Farmer Steven Patrick Invests $236,000 in KB Financial Group Inc. (NYSE:KB)

Farmer Steven Patrick bought a new position in KB Financial Group Inc. (NYSE:KBGet Rating) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 6,337 shares of the bank’s stock, valued at approximately $236,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of KB. JFS Wealth Advisors LLC lifted its position in shares of KB Financial Group by 316.9% during the first quarter. JFS Wealth Advisors LLC now owns 592 shares of the bank’s stock worth $29,000 after purchasing an additional 450 shares in the last quarter. BNP Paribas Arbitrage SA increased its stake in shares of KB Financial Group by 156.1% in the first quarter. BNP Paribas Arbitrage SA now owns 625 shares of the bank’s stock worth $31,000 after buying an additional 381 shares during the last quarter. Glassman Wealth Services increased its stake in shares of KB Financial Group by 80.3% in the fourth quarter. Glassman Wealth Services now owns 696 shares of the bank’s stock worth $32,000 after buying an additional 310 shares during the last quarter. EverSource Wealth Advisors LLC bought a new stake in KB Financial Group during the fourth quarter valued at $39,000. Finally, Gitterman Wealth Management LLC bought a new position in shares of KB Financial Group during the first quarter worth about $204,000. 5.54% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered shares of KB Financial Group from a “strong-buy” rating to a “buy” rating in a research report on Monday, May 23rd.

KB Financial Group Stock Performance

KB stock opened at $36.21 on Friday. The company has a market capitalization of $14.81 billion, a P/E ratio of 3.76, a PEG ratio of 0.41 and a beta of 0.82. The company has a 50-day simple moving average of $36.74 and a 200 day simple moving average of $42.25. KB Financial Group Inc. has a fifty-two week low of $33.15 and a fifty-two week high of $55.31. The company has a quick ratio of 1.72, a current ratio of 1.72 and a debt-to-equity ratio of 2.83.

KB Financial Group Profile

(Get Rating)

KB Financial Group Inc provides a range of banking and related financial services to consumers and corporations in South Korea and internationally. The company operates through Corporate Banking, Retail Banking, Other Banking Services, Securities Business, Non-life Insurance Business, Credit Card Business, and Life Insurance Business segments.

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Institutional Ownership by Quarter for KB Financial Group (NYSE:KB)

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