Public Employees Retirement System of Ohio Has $6.92 Million Stake in KB Financial Group Inc. (NYSE:KB)

Public Employees Retirement System of Ohio grew its stake in KB Financial Group Inc. (NYSE:KB - Free Report) by 2.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 121,523 shares of the bank's stock after acquiring an additional 3,452 shares during the period. Public Employees Retirement System of Ohio's holdings in KB Financial Group were worth $6,915,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of KB. Tower Research Capital LLC TRC grew its holdings in shares of KB Financial Group by 659.4% in the 4th quarter. Tower Research Capital LLC TRC now owns 2,415 shares of the bank's stock valued at $137,000 after acquiring an additional 2,097 shares in the last quarter. Hudson Edge Investment Partners Inc. lifted its stake in KB Financial Group by 5.1% in the 4th quarter. Hudson Edge Investment Partners Inc. now owns 3,472 shares of the bank's stock valued at $198,000 after purchasing an additional 168 shares during the last quarter. Cetera Investment Advisers lifted its stake in KB Financial Group by 7.4% in the 4th quarter. Cetera Investment Advisers now owns 3,759 shares of the bank's stock valued at $214,000 after purchasing an additional 258 shares during the last quarter. Commonwealth Equity Services LLC acquired a new stake in KB Financial Group in the 4th quarter valued at about $222,000. Finally, Triumph Capital Management acquired a new stake in KB Financial Group in the 4th quarter valued at about $228,000. Institutional investors own 11.52% of the company's stock.

KB Financial Group Stock Performance

KB stock traded up $0.67 during mid-day trading on Friday, hitting $74.75. 298,936 shares of the company were exchanged, compared to its average volume of 192,846. The business has a 50 day simple moving average of $61.04 and a 200-day simple moving average of $60.21. The company has a current ratio of 1.66, a quick ratio of 1.66 and a debt-to-equity ratio of 2.29. The stock has a market capitalization 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 $75.14.

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

Analysts Set New Price Targets

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.

About KB Financial Group

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.