KB Financial Group Inc (NYSE:KB) Shares Bought by SG Americas Securities LLC

SG Americas Securities LLC increased its stake in shares of KB Financial Group Inc (NYSE:KB - Free Report) by 152.1% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 37,913 shares of the bank's stock after purchasing an additional 22,876 shares during the quarter. SG Americas Securities LLC's holdings in KB Financial Group were worth $2,051,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in KB. Banque Pictet & Cie SA acquired a new stake in KB Financial Group in the fourth quarter valued at approximately $283,000. Sanctuary Advisors LLC increased its position in shares of KB Financial Group by 3.5% during the fourth quarter. Sanctuary Advisors LLC now owns 10,605 shares of the bank's stock worth $661,000 after purchasing an additional 362 shares in the last quarter. Hudson Edge Investment Partners Inc. lifted its holdings in shares of KB Financial Group by 5.1% during 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. Bank of New York Mellon Corp boosted its position in shares of KB Financial Group by 5.6% in the 4th quarter. Bank of New York Mellon Corp now owns 13,106 shares of the bank's stock worth $746,000 after purchasing an additional 694 shares in the last quarter. Finally, NewEdge Wealth LLC boosted its position in shares of KB Financial Group by 3.2% in the 4th quarter. NewEdge Wealth LLC now owns 58,351 shares of the bank's stock worth $3,320,000 after purchasing an additional 1,806 shares in the last quarter. Institutional investors own 11.52% of the company's stock.

KB Financial Group Stock Up 0.9%

Shares of KB traded up $0.69 during mid-day trading on Thursday, hitting $78.82. 231,708 shares of the company traded hands, compared to its average volume of 196,660. The company has a market capitalization of $30.07 billion, a PE ratio of 7.65, a price-to-earnings-growth ratio of 0.59 and a beta of 1.05. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 2.40. The business has a 50 day moving average of $67.82 and a 200 day moving average of $61.19. KB Financial Group Inc has a 1-year low of $46.38 and a 1-year high of $81.63.

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 analysts' consensus estimates of $3.04 by ($0.02). KB Financial Group had a return on equity of 9.76% and a net margin of 16.03%. The company had revenue of $3.27 billion during the quarter, compared to analyst estimates of $4.45 billion. Equities research analysts anticipate that KB Financial Group Inc will post 8.87 EPS for the current year.

Analyst Upgrades and Downgrades

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

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.