Nomura Holdings Inc. Purchases Shares of 5,500 KB Financial Group Inc. (NYSE:KB)

Nomura Holdings Inc. acquired a new stake in KB Financial Group Inc. (NYSE:KB - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 5,500 shares of the bank's stock, valued at approximately $313,000.

Other large investors have also modified their holdings of the company. SG Americas Securities LLC acquired a new stake in shares of KB Financial Group during the fourth quarter worth $856,000. Blue Trust Inc. lifted its holdings in shares of KB Financial Group by 30.5% during the fourth quarter. Blue Trust Inc. now owns 36,868 shares of the bank's stock worth $2,277,000 after purchasing an additional 8,625 shares during the period. Optas LLC acquired a new stake in shares of KB Financial Group during the fourth quarter worth $261,000. Yousif Capital Management LLC lifted its holdings in shares of KB Financial Group by 576.3% during the fourth quarter. Yousif Capital Management LLC now owns 41,191 shares of the bank's stock worth $2,344,000 after purchasing an additional 35,100 shares during the period. Finally, Adero Partners LLC lifted its holdings in shares of KB Financial Group by 8.7% during the fourth quarter. Adero Partners LLC now owns 5,539 shares of the bank's stock worth $315,000 after purchasing an additional 442 shares during the period. 11.52% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen upgraded KB Financial Group from a "hold" rating to a "buy" rating in a research report on Wednesday, May 21st.

KB Financial Group Price Performance

Shares of KB traded up $2.17 during trading hours on Monday, reaching $71.92. The company had a trading volume of 159,737 shares, compared to its average volume of 190,655. The company has a current ratio of 1.66, a quick ratio of 1.66 and a debt-to-equity ratio of 2.29. KB Financial Group Inc. has a 12-month low of $46.38 and a 12-month high of $72.89. The firm has a 50 day simple moving average of $59.29 and a 200-day simple moving average of $59.89. The company has a market capitalization of $28.30 billion, a price-to-earnings ratio of 8.38, a PEG ratio of 0.52 and a beta of 0.98.

KB Financial Group (NYSE:KB - Get Free Report) last released 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 company had revenue of $3.27 billion for the quarter, compared to analysts' expectations of $4.45 billion. KB Financial Group had a return on equity of 7.71% and a net margin of 12.33%. Research analysts expect that KB Financial Group Inc. will post 8.87 earnings per share for the current year.

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.