KB Financial Group Inc. (NYSE:KB - Get Free Report) hit a new 52-week high on Thursday . The stock traded as high as $80.33 and last traded at $80.11, with a volume of 389732 shares. The stock had previously closed at $73.33.
Wall Street Analyst Weigh In
Separately, Wall Street Zen upgraded KB Financial Group from a "hold" rating to a "buy" rating in a report on Wednesday, May 21st.
View Our Latest Research Report on KB
KB Financial Group Stock Performance
The company has a debt-to-equity ratio of 2.29, a current ratio of 1.66 and a quick ratio of 1.66. The firm has a fifty day moving average price of $63.23 and a two-hundred day moving average price of $60.53. The stock has a market capitalization of $30.69 billion, a PE ratio of 9.09, a P/E/G ratio of 0.52 and a beta of 1.05.
KB Financial Group (NYSE:KB - Get Free Report) last issued its quarterly earnings results on Thursday, April 24th. The bank reported $3.02 earnings per share 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 business had revenue of $3.27 billion during the quarter, compared to analysts' expectations of $4.45 billion. Research analysts expect that KB Financial Group Inc. will post 8.87 EPS for the current year.
Institutional Inflows and Outflows
Several institutional investors have recently bought and sold shares of the company. Jane Street Group LLC increased its holdings in KB Financial Group by 64.3% during the 1st quarter. Jane Street Group LLC now owns 26,136 shares of the bank's stock worth $1,414,000 after purchasing an additional 10,225 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in KB Financial Group by 53.4% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 96,650 shares of the bank's stock worth $5,230,000 after purchasing an additional 33,650 shares during the period. Dynamic Technology Lab Private Ltd purchased a new position in KB Financial Group during the 1st quarter worth $259,000. AQR Capital Management LLC purchased a new position in KB Financial Group during the 1st quarter worth $300,000. Finally, Amundi increased its holdings in KB Financial Group by 72.3% during the 1st quarter. Amundi now owns 76,861 shares of the bank's stock worth $4,021,000 after purchasing an additional 32,250 shares during the period. 11.52% of the stock is currently owned by hedge funds and other institutional investors.
KB Financial Group Company Profile
(
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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.
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