KB Financial Group Inc $KB Shares Bought by American Century Companies Inc.

American Century Companies Inc. grew its holdings in shares of KB Financial Group Inc (NYSE:KB) by 18.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 751,168 shares of the bank’s stock after buying an additional 116,293 shares during the quarter. American Century Companies Inc. owned 0.20% of KB Financial Group worth $62,039,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. US Bancorp DE raised its holdings in KB Financial Group by 1.3% in the first quarter. US Bancorp DE now owns 20,442 shares of the bank’s stock valued at $1,106,000 after acquiring an additional 272 shares in the last quarter. Parkside Financial Bank & Trust increased its position in shares of KB Financial Group by 585.7% in the 2nd quarter. Parkside Financial Bank & Trust now owns 336 shares of the bank’s stock worth $28,000 after purchasing an additional 287 shares during the last quarter. First Horizon Advisors Inc. acquired a new stake in shares of KB Financial Group in the 2nd quarter valued at about $25,000. PDS Planning Inc raised its stake in shares of KB Financial Group by 4.3% in the 2nd quarter. PDS Planning Inc now owns 8,373 shares of the bank’s stock valued at $692,000 after purchasing an additional 349 shares in the last quarter. Finally, Aprio Wealth Management LLC lifted its position in shares of KB Financial Group by 4.9% during the first quarter. Aprio Wealth Management LLC now owns 9,617 shares of the bank’s stock worth $520,000 after purchasing an additional 446 shares during the last quarter. Institutional investors and hedge funds own 11.52% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on KB shares. Weiss Ratings reissued a “buy (b-)” rating on shares of KB Financial Group in a report on Monday. Wall Street Zen lowered KB Financial Group from a “buy” rating to a “hold” rating in a research report on Sunday, August 10th. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy”.

KB Financial Group Price Performance

Shares of NYSE KB opened at $85.10 on Friday. The company has a debt-to-equity ratio of 2.36, a current ratio of 1.67 and a quick ratio of 1.67. The firm has a market capitalization of $32.46 billion, a PE ratio of 8.18, a P/E/G ratio of 0.65 and a beta of 1.14. KB Financial Group Inc has a 1-year low of $46.38 and a 1-year high of $92.39. The business’s fifty day moving average price is $83.07 and its two-hundred day moving average price is $80.72.

KB Financial Group Company 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.