Cwm LLC Sells 193 Shares of Woori Bank $WF

Cwm LLC lowered its stake in shares of Woori Bank (NYSE:WF) by 6.1% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,987 shares of the bank’s stock after selling 193 shares during the period. Cwm LLC’s holdings in Woori Bank were worth $149,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Cerity Partners LLC grew its stake in shares of Woori Bank by 68.0% in the first quarter. Cerity Partners LLC now owns 68,203 shares of the bank’s stock valued at $2,277,000 after buying an additional 27,616 shares in the last quarter. Ballentine Partners LLC lifted its stake in Woori Bank by 14.1% in the first quarter. Ballentine Partners LLC now owns 33,199 shares of the bank’s stock valued at $1,108,000 after acquiring an additional 4,091 shares during the last quarter. Advisors Preferred LLC lifted its stake in Woori Bank by 1,425.0% in the first quarter. Advisors Preferred LLC now owns 15,723 shares of the bank’s stock valued at $533,000 after acquiring an additional 14,692 shares during the last quarter. Canopy Partners LLC bought a new position in shares of Woori Bank in the 1st quarter valued at about $201,000. Finally, XTX Topco Ltd acquired a new position in shares of Woori Bank during the 1st quarter worth about $298,000. Institutional investors and hedge funds own 3.41% of the company’s stock.

Woori Bank Stock Performance

NYSE WF opened at $53.46 on Friday. The firm has a 50-day moving average price of $55.07 and a two-hundred day moving average price of $49.12. Woori Bank has a 12-month low of $29.44 and a 12-month high of $57.97. The company has a market capitalization of $13.08 billion, a P/E ratio of 6.73, a P/E/G ratio of 0.90 and a beta of 1.14. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.88.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on WF. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Woori Bank in a report on Wednesday, October 8th. Zacks Research lowered Woori Bank from a “hold” rating to a “strong sell” rating in a research note on Tuesday, October 21st. One analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Woori Bank presently has a consensus rating of “Hold”.

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.