Shinhan Financial Group Co., Ltd. (NYSE:SHG) Shares Sold by EverSource Wealth Advisors LLC

EverSource Wealth Advisors LLC trimmed its holdings in Shinhan Financial Group Co., Ltd. (NYSE:SHGGet Rating) by 35.3% in the first quarter, Holdings Channel.com reports. The fund owned 855 shares of the bank’s stock after selling 467 shares during the period. EverSource Wealth Advisors LLC’s holdings in Shinhan Financial Group were worth $28,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Allianz Asset Management GmbH lifted its stake in Shinhan Financial Group by 25.3% during the fourth quarter. Allianz Asset Management GmbH now owns 20,587 shares of the bank’s stock valued at $637,000 after buying an additional 4,153 shares in the last quarter. Glassman Wealth Services lifted its stake in Shinhan Financial Group by 103.8% during the fourth quarter. Glassman Wealth Services now owns 1,017 shares of the bank’s stock valued at $31,000 after buying an additional 518 shares in the last quarter. Summit Global Investments lifted its stake in Shinhan Financial Group by 5.8% during the fourth quarter. Summit Global Investments now owns 32,917 shares of the bank’s stock valued at $1,017,000 after buying an additional 1,811 shares in the last quarter. Wetherby Asset Management Inc. lifted its stake in Shinhan Financial Group by 8.0% during the fourth quarter. Wetherby Asset Management Inc. now owns 53,084 shares of the bank’s stock valued at $1,641,000 after buying an additional 3,936 shares in the last quarter. Finally, Sanders Capital LLC lifted its stake in Shinhan Financial Group by 20.5% during the fourth quarter. Sanders Capital LLC now owns 121,094 shares of the bank’s stock valued at $3,743,000 after buying an additional 20,600 shares in the last quarter. Institutional investors and hedge funds own 2.80% of the company’s stock.

Shinhan Financial Group Price Performance

SHG stock opened at $25.87 on Monday. The firm has a 50-day moving average of $26.66 and a two-hundred day moving average of $30.12. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 1.63. The firm has a market capitalization of $13.27 billion, a PE ratio of 4.07, a P/E/G ratio of 0.26 and a beta of 0.73. Shinhan Financial Group Co., Ltd. has a one year low of $24.82 and a one year high of $34.92.

Shinhan Financial Group Company Profile

(Get Rating)

Shinhan Financial Group Co, Ltd. provides financial products and services in South Korea and internationally. The company operates through six segments: Banking, Credit Card, Securities, Life Insurance, Credit, and Others. It offers retail banking services, including demand, savings, and fixed deposit-taking; checking accounts; mortgage and home equity, and retail lending; electronic banking and automatic teller machines (ATM); and bill paying, payroll and check-cashing, currency exchange, and wire fund transfer services.

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Institutional Ownership by Quarter for Shinhan Financial Group (NYSE:SHG)

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