564 Shares in KB Financial Group Inc. (NYSE:KB) Acquired by Wilmington Savings Fund Society FSB

Wilmington Savings Fund Society FSB acquired a new stake in shares of KB Financial Group Inc. (NYSE:KB) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 564 shares of the bank’s stock, valued at approximately $35,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Sanctuary Advisors LLC boosted its stake in KB Financial Group by 11.8% during the 3rd quarter. Sanctuary Advisors LLC now owns 10,243 shares of the bank’s stock valued at $633,000 after purchasing an additional 1,085 shares during the period. Teachers Retirement System of The State of Kentucky grew its holdings in KB Financial Group by 15.2% in the 3rd quarter. Teachers Retirement System of The State of Kentucky now owns 426,430 shares of the bank’s stock worth $26,332,000 after buying an additional 56,400 shares in the last quarter. Public Employees Retirement System of Ohio acquired a new stake in KB Financial Group in the 3rd quarter valued at approximately $7,291,000. Orion Portfolio Solutions LLC raised its stake in KB Financial Group by 18.6% during the 3rd quarter. Orion Portfolio Solutions LLC now owns 8,152 shares of the bank’s stock valued at $503,000 after acquiring an additional 1,280 shares in the last quarter. Finally, XTX Topco Ltd acquired a new position in KB Financial Group during the 3rd quarter worth $527,000. 11.52% of the stock is currently owned by institutional investors.

KB Financial Group Trading Down 0.2 %

Shares of KB Financial Group stock opened at $59.08 on Monday. The business has a fifty day simple moving average of $65.67 and a 200-day simple moving average of $62.83. KB Financial Group Inc. has a fifty-two week low of $36.57 and a fifty-two week high of $72.89. The firm has a market cap of $23.25 billion, a price-to-earnings ratio of 6.89, a price-to-earnings-growth ratio of 0.53 and a beta of 0.96. The company has a quick ratio of 1.66, a current ratio of 1.66 and a debt-to-equity ratio of 2.29.

Analysts Set New Price Targets

KB has been the subject of a number of recent analyst reports. StockNews.com upgraded shares of KB Financial Group from a “hold” rating to a “buy” rating in a research report on Tuesday, October 29th. Morgan Stanley upgraded shares of KB Financial Group from an “equal weight” rating to an “overweight” rating in a research note on Thursday, December 12th.

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.