US Bancorp DE Has $716,000 Holdings in KB Financial Group Inc. (NYSE:KB)

US Bancorp DE grew its stake in KB Financial Group Inc. (NYSE:KB – Get Rating) by 4.1% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 23,744 shares of the bank’s stock after buying an additional 937 shares during the period. US Bancorp DE’s holdings in KB Financial Group were worth $716,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. BNP Paribas Arbitrage SA lifted its position in shares of KB Financial Group by 156.1% in the first quarter. BNP Paribas Arbitrage SA now owns 625 shares of the bank’s stock worth $31,000 after buying an additional 381 shares during the last quarter. Ronald Blue Trust Inc. acquired a new stake in shares of KB Financial Group in the second quarter worth about $47,000. JBF Capital Inc. acquired a new stake in shares of KB Financial Group in the second quarter worth about $74,000. Captrust Financial Advisors lifted its position in shares of KB Financial Group by 38.4% in the second quarter. Captrust Financial Advisors now owns 2,698 shares of the bank’s stock worth $100,000 after buying an additional 748 shares during the last quarter. Finally, Solstein Capital LLC acquired a new stake in shares of KB Financial Group in the second quarter worth about $104,000. Institutional investors and hedge funds own 5.80% of the company’s stock.

KB Financial Group Price Performance

NYSE KB opened at $46.52 on Friday. KB Financial Group Inc. has a twelve month low of $30.14 and a twelve month high of $55.31. The company has a debt-to-equity ratio of 2.88, a quick ratio of 1.73 and a current ratio of 1.73. The stock has a market capitalization of $19.02 billion, a PE ratio of 5.08, a P/E/G ratio of 0.55 and a beta of 0.90. The stock has a 50-day simple moving average of $40.56 and a 200 day simple moving average of $37.01.

KB Financial Group (NYSE:KB – Get Rating) last posted its quarterly earnings data on Tuesday, October 25th. The bank reported $2.31 earnings per share for the quarter, topping the consensus estimate of $2.27 by $0.04. KB Financial Group had a return on equity of 13.14% and a net margin of 20.82%. The business had revenue of $3.12 billion during the quarter. Research analysts anticipate that KB Financial Group Inc. will post 8.51 EPS for the current year.

Analyst Ratings Changes

Separately, StockNews.com raised KB Financial Group from a “hold” rating to a “buy” rating in a research report on Friday, November 25th.

KB Financial Group Company Profile

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KB Financial Group, Inc engages in providing financial services through its subsidiaries. It operates through the following segments: Corporate Banking, Retail Banking, Other Banking Services, Credit Card, Life Insurance, Investment and Securities business. The Corporate Banking business segment provides services such as loans, overdrafts, deposits, credit facilities and other foreign currency activities.