Natixis Advisors LLC Purchases 4,019 Shares of Woori Financial Group Inc. (NYSE:WF)

Natixis Advisors LLC lifted its position in Woori Financial Group Inc. (NYSE:WF) by 28.0% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 18,381 shares of the bank’s stock after purchasing an additional 4,019 shares during the quarter. Natixis Advisors LLC’s holdings in Woori Financial Group were worth $589,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in WF. Meritage Portfolio Management acquired a new stake in Woori Financial Group in the 1st quarter valued at about $3,075,000. Acadian Asset Management LLC increased its holdings in shares of Woori Financial Group by 149.6% in the first quarter. Acadian Asset Management LLC now owns 53,018 shares of the bank’s stock valued at $1,719,000 after purchasing an additional 31,781 shares in the last quarter. Summit Global Investments bought a new position in Woori Financial Group in the 2nd quarter worth approximately $931,000. DGS Capital Management LLC acquired a new position in Woori Financial Group during the 1st quarter worth $482,000. Finally, Natixis Advisors L.P. bought a new position in Woori Financial Group in the 4th quarter valued at $428,000. Institutional investors own 17.79% of the company’s stock.

Woori Financial Group Price Performance

Woori Financial Group stock opened at $34.38 on Friday. The business’s 50-day simple moving average is $34.26 and its 200 day simple moving average is $32.82. The company has a quick ratio of 0.12, a current ratio of 0.12 and a debt-to-equity ratio of 0.86. The stock has a market cap of $8.51 billion, a price-to-earnings ratio of 4.82, a P/E/G ratio of 0.42 and a beta of 1.05. Woori Financial Group Inc. has a 12-month low of $26.13 and a 12-month high of $38.05.

Woori Financial Group (NYSE:WF) last announced its earnings results on Wednesday, August 14th. The bank reported $2.53 EPS for the quarter, topping the consensus estimate of $2.18 by $0.35. Woori Financial Group had a net margin of 11.48% and a return on equity of 7.86%. The firm had revenue of $2.06 billion for the quarter. As a group, research analysts anticipate that Woori Financial Group Inc. will post 8.21 earnings per share for the current year.

Woori Financial Group Company 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.