Woori Financial Group Inc. (NYSE:WF) Stake Increased by Signaturefd LLC

Signaturefd LLC increased its holdings in shares of Woori Financial Group Inc. (NYSE:WF) by 4.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 41,925 shares of the bank’s stock after buying an additional 1,700 shares during the quarter. Signaturefd LLC’s holdings in Woori Financial Group were worth $1,267,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of WF. Citigroup Inc. boosted its position in Woori Financial Group by 209.2% during the 3rd quarter. Citigroup Inc. now owns 971 shares of the bank’s stock worth $27,000 after acquiring an additional 657 shares during the period. Captrust Financial Advisors acquired a new stake in shares of Woori Financial Group during the first quarter worth approximately $28,000. Janiczek Wealth Management LLC grew its position in Woori Financial Group by 47.3% during the fourth quarter. Janiczek Wealth Management LLC now owns 1,077 shares of the bank’s stock valued at $33,000 after purchasing an additional 346 shares in the last quarter. Credit Suisse AG acquired a new position in Woori Financial Group in the 2nd quarter valued at approximately $48,000. Finally, Ronald Blue Trust Inc. increased its stake in Woori Financial Group by 114.0% in the 3rd quarter. Ronald Blue Trust Inc. now owns 2,746 shares of the bank’s stock valued at $74,000 after buying an additional 1,463 shares during the period. 17.79% of the stock is owned by institutional investors and hedge funds.

Woori Financial Group Stock Performance

Shares of WF stock opened at $29.69 on Monday. Woori Financial Group Inc. has a fifty-two week low of $24.94 and a fifty-two week high of $36.17. The stock’s 50-day moving average is $32.70 and its two-hundred day moving average is $30.46. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.05 and a quick ratio of 1.07. The firm has a market cap of $7.35 billion, a P/E ratio of 3.98, a PEG ratio of 0.39 and a beta of 1.04.

Woori Financial Group (NYSE:WF) last released its quarterly earnings data on Thursday, February 29th. The bank reported $0.06 EPS for the quarter, missing analysts’ consensus estimates of $0.94 by ($0.88). The firm had revenue of $2.13 billion during the quarter. Woori Financial Group had a return on equity of 7.31% and a net margin of 10.81%. Analysts predict that Woori Financial Group Inc. will post 8.04 earnings per share for the current fiscal year.

Woori Financial Group Dividend Announcement

The firm also recently declared an annual dividend, which was paid on Thursday, March 28th. Stockholders of record on Monday, April 1st were paid a dividend of $1.1918 per share. The ex-dividend date was Thursday, March 28th. This represents a dividend yield of 5.3%. Woori Financial Group’s dividend payout ratio (DPR) is 62.73%.

Analysts Set New Price Targets

Separately, Bank of America upgraded shares of Woori Financial Group from a “neutral” rating to a “buy” rating in a report on Tuesday, January 16th.

Woori Financial Group Company Profile

Woori Financial Group Inc, together with its subsidiaries, operates as a commercial bank that provides a range of financial services to individual, business, and institutional customers in Korea. It operates through Banking, Credit Card, Capital, Investment Banking, and Others segments. The company offers savings, demand, and installment deposits; time deposits, certificates of deposit, and repurchase instruments; and working capital, facilities, general purpose household, mortgage, and home equity loans.