D Orazio & Associates Inc. Makes New Investment in KB Financial Group Inc. (NYSE:KB)

D Orazio & Associates Inc. acquired a new stake in KB Financial Group Inc. (NYSE:KB) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 730 shares of the bank’s stock, valued at approximately $34,000.

Several other institutional investors have also recently made changes to their positions in KB. Marshall Wace LLP purchased a new stake in shares of KB Financial Group during the first quarter valued at $34,000. Arkadios Wealth Advisors increased its position in KB Financial Group by 72.0% in the 3rd quarter. Arkadios Wealth Advisors now owns 884 shares of the bank’s stock worth $41,000 after purchasing an additional 370 shares during the last quarter. Huntington National Bank increased its position in KB Financial Group by 74.3% in the 3rd quarter. Huntington National Bank now owns 917 shares of the bank’s stock worth $43,000 after purchasing an additional 391 shares during the last quarter. FORA Capital LLC bought a new stake in shares of KB Financial Group during the 2nd quarter worth about $121,000. Finally, Knights of Columbus Asset Advisors LLC bought a new stake in shares of KB Financial Group during the 2nd quarter worth about $185,000. Institutional investors and hedge funds own 5.15% of the company’s stock.

KB opened at $52.73 on Friday. The stock has a 50-day moving average of $47.91 and a 200-day moving average of $46.64. KB Financial Group Inc. has a 52-week low of $36.26 and a 52-week high of $53.67. The company has a market cap of $21.93 billion, a PE ratio of 5.49 and a beta of 0.84. The company has a debt-to-equity ratio of 2.51, a quick ratio of 1.68 and a current ratio of 1.68.

KB Financial Group (NYSE:KB) last announced its quarterly earnings data on Thursday, October 21st. The bank reported $2.77 EPS for the quarter. KB Financial Group had a return on equity of 9.70% and a net margin of 23.00%. The company had revenue of $3.36 billion during the quarter.

About KB Financial Group

KB Financial Group, Inc engages in providing financial services through its subsidiaries. It operates through the following segments: Corporate Banking, Retail Banking, Other Banking Services, Credit Card, Life Insurance, Investment and Securities business. The Corporate Banking business segment provides services such as loans, overdrafts, deposits, credit facilities and other foreign currency activities.

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Institutional Ownership by Quarter for KB Financial Group (NYSE:KB)

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