Trexquant Investment LP acquired a new position in shares of Woori Bank (NYSE:WF - Free Report) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 12,210 shares of the bank's stock, valued at approximately $408,000.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. B. Metzler seel. Sohn & Co. AG grew its position in Woori Bank by 14.2% during the 1st quarter. B. Metzler seel. Sohn & Co. AG now owns 38,657 shares of the bank's stock worth $1,290,000 after purchasing an additional 4,807 shares in the last quarter. Compound Planning Inc. acquired a new stake in shares of Woori Bank during the 1st quarter valued at $215,000. HighTower Advisors LLC acquired a new stake in shares of Woori Bank during the 1st quarter valued at $207,000. US Bancorp DE boosted its stake in shares of Woori Bank by 32.1% during the 1st quarter. US Bancorp DE now owns 37,864 shares of the bank's stock valued at $1,264,000 after buying an additional 9,207 shares during the period. Finally, Abacus Wealth Partners LLC acquired a new stake in shares of Woori Bank during the 1st quarter valued at $249,000. 3.41% of the stock is currently owned by hedge funds and other institutional investors.
Woori Bank Stock Up 0.7%
Shares of NYSE:WF traded up $0.38 during trading on Friday, reaching $55.68. 37,676 shares of the company traded hands, compared to its average volume of 45,244. The firm has a fifty day simple moving average of $54.13 and a 200 day simple moving average of $43.87. The firm has a market cap of $13.78 billion, a P/E ratio of 7.01, a price-to-earnings-growth ratio of 0.99 and a beta of 1.11. Woori Bank has a 1-year low of $29.44 and a 1-year high of $57.97. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.88.
Woori Bank (NYSE:WF - Get Free Report) last issued its earnings results on Friday, July 25th. The bank reported $2.63 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $3,574.37 by ($3,571.74). Woori Bank had a net margin of 11.84% and a return on equity of 8.30%. The company had revenue of $2 billion for the quarter, compared to analyst estimates of $2,790.97 billion. Analysts anticipate that Woori Bank will post 8.24 earnings per share for the current fiscal year.
About Woori Bank
(
Free Report)
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.
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