KB Financial Group Inc. (NYSE:KB) Shares Sold by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP trimmed its holdings in shares of KB Financial Group Inc. (NYSE:KBGet Rating) by 2.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,001,687 shares of the bank’s stock after selling 71,077 shares during the period. Dimensional Fund Advisors LP’s holdings in KB Financial Group were worth $116,052,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. 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. Ronald Blue Trust Inc. boosted its holdings in shares of KB Financial Group by 37.7% during the fourth quarter. Ronald Blue Trust Inc. now owns 2,391 shares of the bank’s stock valued at $72,000 after acquiring an additional 654 shares during the period. Allspring Global Investments Holdings LLC acquired a new position in shares of KB Financial Group during the fourth quarter valued at $73,000. Captrust Financial Advisors lifted its holdings in KB Financial Group by 38.4% in the second quarter. Captrust Financial Advisors now owns 2,698 shares of the bank’s stock worth $100,000 after purchasing an additional 748 shares during the period. Finally, Pacer Advisors Inc. bought a new stake in KB Financial Group in the fourth quarter worth about $113,000. 5.80% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

KB has been the topic of several recent analyst reports. Bank of America cut their price objective on KB Financial Group from $55.38 to $46.15 in a report on Wednesday, March 1st. StockNews.com initiated coverage on KB Financial Group in a report on Thursday. They issued a “buy” rating on the stock.

KB Financial Group Trading Up 0.4 %

Shares of KB Financial Group stock opened at $37.29 on Friday. The company’s fifty day simple moving average is $36.71 and its 200-day simple moving average is $39.18. The company has a market cap of $15.05 billion, a price-to-earnings ratio of 4.47, a PEG ratio of 0.43 and a beta of 0.94. The company has a current ratio of 1.69, a quick ratio of 1.69 and a debt-to-equity ratio of 2.43. KB Financial Group Inc. has a 1 year low of $30.14 and a 1 year high of $49.17.

KB Financial Group (NYSE:KBGet Rating) last announced its quarterly earnings data on Thursday, March 2nd. The bank reported $0.60 earnings per share (EPS) for the quarter. The business had revenue of $3.43 billion for the quarter. KB Financial Group had a net margin of 15.59% and a return on equity of 11.56%. As a group, sell-side analysts expect that KB Financial Group Inc. will post 9.23 EPS for the current year.

KB Financial Group Company Profile

(Get Rating)

KB Financial Group, Inc engages in providing financial services through its subsidiaries. It operates through the following segments: Corporate Banking, Retail Banking, Other Banking Services, Credit Card, Life Insurance, Investment and Securities business. The Corporate Banking business segment provides services such as loans, overdrafts, deposits, credit facilities and other foreign currency activities.

Further Reading

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

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