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KB Financial Group (NYSE:KB) Shares Gap Down to $32.38

Defense World ·  Sep 29, 2022 05:03

Shares of KB Financial Group Inc. (NYSE:KB – Get Rating) gapped down prior to trading on Tuesday . The stock had previously closed at $32.38, but opened at $31.41. KB Financial Group shares last traded at $31.30, with a volume of 3,138 shares trading hands.

KB Financial Group Trading Up 1.5 %

The company has a market cap of $12.85 billion, a price-to-earnings ratio of 3.27, a PEG ratio of 0.38 and a beta of 0.82. The firm has a 50 day moving average price of $36.65 and a two-hundred day moving average price of $41.73. The company has a quick ratio of 1.72, a current ratio of 1.72 and a debt-to-equity ratio of 2.83.

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Institutional Investors Weigh In On KB Financial Group

Institutional investors and hedge funds have recently made changes to their positions in the stock. Park Avenue Securities LLC grew its stake in KB Financial Group by 8.3% during the first 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 acquired a new stake in KB Financial Group during the first quarter worth approximately $244,000. Allianz Asset Management GmbH grew its stake in KB Financial Group by 30.8% during the fourth 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 acquired a new stake in KB Financial Group during the first quarter worth approximately $265,000. Finally, Crossmark Global Holdings Inc. grew its stake in KB Financial Group by 12.9% during the first 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. Institutional investors and hedge funds own 5.54% of the company's stock.

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.

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