Advisory Research Inc. Grows Stock Holdings in KB Financial Group Inc $KB

Advisory Research Inc. boosted its holdings in KB Financial Group Inc (NYSE:KB) by 23.3% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 120,510 shares of the bank’s stock after buying an additional 22,745 shares during the period. KB Financial Group accounts for approximately 1.3% of Advisory Research Inc.’s holdings, making the stock its 24th biggest position. Advisory Research Inc.’s holdings in KB Financial Group were worth $9,992,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Invesco Ltd. boosted its position in shares of KB Financial Group by 508.9% during the second quarter. Invesco Ltd. now owns 152,939 shares of the bank’s stock worth $12,631,000 after acquiring an additional 127,823 shares during the last quarter. American Century Companies Inc. increased its holdings in shares of KB Financial Group by 18.3% in the second quarter. American Century Companies Inc. now owns 751,168 shares of the bank’s stock worth $62,039,000 after purchasing an additional 116,293 shares during the last quarter. Capital International Investors lifted its position in shares of KB Financial Group by 12.7% in the third quarter. Capital International Investors now owns 757,168 shares of the bank’s stock worth $62,735,000 after buying an additional 85,231 shares in the last quarter. Bank of America Corp DE lifted its position in shares of KB Financial Group by 9.1% in the second quarter. Bank of America Corp DE now owns 845,567 shares of the bank’s stock worth $69,835,000 after buying an additional 70,865 shares in the last quarter. Finally, Natixis Advisors LLC boosted its position in shares of KB Financial Group by 168.1% during the 3rd quarter. Natixis Advisors LLC now owns 92,396 shares of the bank’s stock valued at $7,661,000 after acquiring an additional 57,935 shares during the last quarter. 11.52% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on KB. Weiss Ratings reissued a “buy (b)” rating on shares of KB Financial Group in a report on Monday, December 29th. Zacks Research raised KB Financial Group from a “strong sell” rating to a “hold” rating in a research note on Monday, February 2nd. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, KB Financial Group has a consensus rating of “Moderate Buy”.

KB Financial Group Stock Down 3.4%

Shares of NYSE:KB opened at $99.24 on Friday. The firm has a market capitalization of $37.00 billion, a PE ratio of 9.30, a price-to-earnings-growth ratio of 0.63 and a beta of 1.08. The business has a 50 day simple moving average of $100.30 and a two-hundred day simple moving average of $89.32. KB Financial Group Inc has a 1 year low of $46.38 and a 1 year high of $119.71. The company has a debt-to-equity ratio of 2.48, a current ratio of 1.64 and a quick ratio of 1.65.

KB Financial Group (NYSE:KB) last issued its quarterly earnings results on Saturday, January 31st. The bank reported $1.43 earnings per share for the quarter. KB Financial Group had a return on equity of 9.67% and a net margin of 17.16%. On average, equities analysts predict that KB Financial Group Inc will post 8.87 EPS for the current year.

About KB Financial Group

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.