KB Financial Group Inc (NYSE:KB) Holdings Lifted by Victory Capital Management Inc.

Victory Capital Management Inc. increased its holdings in KB Financial Group Inc (NYSE:KB) by 27.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,620 shares of the bank’s stock after acquiring an additional 3,345 shares during the period. Victory Capital Management Inc.’s holdings in KB Financial Group were worth $845,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of KB. Wealth Enhancement Advisory Services LLC increased its holdings in shares of KB Financial Group by 8.8% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 26,348 shares of the bank’s stock valued at $1,426,000 after purchasing an additional 2,135 shares during the period. QRG Capital Management Inc. grew its position in KB Financial Group by 9.2% during the first quarter. QRG Capital Management Inc. now owns 13,395 shares of the bank’s stock valued at $725,000 after purchasing an additional 1,126 shares in the last quarter. Perigon Wealth Management LLC acquired a new position in KB Financial Group in the 1st quarter valued at approximately $214,000. Deutsche Bank AG acquired a new stake in shares of KB Financial Group during the 4th quarter valued at $1,149,000. Finally, SG Americas Securities LLC boosted its stake in shares of KB Financial Group by 152.1% during the 1st quarter. SG Americas Securities LLC now owns 37,913 shares of the bank’s stock valued at $2,051,000 after buying an additional 22,876 shares during the period. 11.52% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, Wall Street Zen raised shares of KB Financial Group from a “hold” rating to a “buy” rating in a research note on Wednesday, May 21st.

KB Financial Group Stock Performance

Shares of KB stock opened at $78.99 on Friday. KB Financial Group Inc has a fifty-two week low of $46.38 and a fifty-two week high of $92.39. The stock’s 50-day moving average is $80.60 and its two-hundred day moving average is $66.18. The company has a debt-to-equity ratio of 2.40, a current ratio of 1.68 and a quick ratio of 1.68. The firm has a market cap of $30.13 billion, a P/E ratio of 7.66, a PEG ratio of 0.61 and a beta of 1.06.

KB Financial Group Profile

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.