Cerity Partners LLC Boosts Stake in Woori Financial Group Inc. (NYSE:WF)

Cerity Partners LLC lifted its holdings in Woori Financial Group Inc. (NYSE:WF) by 23.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 25,337 shares of the bank’s stock after purchasing an additional 4,773 shares during the period. Cerity Partners LLC’s holdings in Woori Financial Group were worth $766,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. EverSource Wealth Advisors LLC lifted its holdings in Woori Financial Group by 6.2% during the third quarter. EverSource Wealth Advisors LLC now owns 6,976 shares of the bank’s stock valued at $191,000 after purchasing an additional 409 shares in the last quarter. Sequoia Financial Advisors LLC lifted its stake in Woori Financial Group by 7.2% in the 4th quarter. Sequoia Financial Advisors LLC now owns 23,260 shares of the bank’s stock valued at $703,000 after buying an additional 1,565 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. lifted its stake in Woori Financial Group by 24.8% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 27,393 shares of the bank’s stock valued at $751,000 after buying an additional 5,443 shares in the last quarter. Blue Trust Inc. boosted its holdings in Woori Financial Group by 36.6% in the 4th quarter. Blue Trust Inc. now owns 3,751 shares of the bank’s stock worth $113,000 after buying an additional 1,005 shares during the last quarter. Finally, Caprock Group LLC increased its stake in Woori Financial Group by 14.2% during the 4th quarter. Caprock Group LLC now owns 15,241 shares of the bank’s stock worth $461,000 after buying an additional 1,899 shares in the last quarter. Institutional investors and hedge funds own 17.79% of the company’s stock.

Analyst Ratings Changes

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

Woori Financial Group Price Performance

Woori Financial Group stock opened at $31.16 on Wednesday. The company has a fifty day simple moving average of $32.65 and a 200-day simple moving average of $30.49. The firm has a market capitalization of $7.71 billion, a price-to-earnings ratio of 4.18, a PEG ratio of 0.39 and a beta of 1.04. The company has a quick ratio of 1.07, a current ratio of 1.05 and a debt-to-equity ratio of 0.93. Woori Financial Group Inc. has a 52-week low of $24.94 and a 52-week high of $36.17.

Woori Financial Group (NYSE:WF) last posted its quarterly earnings results on Thursday, February 29th. The bank reported $0.06 earnings per share for the quarter, missing analysts’ consensus estimates of $0.94 by ($0.88). The business had revenue of $2.13 billion for the quarter. Woori Financial Group had a return on equity of 7.31% and a net margin of 10.81%. On average, equities analysts anticipate that Woori Financial Group Inc. will post 8.04 EPS for the current fiscal year.

Woori Financial Group Dividend Announcement

The business also recently declared an annual dividend, which was paid on Thursday, March 28th. Stockholders of record on Monday, April 1st were given a $1.1918 dividend. The ex-dividend date of this dividend was Thursday, March 28th. This represents a dividend yield of 5.3%. Woori Financial Group’s dividend payout ratio (DPR) is presently 62.73%.

Woori Financial Group Profile

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.