GAMMA Investing LLC Raises Stake in Woori Financial Group Inc. (NYSE:WF)

GAMMA Investing LLC boosted its position in Woori Financial Group Inc. (NYSE:WF) by 61.1% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 2,739 shares of the bank’s stock after purchasing an additional 1,039 shares during the period. GAMMA Investing LLC’s holdings in Woori Financial Group were worth $98,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Acadian Asset Management LLC increased its holdings in shares of Woori Financial Group by 149.6% during the first quarter. Acadian Asset Management LLC now owns 53,018 shares of the bank’s stock valued at $1,719,000 after acquiring an additional 31,781 shares in the last quarter. Renaissance Technologies LLC lifted its holdings in Woori Financial Group by 108.9% in the 2nd quarter. Renaissance Technologies LLC now owns 63,300 shares of the bank’s stock worth $2,028,000 after purchasing an additional 33,000 shares in the last quarter. Natixis Advisors LLC lifted its holdings in Woori Financial Group by 28.0% in the 2nd quarter. Natixis Advisors LLC now owns 18,381 shares of the bank’s stock worth $589,000 after purchasing an additional 4,019 shares in the last quarter. Creative Planning increased its stake in Woori Financial Group by 15.0% in the 2nd quarter. Creative Planning now owns 120,380 shares of the bank’s stock worth $3,857,000 after acquiring an additional 15,741 shares during the last quarter. Finally, Summit Global Investments bought a new stake in Woori Financial Group in the 2nd quarter worth approximately $931,000. Hedge funds and other institutional investors own 17.79% of the company’s stock.

Woori Financial Group Stock Performance

NYSE WF opened at $37.04 on Tuesday. The business’s 50 day moving average price is $35.52 and its 200-day moving average price is $33.08. The company has a market cap of $9.17 billion, a P/E ratio of 4.75, a P/E/G ratio of 0.42 and a beta of 1.05. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.12 and a current ratio of 0.12. Woori Financial Group Inc. has a fifty-two week low of $26.16 and a fifty-two week high of $38.05.

Woori Financial Group (NYSE:WF) last issued its quarterly earnings data on Wednesday, August 14th. The bank reported $2.53 earnings per share for the quarter, topping analysts’ consensus estimates of $2.18 by $0.35. Woori Financial Group had a return on equity of 7.86% and a net margin of 11.48%. The firm had revenue of $2.06 billion during the quarter. Sell-side analysts predict 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.