Bleakley Financial Group LLC Sells 724 Shares of Shinhan Financial Group Co., Ltd. (NYSE:SHG)

Bleakley Financial Group LLC lessened its stake in shares of Shinhan Financial Group Co., Ltd. (NYSE:SHG) by 5.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,230 shares of the bank’s stock after selling 724 shares during the quarter. Bleakley Financial Group LLC’s holdings in Shinhan Financial Group were worth $402,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of SHG. FSC Wealth Advisors LLC bought a new stake in Shinhan Financial Group during the 3rd quarter valued at $76,000. R Squared Ltd purchased a new stake in shares of Shinhan Financial Group during the 4th quarter valued at $76,000. GAMMA Investing LLC lifted its holdings in shares of Shinhan Financial Group by 45.4% during the 3rd quarter. GAMMA Investing LLC now owns 1,988 shares of the bank’s stock valued at $84,000 after purchasing an additional 621 shares during the last quarter. Waldron Private Wealth LLC purchased a new stake in shares of Shinhan Financial Group during the 3rd quarter valued at $126,000. Finally, Allspring Global Investments Holdings LLC lifted its holdings in shares of Shinhan Financial Group by 34.5% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 3,079 shares of the bank’s stock valued at $130,000 after purchasing an additional 789 shares during the last quarter. Institutional investors own 7.76% of the company’s stock.

Shinhan Financial Group Stock Performance

Shares of SHG opened at $34.39 on Tuesday. Shinhan Financial Group Co., Ltd. has a 12 month low of $29.25 and a 12 month high of $46.05. The stock has a fifty day moving average price of $34.72 and a 200-day moving average price of $39.01. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 1.53. The firm has a market cap of $17.31 billion, a PE ratio of 5.40, a P/E/G ratio of 0.50 and a beta of 0.94.

Shinhan Financial Group Profile

Shinhan Financial Group Co, Ltd. provides financial products and services in South Korea and internationally. The company operates through six segments: Banking, Credit Card, Securities, Insurance, Credit, and Others. It offers retail banking services, including demand, savings, and fixed deposit-taking; checking accounts; mortgage and home equity, and retail lending; electronic banking and automatic teller machines (ATM); and bill paying, payroll and check-cashing, currency exchange, and wire fund transfer services.