Trinity Street Asset Management LLP Has $88.99 Million Stock Holdings in KB Financial Group Inc. (NYSE:KB)

Trinity Street Asset Management LLP increased its position in shares of KB Financial Group Inc. (NYSE:KB - Free Report) by 3.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,151,024 shares of the bank's stock after purchasing an additional 65,402 shares during the period. KB Financial Group accounts for about 9.9% of Trinity Street Asset Management LLP's investment portfolio, making the stock its 4th largest holding. Trinity Street Asset Management LLP owned 0.53% of KB Financial Group worth $88,988,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Ballentine Partners LLC increased its holdings in shares of KB Financial Group by 9.8% in the fourth quarter. Ballentine Partners LLC now owns 16,389 shares of the bank's stock valued at $678,000 after buying an additional 1,464 shares in the last quarter. Deltec Asset Management LLC increased its holdings in shares of KB Financial Group by 194.5% in the fourth quarter. Deltec Asset Management LLC now owns 48,600 shares of the bank's stock valued at $2,011,000 after buying an additional 32,100 shares in the last quarter. Fifth Third Bancorp increased its holdings in shares of KB Financial Group by 14.8% in the fourth quarter. Fifth Third Bancorp now owns 17,439 shares of the bank's stock valued at $721,000 after buying an additional 2,244 shares in the last quarter. Caprock Group LLC increased its holdings in shares of KB Financial Group by 8.0% in the fourth quarter. Caprock Group LLC now owns 10,362 shares of the bank's stock valued at $429,000 after buying an additional 766 shares in the last quarter. Finally, Ritholtz Wealth Management increased its holdings in shares of KB Financial Group by 17.2% in the fourth quarter. Ritholtz Wealth Management now owns 45,046 shares of the bank's stock valued at $1,864,000 after buying an additional 6,598 shares in the last quarter. Institutional investors own 11.52% of the company's stock.

KB Financial Group Price Performance

Shares of NYSE KB traded up $0.21 during trading on Friday, hitting $51.16. The company had a trading volume of 139,478 shares, compared to its average volume of 197,829. The company has a market cap of $20.64 billion, a P/E ratio of 5.80, a PEG ratio of 0.37 and a beta of 1.04. KB Financial Group Inc. has a 52 week low of $35.20 and a 52 week high of $58.52. The business's 50-day moving average is $50.77 and its 200 day moving average is $43.92. The company has a debt-to-equity ratio of 2.36, a quick ratio of 1.69 and a current ratio of 1.67.

KB Financial Group (NYSE:KB - Get Free Report) last posted its quarterly earnings data on Wednesday, March 6th. The bank reported $0.43 earnings per share for the quarter, missing the consensus estimate of $0.64 by ($0.21). KB Financial Group had a return on equity of 7.72% and a net margin of 12.94%. The firm had revenue of $3.54 billion for the quarter. Equities research analysts predict that KB Financial Group Inc. will post 9.87 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Separately, StockNews.com raised KB Financial Group from a "hold" rating to a "buy" rating in a report on Wednesday, March 13th.

About KB Financial Group

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.