Campbell & CO Investment Adviser LLC Invests $666,000 in KB Financial Group Inc $KB

Campbell & CO Investment Adviser LLC acquired a new stake in shares of KB Financial Group Inc (NYSE:KB) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 8,033 shares of the bank’s stock, valued at approximately $666,000.

Several other large investors also recently modified their holdings of the stock. First Horizon Advisors Inc. acquired a new stake in shares of KB Financial Group during the 2nd quarter worth about $25,000. Parkside Financial Bank & Trust grew its holdings in KB Financial Group by 585.7% during the 2nd quarter. Parkside Financial Bank & Trust now owns 336 shares of the bank’s stock worth $28,000 after acquiring an additional 287 shares during the last quarter. First Horizon Corp bought a new position in KB Financial Group in the 3rd quarter worth approximately $30,000. Hantz Financial Services Inc. lifted its stake in shares of KB Financial Group by 817.9% during the second quarter. Hantz Financial Services Inc. now owns 771 shares of the bank’s stock valued at $64,000 after acquiring an additional 687 shares during the period. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in KB Financial Group by 10,875.0% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 878 shares of the bank’s stock valued at $73,000 after acquiring an additional 870 shares during the last quarter. 11.52% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms have issued reports on KB. Zacks Research downgraded shares of KB Financial Group from a “hold” rating to a “strong sell” rating in a research report on Thursday, December 18th. Weiss Ratings restated a “buy (b)” rating on shares of KB Financial Group in a research report on Monday, December 29th. One research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat, KB Financial Group currently has an average rating of “Hold”.

KB Financial Group Price Performance

NYSE KB opened at $90.02 on Wednesday. The company has a debt-to-equity ratio of 2.38, a quick ratio of 1.65 and a current ratio of 1.65. The stock has a market cap of $34.34 billion, a price-to-earnings ratio of 8.49, a PEG ratio of 0.67 and a beta of 1.12. The business has a 50 day simple moving average of $86.41 and a 200 day simple moving average of $83.56. KB Financial Group Inc has a 52-week low of $46.38 and a 52-week high of $92.39.

KB Financial Group Company Profile

KB Financial Group Inc is a South Korea-based financial holding company that offers a broad range of banking and financial services. Headquartered in Seoul and listed on the New York Stock Exchange under the ticker KB, the group operates through a set of specialized subsidiaries to provide integrated financial solutions for retail, corporate and institutional clients.

The company’s principal businesses include retail and corporate banking, securities and investment banking, insurance (life and non-life), asset management, credit card and consumer finance, and leasing.