Woori Bank $WF Shares Acquired by B. Metzler seel. Sohn & Co. AG

Key Points

• B. Metzler seel. Sohn & Co. AG increased its holdings of Woori Bank shares by 14.2% in Q1, owning a total of 38,657 shares valued at approximately $1.29 million.
• Woori Bank reported earnings of $2.63 per share in its latest quarterly results, significantly below the consensus estimate of $3,574.37.
• The bank's current market capitalization is $13.29 billion, with shares trading at around $53.71, reflecting a 12-month price range of $29.44 to $57.97.

B. Metzler seel. Sohn & Co. AG grew its position in shares of Woori Bank (NYSE:WF - Free Report) by 14.2% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 38,657 shares of the bank's stock after buying an additional 4,807 shares during the period. B. Metzler seel. Sohn & Co. AG's holdings in Woori Bank were worth $1,290,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the company. Sequoia Financial Advisors LLC lifted its holdings in Woori Bank by 1.4% during the 1st quarter. Sequoia Financial Advisors LLC now owns 25,030 shares of the bank's stock worth $836,000 after buying an additional 342 shares during the last quarter. Northern Trust Corp lifted its holdings in Woori Bank by 4.7% during the 4th quarter. Northern Trust Corp now owns 26,247 shares of the bank's stock worth $820,000 after buying an additional 1,182 shares during the last quarter. PDS Planning Inc lifted its holdings in Woori Bank by 11.8% during the 1st quarter. PDS Planning Inc now owns 13,260 shares of the bank's stock worth $443,000 after buying an additional 1,403 shares during the last quarter. Public Employees Retirement System of Ohio lifted its holdings in Woori Bank by 4.9% during the 4th quarter. Public Employees Retirement System of Ohio now owns 35,551 shares of the bank's stock worth $1,111,000 after buying an additional 1,657 shares during the last quarter. Finally, Cubist Systematic Strategies LLC lifted its holdings in Woori Bank by 20.0% during the 4th quarter. Cubist Systematic Strategies LLC now owns 9,944 shares of the bank's stock worth $311,000 after buying an additional 1,659 shares during the last quarter. Institutional investors own 3.41% of the company's stock.

Woori Bank Stock Performance

NYSE:WF traded down $1.09 during trading hours on Thursday, reaching $53.14. 56,603 shares of the stock were exchanged, compared to its average volume of 39,266. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.88. The firm has a 50 day simple moving average of $53.59 and a 200-day simple moving average of $43.03. Woori Bank has a 52 week low of $29.44 and a 52 week high of $57.97. The stock has a market capitalization of $13.15 billion, a P/E ratio of 6.69, a P/E/G ratio of 0.97 and a beta of 1.11.

Woori Bank (NYSE:WF - Get Free Report) last released its earnings results 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 8.30% and a net margin of 11.84%.The firm had revenue of $2 billion for the quarter, compared to the consensus estimate of $2,790.97 billion. As a group, sell-side analysts forecast that Woori Bank will post 8.24 earnings per share for the current fiscal year.

About Woori Bank

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.