Dimensional Fund Advisors LP Has $141.53 Million Holdings in KB Financial Group Inc. (NYSE:KB)

Dimensional Fund Advisors LP trimmed its position in KB Financial Group Inc. (NYSE:KB - Free Report) by 0.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,487,149 shares of the bank's stock after selling 7,574 shares during the quarter. Dimensional Fund Advisors LP owned 0.63% of KB Financial Group worth $141,530,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB acquired a new position in KB Financial Group during the 3rd quarter worth approximately $35,000. Hudson Edge Investment Partners Inc. increased its holdings in shares of KB Financial Group by 5.1% during the fourth quarter. Hudson Edge Investment Partners Inc. now owns 3,472 shares of the bank's stock worth $198,000 after buying an additional 168 shares in the last quarter. Commonwealth Equity Services LLC bought a new position in shares of KB Financial Group in the 4th quarter valued at $222,000. Optas LLC acquired a new stake in shares of KB Financial Group during the 4th quarter valued at $261,000. Finally, Banque Pictet & Cie SA bought a new stake in KB Financial Group during the 4th quarter worth $283,000. 11.52% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered KB Financial Group from a "buy" rating to a "hold" rating in a research note on Monday.

KB Financial Group Trading Down 3.0 %

NYSE KB traded down $1.90 on Thursday, hitting $61.09. The company's stock had a trading volume of 69,943 shares, compared to its average volume of 189,927. The company's 50-day moving average is $55.06 and its 200 day moving average is $60.07. The firm has a market cap of $24.04 billion, a PE ratio of 7.15, a PEG ratio of 0.52 and a beta of 0.92. KB Financial Group Inc. has a 1-year low of $46.38 and a 1-year high of $72.89. The company has a quick ratio of 1.66, a current ratio of 1.66 and a debt-to-equity ratio of 2.29.

KB Financial Group (NYSE:KB - Get Free Report) last announced its earnings results on Thursday, April 24th. The bank reported $3.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.04 by ($0.02). KB Financial Group had a return on equity of 7.71% and a net margin of 12.33%. The company had revenue of $3.27 billion for the quarter, compared to the consensus estimate of $4.45 billion. As a group, analysts predict that KB Financial Group Inc. will post 8.87 earnings per share for the current fiscal year.

KB Financial Group 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.