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Rhumbline Advisers Sells 12,973 Shares of Woori Bank (NYSE:WF)

Woori Bank logo with Finance background

Rhumbline Advisers decreased its stake in shares of Woori Bank (NYSE:WF - Free Report) by 33.2% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 26,087 shares of the bank's stock after selling 12,973 shares during the period. Rhumbline Advisers' holdings in Woori Bank were worth $871,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Connor Clark & Lunn Investment Management Ltd. raised its holdings in shares of Woori Bank by 6.5% in the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 572,589 shares of the bank's stock valued at $17,893,000 after acquiring an additional 35,187 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its holdings in shares of Woori Bank by 39.8% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 287,852 shares of the bank's stock valued at $8,995,000 after acquiring an additional 81,973 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of Woori Bank by 19.6% in the 4th quarter. Bank of America Corp DE now owns 140,654 shares of the bank's stock valued at $4,395,000 after acquiring an additional 23,015 shares in the last quarter. Marshall Wace LLP raised its holdings in shares of Woori Bank by 4.5% in the 4th quarter. Marshall Wace LLP now owns 91,806 shares of the bank's stock valued at $2,869,000 after acquiring an additional 3,968 shares in the last quarter. Finally, GAMMA Investing LLC raised its holdings in shares of Woori Bank by 3,000.5% in the 1st quarter. GAMMA Investing LLC now owns 81,481 shares of the bank's stock valued at $2,720,000 after acquiring an additional 78,853 shares in the last quarter. Hedge funds and other institutional investors own 3.41% of the company's stock.

Woori Bank Price Performance

Shares of NYSE:WF traded up $0.77 on Friday, hitting $46.13. The company's stock had a trading volume of 64,728 shares, compared to its average volume of 64,988. The company has a 50-day simple moving average of $39.70 and a 200 day simple moving average of $35.35. Woori Bank has a 1 year low of $29.44 and a 1 year high of $46.53. The company has a market capitalization of $11.42 billion, a PE ratio of 5.88, a PEG ratio of 0.85 and a beta of 1.00. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.08 and a quick ratio of 1.08.

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.

Further Reading

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

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