Wealthstream Advisors Inc. Acquires Shares of 5,224 Woori Bank $WF

Key Points

• Wealthstream Advisors Inc. has acquired 5,224 shares of Woori Bank, valued at approximately $260,000, as reported in its recent SEC filing.
• Woori Bank reported earnings per share (EPS) of $2.63 for the last quarter, missing consensus estimates significantly.
• The stock currently has a consensus rating of "Buy" according to analysts, with one research firm reaffirming this rating recently.

Wealthstream Advisors Inc. acquired a new stake in shares of Woori Bank (NYSE:WF - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 5,224 shares of the bank's stock, valued at approximately $260,000.

Several other hedge funds and other institutional investors have also made changes to their positions in WF. Sequoia Financial Advisors LLC boosted its holdings in shares of Woori Bank by 1.4% during the 1st quarter. Sequoia Financial Advisors LLC now owns 25,030 shares of the bank's stock valued at $836,000 after purchasing an additional 342 shares during the last quarter. PDS Planning Inc lifted its holdings in shares of Woori Bank by 11.8% in the 1st quarter. PDS Planning Inc now owns 13,260 shares of the bank's stock valued at $443,000 after acquiring an additional 1,403 shares during the last quarter. Cerity Partners LLC lifted its holdings in shares of Woori Bank by 68.0% in the 1st quarter. Cerity Partners LLC now owns 68,203 shares of the bank's stock valued at $2,277,000 after acquiring an additional 27,616 shares during the last quarter. Ballentine Partners LLC lifted its holdings in shares of Woori Bank by 14.1% in the 1st quarter. Ballentine Partners LLC now owns 33,199 shares of the bank's stock valued at $1,108,000 after acquiring an additional 4,091 shares during the last quarter. Finally, Advisors Preferred LLC lifted its holdings in shares of Woori Bank by 1,425.0% in the 1st quarter. Advisors Preferred LLC now owns 15,723 shares of the bank's stock valued at $533,000 after acquiring an additional 14,692 shares during the last quarter. Institutional investors own 3.41% of the company's stock.

Woori Bank Stock Down 0.1%

Shares of NYSE WF opened at $54.22 on Friday. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.09 and a quick ratio of 1.09. The company has a market cap of $13.42 billion, a P/E ratio of 6.83, a PEG ratio of 0.97 and a beta of 1.14. Woori Bank has a 1 year low of $29.44 and a 1 year high of $57.97. The firm has a 50-day simple moving average of $55.04 and a two-hundred day simple moving average of $47.73.

Woori Bank (NYSE:WF - Get Free Report) last announced its quarterly earnings data on Friday, July 25th. The bank reported $2.63 earnings per share (EPS) for the quarter, missing the consensus estimate of $3,574.37 by ($3,571.74). The firm had revenue of $2 billion during the quarter, compared to the consensus estimate of $2,790.97 billion. Woori Bank had a return on equity of 8.30% and a net margin of 11.84%. Research analysts anticipate that Woori Bank will post 8.24 earnings per share for the current year.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a "buy (b)" rating on shares of Woori Bank in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Woori Bank has a consensus rating of "Buy".

About Woori Bank

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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