Jane Street Group LLC Decreases Stock Holdings in KB Financial Group Inc. (NYSE:KB)

Jane Street Group LLC decreased its holdings in shares of KB Financial Group Inc. (NYSE:KB - Free Report) by 83.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 15,911 shares of the bank's stock after selling 78,830 shares during the period. Jane Street Group LLC's holdings in KB Financial Group were worth $905,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in KB. SG Americas Securities LLC bought a new stake in shares of KB Financial Group during the 4th quarter worth $856,000. Blue Trust Inc. increased its holdings in KB Financial Group by 30.5% during the fourth quarter. Blue Trust Inc. now owns 36,868 shares of the bank's stock worth $2,277,000 after buying an additional 8,625 shares during the last quarter. Optas LLC bought a new stake in KB Financial Group in the fourth quarter worth about $261,000. Yousif Capital Management LLC boosted its stake in KB Financial Group by 576.3% in the fourth quarter. Yousif Capital Management LLC now owns 41,191 shares of the bank's stock valued at $2,344,000 after acquiring an additional 35,100 shares during the last quarter. Finally, Adero Partners LLC raised its holdings in shares of KB Financial Group by 8.7% in the 4th quarter. Adero Partners LLC now owns 5,539 shares of the bank's stock worth $315,000 after purchasing an additional 442 shares during the period. Institutional investors own 11.52% of the company's stock.

Wall Street Analyst Weigh In

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

KB Financial Group Price Performance

Shares of NYSE KB traded up $1.17 during midday trading on Thursday, hitting $74.17. 242,741 shares of the company's stock were exchanged, compared to its average volume of 191,599. The company has a current ratio of 1.66, a quick ratio of 1.66 and a debt-to-equity ratio of 2.29. KB Financial Group Inc. has a 12-month low of $46.38 and a 12-month high of $74.26. The company has a market cap of $29.19 billion, a price-to-earnings ratio of 8.64, a PEG ratio of 0.52 and a beta of 0.98. The business's fifty day moving average price is $60.67 and its two-hundred day moving average price is $60.17.

KB Financial Group (NYSE:KB - Get Free Report) last released its earnings results 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 for the quarter, compared to the consensus estimate of $4.45 billion. As a group, research analysts forecast that KB Financial Group Inc. will post 8.87 EPS for the current fiscal year.

KB Financial Group Company 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.