Franklin Resources Inc. Takes $209,000 Position in Woori Financial Group Inc. (NYSE:WF)

Franklin Resources Inc. acquired a new position in shares of Woori Financial Group Inc. (NYSE:WF) during the 3rd quarter, Holdings Channel reports. The fund acquired 5,652 shares of the bank’s stock, valued at approximately $209,000.

A number of other institutional investors have also recently bought and sold shares of WF. Connor Clark & Lunn Investment Management Ltd. grew its stake in Woori Financial Group by 79.6% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 537,402 shares of the bank’s stock valued at $19,201,000 after acquiring an additional 238,131 shares during the period. Meritage Portfolio Management raised its position in shares of Woori Financial Group by 17.1% during the third quarter. Meritage Portfolio Management now owns 170,316 shares of the bank’s stock worth $6,085,000 after purchasing an additional 24,845 shares during the period. Creative Planning lifted its holdings in shares of Woori Financial Group by 29.4% during the 3rd quarter. Creative Planning now owns 155,822 shares of the bank’s stock valued at $5,568,000 after purchasing an additional 35,442 shares in the last quarter. Acadian Asset Management LLC grew its position in shares of Woori Financial Group by 78.3% in the 2nd quarter. Acadian Asset Management LLC now owns 94,538 shares of the bank’s stock valued at $3,026,000 after purchasing an additional 41,520 shares during the period. Finally, CWA Asset Management Group LLC bought a new stake in Woori Financial Group during the 3rd quarter worth approximately $3,046,000. Institutional investors and hedge funds own 3.41% of the company’s stock.

Woori Financial Group Stock Performance

Shares of WF stock opened at $31.09 on Friday. The company has a market capitalization of $7.70 billion, a P/E ratio of 4.04, a price-to-earnings-growth ratio of 0.34 and a beta of 1.07. Woori Financial Group Inc. has a 52 week low of $27.60 and a 52 week high of $38.05. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.09 and a current ratio of 1.09. The company’s 50 day moving average price is $33.82 and its two-hundred day moving average price is $34.21.

Woori Financial Group Profile

Woori Financial Group Inc, a financial holding company, operates as a commercial bank that provides a range of financial products and services to individuals, corporations, and small- and medium-sized enterprises in Korea. It operates through Banking, Credit Card, Capital, Investment Banking, and Others segments.