KB Financial Group Inc. (NYSE:KB) Shares Sold by Vanguard Personalized Indexing Management LLC

Vanguard Personalized Indexing Management LLC lowered its holdings in KB Financial Group Inc. (NYSE:KB - Free Report) by 38.6% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 40,066 shares of the bank's stock after selling 25,169 shares during the quarter. Vanguard Personalized Indexing Management LLC's holdings in KB Financial Group were worth $1,658,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Raymond James Financial Services Advisors Inc. bought a new stake in shares of KB Financial Group in the 3rd quarter worth approximately $234,000. Fifth Third Bancorp lifted its position in KB Financial Group by 26.7% during the third quarter. Fifth Third Bancorp now owns 15,195 shares of the bank's stock valued at $625,000 after purchasing an additional 3,203 shares in the last quarter. Allworth Financial LP lifted its holdings in KB Financial Group by 125.1% during the third quarter. Allworth Financial LP now owns 1,166 shares of the bank's stock valued at $48,000 after purchasing an additional 648 shares in the last quarter. Knights of Columbus Asset Advisors LLC grew its holdings in KB Financial Group by 12.1% during the 3rd quarter. Knights of Columbus Asset Advisors LLC now owns 10,667 shares of the bank's stock valued at $439,000 after buying an additional 1,155 shares in the last quarter. Finally, M&T Bank Corp purchased a new position in shares of KB Financial Group in the third quarter worth $216,000. 11.52% of the stock is currently owned by institutional investors.

KB Financial Group Trading Down 0.9 %

Shares of KB traded down $0.51 during midday trading on Friday, hitting $58.81. The stock had a trading volume of 70,575 shares, compared to its average volume of 191,643. The firm has a market cap of $23.73 billion, a PE ratio of 6.67, a price-to-earnings-growth ratio of 0.44 and a beta of 1.01. The stock's 50 day moving average is $53.04 and its 200 day moving average is $46.27. KB Financial Group Inc. has a 1 year low of $35.20 and a 1 year high of $60.14. The company has a debt-to-equity ratio of 2.36, a current ratio of 1.67 and a quick ratio of 1.67.

KB Financial Group (NYSE:KB - Get Free Report) last issued its earnings results on Wednesday, March 6th. The bank reported $0.43 EPS for the quarter, missing analysts' consensus estimates of $0.64 by ($0.21). The company had revenue of $3.54 billion for the quarter. KB Financial Group had a return on equity of 7.78% and a net margin of 12.94%. As a group, analysts forecast that KB Financial Group Inc. will post 9.32 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

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