Signaturefd LLC Has $1.54 Million Holdings in KB Financial Group Inc. (NYSE:KB)

Signaturefd LLC lowered its position in shares of KB Financial Group Inc. (NYSE:KB) by 0.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 27,047 shares of the bank’s stock after selling 251 shares during the quarter. Signaturefd LLC’s holdings in KB Financial Group were worth $1,539,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Drive Wealth Management LLC acquired a new position in KB Financial Group in the 3rd quarter valued at approximately $219,000. Caprock Group LLC increased its stake in KB Financial Group by 2.7% in the 3rd quarter. Caprock Group LLC now owns 18,078 shares of the bank’s stock valued at $1,116,000 after buying an additional 470 shares during the period. B. Metzler seel. Sohn & Co. Holding AG acquired a new position in KB Financial Group in the 3rd quarter valued at approximately $3,516,000. Connor Clark & Lunn Investment Management Ltd. increased its stake in KB Financial Group by 23.0% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 779,499 shares of the bank’s stock valued at $48,134,000 after buying an additional 145,861 shares during the period. Finally, Cerity Partners LLC increased its stake in KB Financial Group by 69.6% in the 3rd quarter. Cerity Partners LLC now owns 34,134 shares of the bank’s stock valued at $2,108,000 after buying an additional 14,008 shares during the period. 11.52% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts have weighed in on KB shares. StockNews.com upgraded shares of KB Financial Group from a “hold” rating to a “buy” rating in a research note on Thursday, March 13th. Morgan Stanley upgraded shares of KB Financial Group from an “equal weight” rating to an “overweight” rating in a research note on Thursday, December 12th.

KB Financial Group Stock Performance

Shares of KB opened at $55.33 on Tuesday. The company’s fifty day moving average is $58.24 and its 200-day moving average is $61.79. KB Financial Group Inc. has a 12 month low of $45.59 and a 12 month high of $72.89. The firm has a market cap of $21.77 billion, a price-to-earnings ratio of 6.45, a price-to-earnings-growth ratio of 0.52 and a beta of 0.99. The company has a quick ratio of 1.66, a current ratio of 1.66 and a debt-to-equity ratio of 2.29.

KB Financial Group (NYSE:KB) last announced its quarterly earnings results on Wednesday, March 5th. The bank reported $1.21 EPS for the quarter. KB Financial Group had a net margin of 12.33% and a return on equity of 7.71%. The company had revenue of $2.94 billion for the quarter. Equities analysts expect that KB Financial Group Inc. will post 8.87 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.