5,002 Shares in KB Financial Group Inc. (NYSE:KB) Acquired by DekaBank Deutsche Girozentrale

DekaBank Deutsche Girozentrale acquired a new position in KB Financial Group Inc. (NYSE:KBGet Rating) during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 5,002 shares of the bank’s stock, valued at approximately $248,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Glassman Wealth Services grew its position in KB Financial Group by 80.3% during the fourth quarter. Glassman Wealth Services now owns 696 shares of the bank’s stock valued at $32,000 after acquiring an additional 310 shares during the last quarter. EverSource Wealth Advisors LLC bought a new position in shares of KB Financial Group in the fourth quarter worth approximately $39,000. National Bank of Canada FI bought a new position in shares of KB Financial Group in the fourth quarter worth approximately $46,000. Pacer Advisors Inc. bought a new position in shares of KB Financial Group in the fourth quarter worth approximately $140,000. Finally, KCS Wealth Advisory bought a new position in shares of KB Financial Group in the first quarter worth approximately $210,000. 5.17% of the stock is currently owned by institutional investors.

KB Financial Group Stock Performance

Shares of KB stock opened at $36.13 on Monday. The stock has a fifty day moving average of $41.06 and a 200 day moving average of $46.14. KB Financial Group Inc. has a 52 week low of $33.15 and a 52 week high of $55.31. The firm has a market capitalization of $14.90 billion, a price-to-earnings ratio of 3.69 and a beta of 0.88. The company has a quick ratio of 1.69, a current ratio of 1.69 and a debt-to-equity ratio of 2.68.

KB Financial Group (NYSE:KBGet Rating) last announced its quarterly earnings results on Friday, April 22nd. The bank reported $2.98 EPS for the quarter. KB Financial Group had a return on equity of 9.94% and a net margin of 23.47%. The company had revenue of $3.30 billion during the quarter.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the stock. The Goldman Sachs Group cut shares of KB Financial Group from a “conviction-buy” rating to a “buy” rating in a report on Wednesday, May 18th. StockNews.com lowered KB Financial Group from a “strong-buy” rating to a “buy” rating in a research note on Monday, May 23rd.

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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Institutional Ownership by Quarter for KB Financial Group (NYSE:KB)

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