KB Financial Group Inc. (NYSE:KB) Shares Acquired by US Bancorp DE

US Bancorp DE increased its holdings in KB Financial Group Inc. (NYSE:KBFree Report) by 47.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 21,303 shares of the bank’s stock after purchasing an additional 6,877 shares during the period. US Bancorp DE’s holdings in KB Financial Group were worth $881,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in KB. CWM LLC increased its position in KB Financial Group by 12.4% during the fourth quarter. CWM LLC now owns 2,409 shares of the bank’s stock worth $100,000 after purchasing an additional 265 shares during the last quarter. Allspring Global Investments Holdings LLC raised its position in shares of KB Financial Group by 47.8% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 2,490 shares of the bank’s stock worth $103,000 after buying an additional 805 shares during the period. Quantbot Technologies LP acquired a new position in KB Financial Group in the third quarter valued at $179,000. Shelton Capital Management purchased a new stake in KB Financial Group during the third quarter valued at about $201,000. Finally, Aprio Wealth Management LLC acquired a new stake in KB Financial Group during the fourth quarter worth about $215,000. 11.52% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, StockNews.com raised KB Financial Group from a “hold” rating to a “buy” rating in a research note on Wednesday, March 13th.

View Our Latest Stock Report on KB Financial Group

KB Financial Group Price Performance

KB opened at $55.95 on Wednesday. KB Financial Group Inc. has a 52-week low of $35.20 and a 52-week high of $60.14. The company has a 50 day moving average of $53.47 and a two-hundred day moving average of $47.80. The company has a market cap of $22.58 billion, a P/E ratio of 6.99, a P/E/G ratio of 0.42 and a beta of 1.01. The company has a quick ratio of 1.65, a current ratio of 1.65 and a debt-to-equity ratio of 2.25.

KB Financial Group (NYSE:KBGet Free Report) last announced its quarterly earnings results on Wednesday, March 6th. The bank reported $0.43 earnings per share for the quarter, missing analysts’ consensus estimates of $0.64 by ($0.21). KB Financial Group had a return on equity of 6.97% and a net margin of 11.65%. The business had revenue of $3.54 billion for the quarter. On average, analysts expect that KB Financial Group Inc. will post 9.41 earnings per share for the current year.

KB Financial Group Company Profile

(Free Report)

KB Financial Group Inc provides a range of banking and related financial services to consumers and corporations in South Korea, the United States, New Zealand, China, Cambodia, the United Kingdom, Indonesia, and internationally. The company operates through Retail Banking, Corporate Banking, Other Banking Services, Credit Card, Securities, Life Insurance, and Non-Life Insurance segments.

See Also

Want to see what other hedge funds are holding KB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for KB Financial Group Inc. (NYSE:KBFree Report).

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

Receive News & Ratings for KB Financial Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for KB Financial Group and related companies with MarketBeat.com's FREE daily email newsletter.