KB Financial Group (NYSE:KB) Shares Gap Up - Should You Buy?

KB Financial Group Inc. (NYSE:KB - Get Free Report)'s share price gapped up before the market opened on Friday . The stock had previously closed at $61.50, but opened at $65.19. KB Financial Group shares last traded at $64.40, with a volume of 64,132 shares changing hands.

Analyst Ratings Changes

Separately, StockNews.com cut shares of KB Financial Group from a "buy" rating to a "hold" rating in a report on Monday, April 28th.

KB Financial Group Price Performance

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 stock has a market capitalization of $26.10 billion, a price-to-earnings ratio of 7.73, a PEG ratio of 0.52 and a beta of 0.92. The company has a 50 day moving average of $55.32 and a 200 day moving average of $59.87.

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

Hedge Funds Weigh In On KB Financial Group

Large investors have recently bought and sold shares of the business. Hudson Edge Investment Partners Inc. boosted its position in shares of KB Financial Group by 5.1% during 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. Seeds Investor LLC boosted its holdings in KB Financial Group by 2.9% in the fourth quarter. Seeds Investor LLC now owns 6,923 shares of the bank's stock valued at $394,000 after purchasing an additional 195 shares in the last quarter. Candriam S.C.A. increased its stake in KB Financial Group by 1.9% in the fourth quarter. Candriam S.C.A. now owns 10,679 shares of the bank's stock valued at $608,000 after purchasing an additional 200 shares during the last quarter. Cetera Investment Advisers raised its holdings in KB Financial Group by 7.4% during the fourth quarter. Cetera Investment Advisers now owns 3,759 shares of the bank's stock worth $214,000 after purchasing an additional 258 shares in the last quarter. Finally, PDS Planning Inc raised its holdings in KB Financial Group by 3.5% during the first quarter. PDS Planning Inc now owns 8,024 shares of the bank's stock worth $434,000 after purchasing an additional 271 shares in the last quarter. Hedge funds and other institutional investors own 11.52% of the company's stock.

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.