Veriti Management LLC lifted its position in KB Financial Group Inc. (NYSE:KB – Get Rating) by 3.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 37,952 shares of the bank's stock after buying an additional 1,170 shares during the quarter. Veriti Management LLC's holdings in KB Financial Group were worth $1,412,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently modified their holdings of KB. Park Avenue Securities LLC increased its holdings in KB Financial Group by 8.3% during the 1st quarter. Park Avenue Securities LLC now owns 6,436 shares of the bank's stock worth $314,000 after purchasing an additional 493 shares during the period. B. Metzler seel. Sohn & Co. AG purchased a new stake in KB Financial Group during the 1st quarter worth about $244,000. Allianz Asset Management GmbH increased its holdings in KB Financial Group by 30.8% during the 4th quarter. Allianz Asset Management GmbH now owns 15,637 shares of the bank's stock worth $722,000 after purchasing an additional 3,681 shares during the period. OneAscent Wealth Management LLC purchased a new stake in KB Financial Group during the 1st quarter worth about $265,000. Finally, Crossmark Global Holdings Inc. increased its holdings in KB Financial Group by 12.9% during the 1st quarter. Crossmark Global Holdings Inc. now owns 47,831 shares of the bank's stock worth $2,336,000 after purchasing an additional 5,466 shares during the period. Hedge funds and other institutional investors own 5.54% of the company's stock.
Get KB Financial Group alerts:KB Financial Group Price Performance
Shares of NYSE KB opened at $34.01 on Monday. The stock's 50-day moving average is $36.81 and its two-hundred day moving average is $41.89. The company has a debt-to-equity ratio of 2.83, a current ratio of 1.72 and a quick ratio of 1.72. KB Financial Group Inc. has a 1-year low of $33.15 and a 1-year high of $55.31. The company has a market cap of $13.91 billion, a price-to-earnings ratio of 3.54, a price-to-earnings-growth ratio of 0.40 and a beta of 0.82.
About KB Financial Group
(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.
See Also
- Get a free copy of the StockNews.com research report on KB Financial Group (KB)
- Can Caterpillar Claw Higher in a Falling Market?
- Is Dave & Buster's Immune to High Inflation and Lower Spending?
- Should These 3 Top-Performing Mid-Caps Be On Your Watchlist?
- Will Wall Street's Enthusiasm About Datadog Lead To Big Gains?
- MarketBeat: Week in Review 9/19 – 9/23
Want to see what other hedge funds are holding KB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for KB Financial Group Inc. (NYSE:KB – Get Rating).
Receive News & Ratings for KB Financial Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for KB Financial Group and related companies with MarketBeat.com's FREE daily email newsletter.