Woori Financial Group (NYSE:WF) Hits New 12-Month High at $36.18

Woori Financial Group Inc. (NYSE:WFGet Free Report) shares hit a new 52-week high during trading on Thursday . The company traded as high as $36.18 and last traded at $35.96, with a volume of 4617 shares changing hands. The stock had previously closed at $34.87.

Wall Street Analyst Weigh In

Separately, Bank of America raised Woori Financial Group from a “neutral” rating to a “buy” rating in a research report on Tuesday, January 16th.

Check Out Our Latest Report on Woori Financial Group

Woori Financial Group Trading Down 2.5 %

The firm has a fifty day simple moving average of $32.46 and a two-hundred day simple moving average of $29.91. The firm has a market capitalization of $8.68 billion, a P/E ratio of 4.64, a price-to-earnings-growth ratio of 0.47 and a beta of 1.05. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.05 and a quick ratio of 1.07.

Woori Financial Group Increases Dividend

The company also recently disclosed a semi-annual dividend, which was paid on Wednesday, February 28th. Shareholders of record on Thursday, February 29th were issued a dividend of $1.4465 per share. This represents a yield of 5.5%. This is a positive change from Woori Financial Group’s previous semi-annual dividend of $0.37. The ex-dividend date was Wednesday, February 28th. Woori Financial Group’s dividend payout ratio is 24.53%.

Hedge Funds Weigh In On Woori Financial Group

Several institutional investors and hedge funds have recently bought and sold shares of WF. PNC Financial Services Group Inc. boosted its holdings in shares of Woori Financial Group by 2.5% in the fourth quarter. PNC Financial Services Group Inc. now owns 17,336 shares of the bank’s stock worth $524,000 after acquiring an additional 415 shares during the period. Sivia Capital Partners LLC bought a new position in shares of Woori Financial Group in the fourth quarter worth $263,000. Pathstone Holdings LLC bought a new position in shares of Woori Financial Group in the fourth quarter worth $589,000. Creative Planning boosted its holdings in shares of Woori Financial Group by 90.7% in the fourth quarter. Creative Planning now owns 76,582 shares of the bank’s stock worth $2,314,000 after acquiring an additional 36,432 shares during the period. Finally, Ethic Inc. boosted its holdings in shares of Woori Financial Group by 7.4% in the fourth quarter. Ethic Inc. now owns 105,803 shares of the bank’s stock worth $3,197,000 after acquiring an additional 7,261 shares during the period. 1.77% of the stock is owned by institutional investors.

Woori Financial Group Company Profile

(Get Free Report)

Woori Financial Group Inc, together with its subsidiaries, operates as a commercial bank that provides a range of financial services to individual, business, and institutional customers in Korea. It operates through Banking, Credit Card, Capital, Investment Banking, and Others segments. The company offers savings, demand, and installment deposits; time deposits, certificates of deposit, and repurchase instruments; and working capital, facilities, general purpose household, mortgage, and home equity loans.

Further Reading

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