Point72 Asset Management L.P. Boosts Stake in Woori Financial Group Inc. (NYSE:WF)

Point72 Asset Management L.P. raised its stake in shares of Woori Financial Group Inc. (NYSE:WF - Free Report) by 148.1% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 13,400 shares of the bank's stock after purchasing an additional 8,000 shares during the period. Point72 Asset Management L.P.'s holdings in Woori Financial Group were worth $419,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. SBI Securities Co. Ltd. bought a new stake in Woori Financial Group during the fourth quarter valued at about $25,000. Advisors Preferred LLC bought a new position in shares of Woori Financial Group in the fourth quarter worth about $32,000. Cubist Systematic Strategies LLC boosted its stake in shares of Woori Financial Group by 20.0% in the fourth quarter. Cubist Systematic Strategies LLC now owns 9,944 shares of the bank's stock worth $311,000 after acquiring an additional 1,659 shares during the period. LPL Financial LLC boosted its stake in shares of Woori Financial Group by 8.6% in the fourth quarter. LPL Financial LLC now owns 13,346 shares of the bank's stock worth $417,000 after acquiring an additional 1,055 shares during the period. Finally, Parallel Advisors LLC boosted its stake in shares of Woori Financial Group by 9.1% in the fourth quarter. Parallel Advisors LLC now owns 14,984 shares of the bank's stock worth $468,000 after acquiring an additional 1,245 shares during the period. Institutional investors own 3.41% of the company's stock.

Woori Financial Group Price Performance

Shares of NYSE WF traded up $1.41 during mid-day trading on Thursday, reaching $41.61. The company's stock had a trading volume of 12,805 shares, compared to its average volume of 64,831. The firm has a market capitalization of $10.30 billion, a PE ratio of 5.39, a P/E/G ratio of 0.77 and a beta of 0.98. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.09 and a quick ratio of 1.09. The stock has a fifty day moving average of $35.90 and a two-hundred day moving average of $34.30. Woori Financial Group Inc. has a 52 week low of $29.44 and a 52 week high of $42.67.

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.