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Rhumbline Advisers Lowers Holdings in Woori Bank (NYSE:WF)

Woori Bank logo with Finance background

Rhumbline Advisers lessened its position in shares of Woori Bank (NYSE:WF - Free Report) by 33.2% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 26,087 shares of the bank's stock after selling 12,973 shares during the quarter. Rhumbline Advisers' holdings in Woori Bank were worth $871,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. SBI Securities Co. Ltd. acquired a new stake in shares of Woori Bank during the fourth quarter valued at about $25,000. Cubist Systematic Strategies LLC increased its holdings in Woori Bank by 20.0% in the 4th quarter. Cubist Systematic Strategies LLC now owns 9,944 shares of the bank's stock valued at $311,000 after purchasing an additional 1,659 shares during the last quarter. LPL Financial LLC increased its holdings in Woori Bank by 8.6% in the 4th quarter. LPL Financial LLC now owns 13,346 shares of the bank's stock valued at $417,000 after purchasing an additional 1,055 shares during the last quarter. Point72 Asset Management L.P. raised its position in Woori Bank by 148.1% in the fourth quarter. Point72 Asset Management L.P. now owns 13,400 shares of the bank's stock valued at $419,000 after purchasing an additional 8,000 shares during the period. Finally, Parallel Advisors LLC lifted its stake in Woori Bank by 9.1% during the fourth quarter. Parallel Advisors LLC now owns 14,984 shares of the bank's stock worth $468,000 after purchasing an additional 1,245 shares in the last quarter. 3.41% of the stock is currently owned by institutional investors and hedge funds.

Woori Bank Trading Up 5.5%

Shares of NYSE WF traded up $2.53 during trading on Tuesday, reaching $48.64. The stock had a trading volume of 109,767 shares, compared to its average volume of 65,234. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.08 and a current ratio of 1.08. The company has a market cap of $12.04 billion, a P/E ratio of 6.20, a PEG ratio of 0.86 and a beta of 1.00. Woori Bank has a fifty-two week low of $29.44 and a fifty-two week high of $48.82. The business's 50-day moving average price is $39.95 and its 200-day moving average price is $35.45.

Woori Bank Profile

(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.

See Also

Institutional Ownership by Quarter for Woori Bank (NYSE:WF)

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