Woori Financial Group Inc. (NYSE:WF) Shares Bought by Bank of America Corp DE

Bank of America Corp DE lifted its holdings in shares of Woori Financial Group Inc. (NYSE:WF - Free Report) by 19.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 140,654 shares of the bank's stock after buying an additional 23,015 shares during the period. Bank of America Corp DE owned approximately 0.06% of Woori Financial Group worth $4,395,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in WF. Caprock Group LLC lifted its holdings in Woori Financial Group by 3.1% in the fourth quarter. Caprock Group LLC now owns 15,225 shares of the bank's stock worth $476,000 after purchasing an additional 464 shares during the period. Yousif Capital Management LLC acquired a new position in Woori Financial Group during the 4th quarter valued at about $705,000. Advisors Preferred LLC bought a new stake in shares of Woori Financial Group during the 4th quarter worth about $32,000. SBI Securities Co. Ltd. acquired a new stake in shares of Woori Financial Group in the 4th quarter worth approximately $25,000. Finally, Connor Clark & Lunn Investment Management Ltd. lifted its stake in shares of Woori Financial Group by 6.5% in the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 572,589 shares of the bank's stock worth $17,893,000 after acquiring an additional 35,187 shares during the period. 3.41% of the stock is owned by institutional investors.

Woori Financial Group Price Performance

Shares of NYSE WF traded down $0.49 during mid-day trading on Friday, reaching $41.67. 45,806 shares of the company traded hands, compared to its average volume of 64,785. Woori Financial Group Inc. has a fifty-two week low of $29.44 and a fifty-two week high of $42.67. The firm has a market cap of $10.31 billion, a PE ratio of 5.42, a price-to-earnings-growth ratio of 0.77 and a beta of 0.98. The stock has a fifty day simple moving average of $36.19 and a 200-day simple moving average of $34.40. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.09 and a quick ratio of 1.09.

About Woori Financial Group

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.