KB Financial Group Inc. (NYSE:KB) Shares Bought by Cwm LLC

Cwm LLC grew its position in KB Financial Group Inc. (NYSE:KB) by 5.7% during the third quarter, Holdings Channel reports. The firm owned 2,851 shares of the bank’s stock after acquiring an additional 155 shares during the period. Cwm LLC’s holdings in KB Financial Group were worth $176,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of KB. American Century Companies Inc. boosted its holdings in KB Financial Group by 7.1% during the second quarter. American Century Companies Inc. now owns 511,542 shares of the bank’s stock worth $28,958,000 after buying an additional 33,900 shares in the last quarter. Teachers Retirement System of The State of Kentucky lifted its position in KB Financial Group by 20.9% during the first quarter. Teachers Retirement System of The State of Kentucky now owns 370,030 shares of the bank’s stock worth $19,267,000 after buying an additional 64,000 shares in the last quarter. Acadian Asset Management LLC boosted its position in shares of KB Financial Group by 3.9% during the 2nd quarter. Acadian Asset Management LLC now owns 267,625 shares of the bank’s stock valued at $15,146,000 after acquiring an additional 10,014 shares during the last quarter. Capital International Investors increased its holdings in shares of KB Financial Group by 8.2% during the 1st quarter. Capital International Investors now owns 254,968 shares of the bank’s stock worth $13,276,000 after buying an additional 19,260 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its position in KB Financial Group by 4.9% in the second quarter. Envestnet Asset Management Inc. now owns 165,691 shares of the bank’s stock valued at $9,380,000 after purchasing an additional 7,809 shares during the period. 11.52% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, StockNews.com lowered KB Financial Group from a “buy” rating to a “hold” rating in a research report on Saturday, October 12th.

KB Financial Group Stock Down 0.5 %

Shares of NYSE KB opened at $67.57 on Thursday. The stock has a market cap of $27.27 billion, a P/E ratio of 8.44, a PEG ratio of 0.45 and a beta of 0.98. The business’s fifty day simple moving average is $64.07 and its 200-day simple moving average is $59.48. KB Financial Group Inc. has a 12-month low of $36.57 and a 12-month high of $70.70. The company has a current ratio of 1.67, a quick ratio of 1.67 and a debt-to-equity ratio of 2.33.

KB Financial Group (NYSE:KB) last posted its quarterly earnings results on Wednesday, August 14th. The bank reported $3.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.70 by $0.36. KB Financial Group had a return on equity of 7.29% and a net margin of 12.13%. The company had revenue of $3.18 billion for the quarter. As a group, equities analysts predict that KB Financial Group Inc. will post 9.4 EPS for the current fiscal year.

KB Financial Group 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.