Two Sigma Investments LP Decreases Stock Holdings in KB Financial Group Inc. (NYSE:KB)

Two Sigma Investments LP trimmed its position in KB Financial Group Inc. (NYSE:KB - Free Report) by 26.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 89,673 shares of the bank's stock after selling 31,607 shares during the period. Two Sigma Investments LP's holdings in KB Financial Group were worth $5,102,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in KB. Northern Trust Corp grew its stake in shares of KB Financial Group by 310.0% in the 4th quarter. Northern Trust Corp now owns 912,529 shares of the bank's stock worth $51,923,000 after buying an additional 689,979 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of KB Financial Group in the fourth quarter worth $7,301,000. Silvercrest Asset Management Group LLC bought a new position in shares of KB Financial Group during the fourth quarter valued at $5,489,000. Mirabella Financial Services LLP bought a new position in shares of KB Financial Group during the fourth quarter valued at $5,000,000. Finally, Marshall Wace LLP raised its position in shares of KB Financial Group by 19.5% in the 4th quarter. Marshall Wace LLP now owns 256,689 shares of the bank's stock worth $14,606,000 after purchasing an additional 41,818 shares during the last quarter. Institutional investors own 11.52% of the company's stock.

KB Financial Group Stock Up 0.9%

NYSE KB traded up $0.67 during mid-day trading on Friday, reaching $74.75. The stock had a trading volume of 298,936 shares, compared to its average volume of 192,027. The stock has a market cap of $29.42 billion, a PE ratio of 8.71, a price-to-earnings-growth ratio of 0.52 and a beta of 0.98. KB Financial Group Inc. has a 1 year low of $46.38 and a 1 year high of $76.93. The company has a debt-to-equity ratio of 2.29, a current ratio of 1.66 and a quick ratio of 1.66. The company has a fifty day moving average price of $60.67 and a 200 day moving average price of $60.17.

KB Financial Group (NYSE:KB - Get Free Report) last posted its quarterly earnings results on Thursday, April 24th. The bank reported $3.02 earnings per share for the quarter, missing the consensus estimate of $3.04 by ($0.02). The business had revenue of $3.27 billion during 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%. On average, research analysts expect that KB Financial Group Inc. will post 8.87 earnings per share for the current year.

Analyst Upgrades and Downgrades

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

KB Financial Group Profile

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.