KB Financial Group Inc. (NYSE:KB) Stock Holdings Cut by Jane Street Group LLC

Jane Street Group LLC lessened its position in KB Financial Group Inc. (NYSE:KB) by 2.3% during the third quarter, Holdings Channel reports. The institutional investor owned 94,741 shares of the bank’s stock after selling 2,241 shares during the quarter. Jane Street Group LLC’s holdings in KB Financial Group were worth $5,850,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. BOCHK Asset Management Ltd acquired a new stake in KB Financial Group during the third quarter valued at approximately $25,000. Benjamin F. Edwards & Company Inc. grew its position in KB Financial Group by 66.1% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 779 shares of the bank’s stock worth $44,000 after buying an additional 310 shares during the last quarter. Venturi Wealth Management LLC increased its holdings in shares of KB Financial Group by 2,427.9% in the third quarter. Venturi Wealth Management LLC now owns 1,087 shares of the bank’s stock valued at $67,000 after buying an additional 1,044 shares in the last quarter. GAMMA Investing LLC lifted its position in shares of KB Financial Group by 36.9% during the 3rd quarter. GAMMA Investing LLC now owns 1,279 shares of the bank’s stock valued at $79,000 after acquiring an additional 345 shares during the last quarter. Finally, CWM LLC boosted its stake in shares of KB Financial Group by 5.7% during the 3rd quarter. CWM LLC now owns 2,851 shares of the bank’s stock worth $176,000 after acquiring an additional 155 shares in the last quarter. Institutional investors and hedge funds own 11.52% of the company’s stock.

Wall Street Analyst Weigh In

KB has been the topic of a number of recent analyst reports. Morgan Stanley raised KB Financial Group from an “equal weight” rating to an “overweight” rating in a research report on Thursday. StockNews.com raised shares of KB Financial Group from a “hold” rating to a “buy” rating in a research note on Tuesday, October 29th.

KB Financial Group Trading Down 2.4 %

KB Financial Group stock opened at $59.40 on Monday. KB Financial Group Inc. has a 52 week low of $36.57 and a 52 week high of $72.89. The company has a debt-to-equity ratio of 2.29, a quick ratio of 1.66 and a current ratio of 1.66. The firm has a market capitalization of $23.38 billion, a price-to-earnings ratio of 6.92, a P/E/G ratio of 0.53 and a beta of 0.96. The company has a 50 day moving average price of $66.34 and a 200 day moving average price of $62.72.

About KB Financial Group

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.