank, the institution traces its roots to earlier banking entities that date back to the late 19th and mid-20th centuries. Headquartered in Seoul, Woori Bank operates under a universal banking model, serving both individual customers and corporate clients with a comprehensive suite of financial products and services.

The bank's core operations encompass retail banking, corporate and investment banking, treasury services, and wealth management.

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