30,703 Shares in Shinhan Financial Group Co., Ltd. (NYSE:SHG) Acquired by AMG National Trust Bank

AMG National Trust Bank acquired a new position in Shinhan Financial Group Co., Ltd. (NYSE:SHG) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 30,703 shares of the bank’s stock, valued at approximately $1,009,000.

A number of other large investors also recently bought and sold shares of SHG. Wealth Enhancement Advisory Services LLC bought a new position in Shinhan Financial Group in the third quarter worth approximately $334,000. QRG Capital Management Inc. increased its position in shares of Shinhan Financial Group by 41.6% during the third quarter. QRG Capital Management Inc. now owns 21,480 shares of the bank’s stock worth $910,000 after purchasing an additional 6,307 shares in the last quarter. Assetmark Inc. increased its position in shares of Shinhan Financial Group by 1,535.4% during the third quarter. Assetmark Inc. now owns 23,124 shares of the bank’s stock worth $980,000 after purchasing an additional 21,710 shares in the last quarter. Oppenheimer Asset Management Inc. increased its position in shares of Shinhan Financial Group by 191.1% during the third quarter. Oppenheimer Asset Management Inc. now owns 21,032 shares of the bank’s stock worth $891,000 after purchasing an additional 13,808 shares in the last quarter. Finally, OneDigital Investment Advisors LLC increased its position in shares of Shinhan Financial Group by 14.5% during the third quarter. OneDigital Investment Advisors LLC now owns 10,767 shares of the bank’s stock worth $456,000 after purchasing an additional 1,366 shares in the last quarter. Institutional investors own 7.76% of the company’s stock.

Shinhan Financial Group Stock Performance

Shares of SHG stock opened at $31.68 on Friday. The business’s fifty day simple moving average is $33.91 and its 200-day simple moving average is $37.90. The company has a market cap of $15.95 billion, a PE ratio of 4.97, a PEG ratio of 0.44 and a beta of 0.89. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 1.53. Shinhan Financial Group Co., Ltd. has a 12-month low of $29.25 and a 12-month high of $46.05.

Shinhan Financial Group (NYSE:SHG) last issued its quarterly earnings results on Tuesday, March 4th. The bank reported $1.94 earnings per share (EPS) for the quarter. The business had revenue of $2.82 billion for the quarter. Shinhan Financial Group had a return on equity of 7.34% and a net margin of 12.21%. Analysts expect that Shinhan Financial Group Co., Ltd. will post 5.97 earnings per share for the current fiscal year.

Shinhan Financial Group Company 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.