Compound Planning Inc. Acquires Shares of 6,448 Woori Bank $WF

Key Points

• Compound Planning Inc. acquired a new stake of 6,448 shares in Woori Bank, valued at approximately $215,000, as disclosed in their latest 13F filing.
• Notable hedge funds like Bank of America Corp and GAMMA Investing LLC also increased their stakes in Woori Bank, indicating growing institutional interest.
• Woori Bank reported an earnings per share (EPS) of $2.63, significantly missing analysts' expectations of $3,574.37 for the quarter.

Compound Planning Inc. acquired a new stake in Woori Bank (NYSE:WF - Free Report) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 6,448 shares of the bank's stock, valued at approximately $215,000.

A number of other institutional investors also recently added to or reduced their stakes in the company. HighTower Advisors LLC purchased a new position in Woori Bank in the first quarter worth approximately $207,000. US Bancorp DE lifted its position in shares of Woori Bank by 32.1% during the 1st quarter. US Bancorp DE now owns 37,864 shares of the bank's stock worth $1,264,000 after purchasing an additional 9,207 shares during the last quarter. Abacus Wealth Partners LLC purchased a new stake in shares of Woori Bank during the 1st quarter worth $249,000. XTX Topco Ltd purchased a new stake in shares of Woori Bank during the 1st quarter worth $298,000. Finally, Canopy Partners LLC purchased a new stake in shares of Woori Bank during the 1st quarter worth $201,000. Hedge funds and other institutional investors own 3.41% of the company's stock.

Woori Bank Stock Up 1.2%

Shares of Woori Bank stock traded up $0.62 during trading on Wednesday, hitting $54.33. 48,956 shares of the stock were exchanged, compared to its average volume of 38,517. The stock has a market cap of $13.45 billion, a price-to-earnings ratio of 6.84, a price-to-earnings-growth ratio of 0.96 and a beta of 1.11. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.09 and a quick ratio of 1.09. The firm's 50-day moving average price is $53.52 and its 200 day moving average price is $42.91. Woori Bank has a 12-month low of $29.44 and a 12-month high of $57.97.

Woori Bank (NYSE:WF - Get Free Report) last announced its quarterly earnings results on Friday, July 25th. The bank reported $2.63 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $3,574.37 by ($3,571.74). The business had revenue of $2 billion for the quarter, compared to analysts' expectations of $2,790.97 billion. Woori Bank had a return on equity of 8.30% and a net margin of 11.84%. As a group, analysts forecast that Woori Bank will post 8.24 earnings per share for the current fiscal year.

Woori Bank Company Profile

Woori Financial Group Inc, a financial holding company, operates as a commercial bank that provides a range of financial products and services to individuals, corporations, and small- and medium-sized enterprises in Korea. It operates through Banking, Credit Card, Capital, Investment Banking, and Others segments.