Groupama Asset Managment Increases Position in KB Financial Group Inc. (NYSE:KB)

Groupama Asset Managment increased its holdings in shares of KB Financial Group Inc. (NYSE:KB - Free Report) by 164.8% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 18,236 shares of the bank's stock after acquiring an additional 11,350 shares during the period. Groupama Asset Managment's holdings in KB Financial Group were worth $1,039,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Wilmington Savings Fund Society FSB purchased a new position in KB Financial Group during the third quarter worth approximately $35,000. Hudson Edge Investment Partners Inc. increased its holdings in KB Financial Group by 5.1% in the 4th quarter. Hudson Edge Investment Partners Inc. now owns 3,472 shares of the bank's stock worth $198,000 after acquiring an additional 168 shares in the last quarter. Glenmede Trust Co. NA acquired a new position in KB Financial Group during the third quarter worth $236,000. Commonwealth Equity Services LLC purchased a new position in shares of KB Financial Group in the fourth quarter valued at approximately $222,000. Finally, Optas LLC purchased a new stake in shares of KB Financial Group during the fourth quarter worth approximately $261,000. Hedge funds and other institutional investors own 11.52% of the company's stock.

KB Financial Group Trading Down 4.1 %

Shares of KB Financial Group stock traded down $2.11 on Monday, reaching $49.57. The company had a trading volume of 84,931 shares, compared to its average volume of 188,384. The company has a debt-to-equity ratio of 2.29, a quick ratio of 1.66 and a current ratio of 1.66. The firm has a market cap of $19.51 billion, a PE ratio of 5.78, a PEG ratio of 0.52 and a beta of 0.92. The firm's 50 day moving average price is $56.56 and its two-hundred day moving average price is $61.07. KB Financial Group Inc. has a 52-week low of $45.59 and a 52-week high of $72.89.

KB Financial Group (NYSE:KB - Get Free Report) last issued its earnings results on Wednesday, March 5th. The bank reported $1.21 EPS for the quarter. KB Financial Group had a net margin of 12.33% and a return on equity of 7.71%. The firm had revenue of $2.94 billion during the quarter. Sell-side analysts predict that KB Financial Group Inc. will post 8.87 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research firms have issued reports on KB. StockNews.com raised KB Financial Group from a "hold" rating to a "buy" rating in a research note on Wednesday, April 2nd. Morgan Stanley upgraded KB Financial Group from an "equal weight" rating to an "overweight" rating in a report on Thursday, December 12th.

KB Financial Group Company Profile

KB Financial Group Inc provides a range of banking and related financial services to consumers and corporations in South Korea, the United States, New Zealand, China, Cambodia, the United Kingdom, Indonesia, and internationally. The company operates through Retail Banking, Corporate Banking, Other Banking Services, Credit Card, Securities, Life Insurance, and Non-Life Insurance segments.