KB Financial Group (NYSE:KB) Share Price Passes Above 200 Day Moving Average - Time to Sell?

Key Points

• Technical breakout: KB's share price crossed above its 200‑day moving average ($95.29) and was last trading around $108.90 (50‑day MA $105.32), reaching as high as $109.95.
• Analyst view mixed: The stock has one Buy and one Hold rating with an average of "Moderate Buy," and recent analyst activity includes both upgrades and downgrades (Weiss reaffirmed Buy; Zacks moved to Hold; Wall Street Zen downgraded).
• Fundamentals and valuation: KB reported quarterly EPS of $3.40 with a net margin of 17.36% and ROE of 10%, trades at a P/E of 9.78 with a $40.6B market cap, and analysts forecast about 11.93 EPS for the fiscal year.

KB Financial Group Inc (NYSE:KB - Get Free Report)'s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $95.29 and traded as high as $109.95. KB Financial Group shares last traded at $108.90, with a volume of 158,824 shares traded.

Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. Weiss Ratings restated a "buy (b)" rating on shares of KB Financial Group in a research report on Friday, March 27th. Zacks Research upgraded shares of KB Financial Group from a "strong sell" rating to a "hold" rating in a research report on Monday, February 2nd. Finally, Wall Street Zen downgraded shares of KB Financial Group from a "buy" rating to a "hold" rating in a research report on Saturday, April 4th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy".

KB Financial Group Price Performance

The company's 50-day simple moving average is $105.32 and its 200-day simple moving average is $95.29. The company has a debt-to-equity ratio of 2.48, a current ratio of 1.64 and a quick ratio of 1.64. The stock has a market capitalization of $40.60 billion, a price-to-earnings ratio of 9.78, a P/E/G ratio of 0.65 and a beta of 1.06.

KB Financial Group (NYSE:KB - Get Free Report) last issued its quarterly earnings data on Tuesday, March 31st. The bank reported $3.40 earnings per share (EPS) for the quarter. KB Financial Group had a net margin of 17.36% and a return on equity of 10.00%. The firm had revenue of $3.28 billion during the quarter. Research analysts forecast that KB Financial Group Inc will post 11.93 earnings per share for the current fiscal year.

Institutional Investors Weigh In On KB Financial Group

A number of hedge funds and other institutional investors have recently made changes to their positions in KB. M&T Bank Corp acquired a new stake in shares of KB Financial Group in the fourth quarter valued at approximately $36,964,000. Invesco Ltd. raised its position in shares of KB Financial Group by 508.9% in the second quarter. Invesco Ltd. now owns 152,939 shares of the bank's stock valued at $12,631,000 after buying an additional 127,823 shares in the last quarter. American Century Companies Inc. raised its position in shares of KB Financial Group by 11.4% in the third quarter. American Century Companies Inc. now owns 836,990 shares of the bank's stock valued at $69,395,000 after buying an additional 85,822 shares in the last quarter. Capital International Investors raised its position in shares of KB Financial Group by 12.7% in the third quarter. Capital International Investors now owns 757,168 shares of the bank's stock valued at $62,735,000 after buying an additional 85,231 shares in the last quarter. Finally, Laird Norton Wetherby Trust Company LLC acquired a new stake in shares of KB Financial Group in the fourth quarter valued at approximately $6,640,000. 11.52% of the stock is currently owned by institutional investors and hedge funds.

About KB Financial Group

KB Financial Group Inc is a South Korea-based financial holding company that offers a broad range of banking and financial services. Headquartered in Seoul and listed on the New York Stock Exchange under the ticker KB, the group operates through a set of specialized subsidiaries to provide integrated financial solutions for retail, corporate and institutional clients.

The company's principal businesses include retail and corporate banking, securities and investment banking, insurance (life and non-life), asset management, credit card and consumer finance, and leasing.

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