XTX Topco Ltd Purchases Shares of 8,927 Woori Bank (NYSE:WF)

Key Points

• XTX Topco Ltd acquired a new stake in Woori Bank by purchasing 8,927 shares valued at approximately $298,000 during the first quarter.
• Other hedge funds have significantly increased their holdings in Woori Bank, with GAMMA Investing LLC boosting its position by 3,000.5% to own 81,481 shares, valued at $2.72 million.
• Woori Bank's latest earnings report showed an EPS of $2.63, which fell short of the consensus estimate, resulting in a revenue of $2 billion compared to analyst expectations.

XTX Topco Ltd purchased a new stake in shares of Woori Bank (NYSE:WF - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 8,927 shares of the bank's stock, valued at approximately $298,000.

Several other hedge funds have also modified their holdings of WF. GAMMA Investing LLC lifted its position in shares of Woori Bank by 3,000.5% during the first quarter. GAMMA Investing LLC now owns 81,481 shares of the bank's stock valued at $2,720,000 after buying an additional 78,853 shares during the last quarter. JPMorgan Chase & Co. lifted its position in shares of Woori Bank by 1,830.4% during the fourth quarter. JPMorgan Chase & Co. now owns 43,724 shares of the bank's stock valued at $1,366,000 after buying an additional 41,459 shares during the last quarter. Cerity Partners LLC lifted its position in shares of Woori Bank by 68.0% during the first quarter. Cerity Partners LLC now owns 68,203 shares of the bank's stock valued at $2,277,000 after buying an additional 27,616 shares during the last quarter. First Trust Advisors LP acquired a new position in shares of Woori Bank during the fourth quarter valued at about $779,000. Finally, Bank of America Corp DE increased its holdings in shares of Woori Bank by 19.6% during the fourth 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. 3.41% of the stock is owned by hedge funds and other institutional investors.

Woori Bank Stock Performance

WF opened at $54.59 on Monday. Woori Bank has a 52-week low of $29.44 and a 52-week high of $57.97. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 0.86. The company has a market cap of $13.51 billion, a P/E ratio of 6.87, a price-to-earnings-growth ratio of 0.98 and a beta of 1.08. The firm's 50-day moving average price is $50.27 and its 200-day moving average price is $40.41.

Woori Bank (NYSE:WF - Get Free Report) last posted 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). Woori Bank had a net margin of 11.84% and a return on equity of 8.31%. The company had revenue of $2 billion for the quarter, compared to analyst estimates of $2,790.97 billion. As a group, equities analysts anticipate that Woori Bank will post 8.24 EPS for the current fiscal year.

Woori Bank Company Profile

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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