Bank of America Corp DE lowered its stake in shares of KB Financial Group Inc. (NYSE:KB – Get Rating) by 18.9% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 631,932 shares of the bank's stock after selling 147,303 shares during the period. Bank of America Corp DE owned approximately 0.15% of KB Financial Group worth $30,857,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. JFS Wealth Advisors LLC lifted its stake in shares of KB Financial Group by 316.9% in the 1st quarter. JFS Wealth Advisors LLC now owns 592 shares of the bank's stock worth $29,000 after purchasing an additional 450 shares during the period. BNP Paribas Arbitrage SA lifted its stake in shares of KB Financial Group by 156.1% in the 1st quarter. BNP Paribas Arbitrage SA now owns 625 shares of the bank's stock worth $31,000 after purchasing an additional 381 shares during the period. EverSource Wealth Advisors LLC bought a new position in shares of KB Financial Group in the 4th quarter worth approximately $39,000. Gitterman Wealth Management LLC bought a new position in shares of KB Financial Group in the 1st quarter worth approximately $204,000. Finally, Balentine LLC bought a new position in shares of KB Financial Group in the 1st quarter worth approximately $209,000. Institutional investors own 5.54% of the company's stock.

KB Financial Group Price Performance

Shares of NYSE:KB opened at $30.14 on Friday. The firm's 50 day moving average price is $36.31 and its 200-day moving average price is $41.41. KB Financial Group Inc. has a twelve month low of $30.14 and a twelve month 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. The stock has a market capitalization of $12.32 billion, a PE ratio of 3.13, a price-to-earnings-growth ratio of 0.36 and a beta of 0.82.

KB Financial Group Company Profile

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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