Ethic Inc. boosted its position in shares of KB Financial Group Inc. (NYSE:KB – Get Rating) by 26.8% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 45,281 shares of the bank's stock after buying an additional 9,565 shares during the quarter. Ethic Inc.'s holdings in KB Financial Group were worth $2,211,000 at the end of the most recent quarter.
Other large investors have also bought and sold shares of the company. Arrowstreet Capital Limited Partnership boosted its position in shares of KB Financial Group by 86.3% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 600,940 shares of the bank's stock valued at $29,344,000 after purchasing an additional 278,345 shares during the period. Aaron Wealth Advisors LLC acquired a new position in shares of KB Financial Group in the 1st quarter valued at $2,463,000. Royal London Asset Management Ltd. boosted its position in shares of KB Financial Group by 17.5% in the 1st quarter. Royal London Asset Management Ltd. now owns 720,294 shares of the bank's stock valued at $35,226,000 after purchasing an additional 107,023 shares during the period. Causeway Capital Management LLC acquired a new position in shares of KB Financial Group in the 4th quarter valued at $1,926,000. Finally, Clark Capital Management Group Inc. boosted its position in shares of KB Financial Group by 4.5% in the 4th quarter. Clark Capital Management Group Inc. now owns 761,185 shares of the bank's stock valued at $35,136,000 after purchasing an additional 32,755 shares during the period. Institutional investors own 5.54% of the company's stock.
Get KB Financial Group alerts:Wall Street Analysts Forecast Growth
A number of equities analysts recently weighed in on the company. StockNews.com lowered KB Financial Group from a "strong-buy" rating to a "buy" rating in a research report on Monday, May 23rd. The Goldman Sachs Group lowered KB Financial Group from a "conviction-buy" rating to a "buy" rating in a research report on Wednesday, May 18th.
KB Financial Group Trading Up 1.3 %
Shares of NYSE KB opened at $35.76 on Monday. KB Financial Group Inc. has a one year low of $33.15 and a one year high of $55.31. The firm has a market capitalization of $14.62 billion, a PE ratio of 3.72, a PEG ratio of 0.41 and a beta of 0.82. The company has a current ratio of 1.72, a quick ratio of 1.72 and a debt-to-equity ratio of 2.83. The business has a 50-day moving average price of $36.77 and a two-hundred day moving average price of $42.67.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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