Vise Technologies Inc. Has $626,000 Stock Holdings in Shinhan Financial Group Co., Ltd. (NYSE:SHG)

Vise Technologies Inc. boosted its stake in Shinhan Financial Group Co., Ltd. (NYSE:SHG - Free Report) by 132.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 19,046 shares of the bank's stock after purchasing an additional 10,861 shares during the period. Vise Technologies Inc.'s holdings in Shinhan Financial Group were worth $626,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Northern Trust Corp lifted its stake in shares of Shinhan Financial Group by 249.2% in the fourth quarter. Northern Trust Corp now owns 1,445,120 shares of the bank's stock worth $47,516,000 after acquiring an additional 1,031,257 shares during the period. Lazard Asset Management LLC lifted its stake in shares of Shinhan Financial Group by 4.4% in the fourth quarter. Lazard Asset Management LLC now owns 1,353,820 shares of the bank's stock worth $44,513,000 after acquiring an additional 57,640 shares during the period. American Century Companies Inc. lifted its stake in shares of Shinhan Financial Group by 5.7% in the fourth quarter. American Century Companies Inc. now owns 786,028 shares of the bank's stock worth $25,845,000 after acquiring an additional 42,575 shares during the period. Connor Clark & Lunn Investment Management Ltd. lifted its stake in shares of Shinhan Financial Group by 14.7% in the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 558,550 shares of the bank's stock worth $18,365,000 after acquiring an additional 71,574 shares during the period. Finally, Causeway Capital Management LLC lifted its stake in shares of Shinhan Financial Group by 6.8% in the fourth quarter. Causeway Capital Management LLC now owns 325,639 shares of the bank's stock worth $10,707,000 after acquiring an additional 20,766 shares during the period. Institutional investors own 7.76% of the company's stock.

Shinhan Financial Group Stock Down 0.8%

Shares of Shinhan Financial Group stock traded down $0.33 during trading on Friday, reaching $41.21. 65,897 shares of the company traded hands, compared to its average volume of 180,029. The company has a debt-to-equity ratio of 1.53, a current ratio of 1.04 and a quick ratio of 1.04. Shinhan Financial Group Co., Ltd. has a 1-year low of $28.76 and a 1-year high of $46.05. The company has a 50 day moving average price of $34.95 and a 200-day moving average price of $34.84. The firm has a market capitalization of $20.75 billion, a PE ratio of 6.49, a P/E/G ratio of 0.44 and a beta of 0.84.

Shinhan Financial Group (NYSE:SHG - Get Free Report) last released its earnings results on Tuesday, March 4th. The bank reported $1.94 earnings per share (EPS) for the quarter. Shinhan Financial Group had a net margin of 12.21% and a return on equity of 7.34%. The company had revenue of $2.82 billion for the quarter. As a group, equities research analysts expect that Shinhan Financial Group Co., Ltd. will post 5.97 earnings per share for the current fiscal year.

Analyst Ratings Changes

Separately, Wall Street Zen upgraded shares of Shinhan Financial Group from a "hold" rating to a "buy" rating in a research note on Monday, May 19th.

Shinhan Financial Group Company Profile

Shinhan Financial Group Co, Ltd. provides financial products and services in South Korea and internationally. The company operates through six segments: Banking, Credit Card, Securities, Insurance, Credit, and Others. It offers retail banking services, including demand, savings, and fixed deposit-taking; checking accounts; mortgage and home equity, and retail lending; electronic banking and automatic teller machines (ATM); and bill paying, payroll and check-cashing, currency exchange, and wire fund transfer services.