Public Employees Retirement System of Ohio Decreases Position in Woori Bank $WF

Public Employees Retirement System of Ohio cut its stake in Woori Bank (NYSE:WF) by 11.9% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 31,325 shares of the bank’s stock after selling 4,226 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in Woori Bank were worth $1,558,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Canopy Partners LLC bought a new stake in shares of Woori Bank in the first quarter worth approximately $201,000. Optas LLC bought a new stake in shares of Woori Bank in the first quarter worth approximately $203,000. HighTower Advisors LLC bought a new stake in shares of Woori Bank in the first quarter worth approximately $207,000. Compound Planning Inc. bought a new stake in shares of Woori Bank in the first quarter worth approximately $215,000. Finally, Foster Group Inc. bought a new stake in shares of Woori Bank in the first quarter worth approximately $221,000. 3.41% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “buy (b)” rating on shares of Woori Bank in a research note on Saturday, September 27th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Woori Bank has a consensus rating of “Buy”.

Woori Bank Stock Performance

WF opened at $55.94 on Friday. The firm has a market cap of $13.85 billion, a P/E ratio of 7.05, a PEG ratio of 1.00 and a beta of 1.14. Woori Bank has a 1-year low of $29.44 and a 1-year high of $57.97. The company has a 50 day simple moving average of $54.75 and a two-hundred day simple moving average of $46.20. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.09 and a quick ratio of 1.09.

Woori Bank (NYSE:WF) last posted its quarterly earnings results on Friday, July 25th. The bank reported $2.63 earnings per share for the quarter, missing analysts’ consensus estimates of $3,574.37 by ($3,571.74). The firm had revenue of $2 billion during the quarter, compared to the consensus estimate of $2,790.97 billion. Woori Bank had a return on equity of 8.30% and a net margin of 11.84%. Equities analysts forecast that Woori Bank will post 8.24 earnings per share for the current fiscal year.

Woori Bank Profile

Woori Financial Group Inc, a financial holding company, operates as a commercial bank that provides a range of financial products and services to individuals, corporations, and small- and medium-sized enterprises in Korea. It operates through Banking, Credit Card, Capital, Investment Banking, and Others segments.