KB Financial Group Inc. (NYSE:KB) Shares Sold by Two Sigma Investments LP

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

Several other hedge funds have also made changes to their positions in KB. Silvercrest Asset Management Group LLC acquired a new stake in shares of KB Financial Group during the 4th quarter worth about $5,489,000. Quantinno Capital Management LP boosted its stake in KB Financial Group by 12.9% during the fourth quarter. Quantinno Capital Management LP now owns 23,367 shares of the bank's stock worth $1,330,000 after buying an additional 2,670 shares during the period. Nomura Holdings Inc. acquired a new stake in shares of KB Financial Group during the fourth quarter valued at about $313,000. Ethic Inc. raised its stake in shares of KB Financial Group by 2.3% in the 4th quarter. Ethic Inc. now owns 61,645 shares of the bank's stock valued at $3,508,000 after acquiring an additional 1,390 shares during the period. Finally, D. E. Shaw & Co. Inc. raised its stake in shares of KB Financial Group by 40.1% in the 4th quarter. D. E. Shaw & Co. Inc. now owns 18,949 shares of the bank's stock valued at $1,078,000 after acquiring an additional 5,427 shares during the period. Hedge funds and other institutional investors own 11.52% of the company's stock.

KB Financial Group Trading Up 0.9%

Shares of KB stock traded up $0.67 on Friday, hitting $74.75. The stock had a trading volume of 298,936 shares, compared to its average volume of 192,846. The company's 50 day moving average price is $61.04 and its 200-day moving average price is $60.18. KB Financial Group Inc. has a 1 year low of $46.38 and a 1 year high of $75.14. 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 firm has a market capitalization of $29.42 billion, a P/E ratio of 8.71, a P/E/G ratio of 0.52 and a beta of 0.98.

KB Financial Group (NYSE:KB - Get Free Report) last posted its quarterly earnings data on Thursday, April 24th. The bank reported $3.02 EPS for the quarter, missing the consensus estimate of $3.04 by ($0.02). KB Financial Group had a net margin of 12.33% and a return on equity of 7.71%. The business had revenue of $3.27 billion during the quarter, compared to analysts' expectations of $4.45 billion. Analysts anticipate that KB Financial Group Inc. will post 8.87 earnings per share for the current year.

Analyst Ratings Changes

Separately, Wall Street Zen raised shares of KB Financial Group from a "hold" rating to a "buy" rating in a research report 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.