10,700 Shares in KB Financial Group Inc. (NYSE:KB) Purchased by Walleye Capital LLC

Walleye Capital LLC purchased a new position in shares of KB Financial Group Inc. (NYSE:KB - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 10,700 shares of the bank's stock, valued at approximately $609,000.

Several other large investors have also recently made changes to their positions in the business. Wilmington Savings Fund Society FSB purchased a new stake in shares of KB Financial Group during the third quarter worth about $35,000. Hudson Edge Investment Partners Inc. boosted its holdings in shares of KB Financial Group by 5.1% during the fourth quarter. Hudson Edge Investment Partners Inc. now owns 3,472 shares of the bank's stock worth $198,000 after purchasing an additional 168 shares during the period. Commonwealth Equity Services LLC purchased a new stake in shares of KB Financial Group during the fourth quarter worth about $222,000. Optas LLC purchased a new stake in shares of KB Financial Group during the fourth quarter worth about $261,000. Finally, Banque Pictet & Cie SA purchased a new stake in shares of KB Financial Group during the fourth quarter worth about $283,000. 11.52% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

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

KB Financial Group Trading Up 0.6 %

KB stock traded up $0.35 during trading on Monday, reaching $60.87. The company had a trading volume of 127,624 shares, compared to its average volume of 190,740. The business has a 50 day moving average of $54.87 and a 200 day moving average of $60.04. KB Financial Group Inc. has a 52 week low of $46.38 and a 52 week high of $72.89. The company has a market cap of $23.95 billion, a P/E ratio of 7.09, a PEG ratio of 0.52 and a beta of 0.92. The company has a debt-to-equity ratio of 2.29, a current ratio of 1.66 and a quick ratio of 1.66.

KB Financial Group (NYSE:KB - Get Free Report) last posted its quarterly earnings data 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). KB Financial Group had a net margin of 12.33% and a return on equity of 7.71%. The company had revenue of $3.27 billion for the quarter, compared to the consensus estimate of $4.45 billion. As a group, sell-side analysts forecast that KB Financial Group Inc. will post 8.87 earnings per share for the current fiscal year.

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.