Caprock Group LLC Takes $635,000 Position in Woori Bank $WF

Caprock Group LLC bought a new stake in Woori Bank (NYSE:WF) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor bought 11,707 shares of the bank’s stock, valued at approximately $635,000.

Other hedge funds have also bought and sold shares of the company. Coldstream Capital Management Inc. boosted its position in Woori Bank by 577.5% during the second quarter. Coldstream Capital Management Inc. now owns 10,373 shares of the bank’s stock worth $516,000 after purchasing an additional 8,842 shares during the period. Acadian Asset Management LLC lifted its stake in shares of Woori Bank by 0.8% during the 2nd quarter. Acadian Asset Management LLC now owns 128,924 shares of the bank’s stock worth $6,407,000 after buying an additional 1,083 shares during the last quarter. West Family Investments Inc. boosted its holdings in shares of Woori Bank by 42.9% during the 2nd quarter. West Family Investments Inc. now owns 17,614 shares of the bank’s stock worth $876,000 after buying an additional 5,284 shares during the period. Creative Planning raised its holdings in Woori Bank by 25.8% in the 2nd quarter. Creative Planning now owns 261,811 shares of the bank’s stock valued at $13,020,000 after acquiring an additional 53,743 shares during the period. Finally, Drive Wealth Management LLC bought a new position in Woori Bank in the 2nd quarter valued at about $239,000. 3.41% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on WF shares. Wall Street Zen upgraded Woori Bank from a “hold” rating to a “buy” rating in a report on Saturday. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Woori Bank in a report on Monday, December 29th. Finally, Zacks Research upgraded Woori Bank from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 11th. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the company’s stock. According to data from MarketBeat, Woori Bank currently has an average rating of “Strong Buy”.

Woori Bank Price Performance

Shares of NYSE:WF opened at $80.68 on Tuesday. The firm has a 50 day moving average of $61.68 and a 200-day moving average of $57.30. Woori Bank has a 12 month low of $29.44 and a 12 month high of $81.89. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 0.78. The stock has a market capitalization of $19.74 billion, a PE ratio of 9.02, a PEG ratio of 0.85 and a beta of 1.14.

Woori Bank (NYSE:WF) last announced its quarterly earnings data on Friday, November 14th. The bank reported $3.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.28 by $1.29. Woori Bank had a net margin of 13.29% and a return on equity of 9.16%. The business had revenue of $1.94 billion for the quarter, compared to analysts’ expectations of $1.99 billion. On average, equities research analysts predict that Woori Bank will post 8.24 EPS for the current fiscal year.

About Woori Bank

Woori Bank Co, Ltd. (NYSE: WF) is a South Korean commercial bank and the principal banking unit of Woori Financial Group. Established in 2001 through the merger of Hanvit Bank and Peace Bank, the institution traces its roots to earlier banking entities that date back to the late 19th and mid-20th centuries. Headquartered in Seoul, Woori Bank operates under a universal banking model, serving both individual customers and corporate clients with a comprehensive suite of financial products and services.

The bank’s core operations encompass retail banking, corporate and investment banking, treasury services, and wealth management.