Advisors Preferred LLC Raises Holdings in Woori Bank (NYSE:WF)

Advisors Preferred LLC grew its position in Woori Bank (NYSE:WF - Free Report) by 1,425.0% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 15,723 shares of the bank's stock after purchasing an additional 14,692 shares during the period. Advisors Preferred LLC's holdings in Woori Bank were worth $533,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of WF. Optas LLC acquired a new stake in Woori Bank during the first quarter worth about $203,000. Foster Group Inc. acquired a new stake in Woori Bank in the first quarter valued at approximately $221,000. Cubist Systematic Strategies LLC grew its holdings in Woori Bank by 20.0% in the fourth quarter. Cubist Systematic Strategies LLC now owns 9,944 shares of the bank's stock valued at $311,000 after purchasing an additional 1,659 shares during the period. LPL Financial LLC grew its holdings in Woori Bank by 8.6% in the fourth quarter. LPL Financial LLC now owns 13,346 shares of the bank's stock valued at $417,000 after purchasing an additional 1,055 shares during the period. Finally, Point72 Asset Management L.P. grew its holdings in Woori Bank by 148.1% in the fourth quarter. Point72 Asset Management L.P. now owns 13,400 shares of the bank's stock valued at $419,000 after purchasing an additional 8,000 shares during the period. 3.41% of the stock is owned by institutional investors and hedge funds.

Woori Bank Price Performance

WF traded down $0.59 during trading on Friday, hitting $54.61. The company's stock had a trading volume of 77,901 shares, compared to its average volume of 82,172. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 0.86. The business's fifty day simple moving average is $47.61 and its 200 day simple moving average is $38.90. The firm has a market capitalization of $13.52 billion, a price-to-earnings ratio of 6.88, a P/E/G ratio of 1.00 and a beta of 1.04. Woori Bank has a twelve month low of $29.44 and a twelve month high of $57.97.

Woori Bank (NYSE:WF - Get Free Report) last announced its quarterly earnings data on Friday, July 25th. The bank reported $2.63 EPS for the quarter, missing analysts' consensus estimates of $3,574.37 by ($3,571.74). Woori Bank had a return on equity of 8.27% and a net margin of 11.56%. The company had revenue of $2 billion for the quarter, compared to analysts' expectations of $2,790.97 billion. On average, equities research analysts forecast that Woori Bank will post 8.24 EPS for the current fiscal year.

Woori Bank 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.