GAMMA Investing LLC Makes New Investment in Woori Financial Group Inc. (NYSE:WF)

GAMMA Investing LLC purchased a new stake in shares of Woori Financial Group Inc. (NYSE:WF) in the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 1,101 shares of the bank’s stock, valued at approximately $34,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. CWM LLC increased its holdings in shares of Woori Financial Group by 27.8% during the fourth quarter. CWM LLC now owns 3,507 shares of the bank’s stock valued at $106,000 after acquiring an additional 763 shares in the last quarter. Signaturefd LLC increased its stake in Woori Financial Group by 4.2% in the 4th quarter. Signaturefd LLC now owns 41,925 shares of the bank’s stock worth $1,267,000 after acquiring an additional 1,700 shares during the last quarter. Lindbrook Capital LLC increased its stake in Woori Financial Group by 14.0% in the 4th quarter. Lindbrook Capital LLC now owns 5,535 shares of the bank’s stock worth $167,000 after acquiring an additional 679 shares during the last quarter. Janiczek Wealth Management LLC increased its position in shares of Woori Financial Group by 47.3% during the 4th quarter. Janiczek Wealth Management LLC now owns 1,077 shares of the bank’s stock valued at $33,000 after purchasing an additional 346 shares during the last quarter. Finally, Cerity Partners LLC increased its position in shares of Woori Financial Group by 23.2% during the 4th quarter. Cerity Partners LLC now owns 25,337 shares of the bank’s stock valued at $766,000 after purchasing an additional 4,773 shares during the last quarter. 17.79% of the stock is currently owned by institutional investors.

Woori Financial Group Price Performance

Shares of WF stock opened at $31.73 on Monday. Woori Financial Group Inc. has a twelve month low of $24.94 and a twelve month high of $36.17. The stock has a market capitalization of $7.85 billion, a price-to-earnings ratio of 4.25, a P/E/G ratio of 0.39 and a beta of 1.05. The stock has a fifty day simple moving average of $32.32 and a two-hundred day simple moving average of $30.69. The company has a current ratio of 1.05, a quick ratio of 1.07 and a debt-to-equity ratio of 0.93.

Woori Financial Group (NYSE:WF) last issued its quarterly earnings data 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). Woori Financial Group had a net margin of 10.81% and a return on equity of 7.31%. The company had revenue of $2.13 billion for the quarter. On average, analysts predict that Woori Financial Group Inc. will post 8.02 EPS for the current fiscal year.

Woori Financial Group Dividend Announcement

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

Analyst Upgrades and Downgrades

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

About Woori Financial Group

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.