Woori Financial Group (NYSE:WF) Sees Large Volume Increase

Woori Financial Group Inc. (NYSE:WF) saw strong trading volume on Wednesday . 40,659 shares traded hands during mid-day trading, a decline of 22% from the previous session’s volume of 52,369 shares.The stock last traded at $32.15 and had previously closed at $32.75.

Woori Financial Group Stock Performance

The company has a market capitalization of $7.86 billion, a P/E ratio of 4.47, a price-to-earnings-growth ratio of 0.40 and a beta of 1.07. The business has a 50 day moving average of $31.89 and a 200 day moving average of $31.82. The company has a quick ratio of 1.07, a current ratio of 1.08 and a debt-to-equity ratio of 0.89.

Woori Financial Group (NYSE:WF) last posted its earnings results on Thursday, May 16th. The bank reported $2.53 EPS for the quarter, beating analysts’ consensus estimates of $2.13 by $0.40. Woori Financial Group had a return on equity of 7.08% and a net margin of 10.48%. The firm had revenue of $1.81 billion during the quarter. On average, sell-side analysts predict that Woori Financial Group Inc. will post 8.14 earnings per share for the current year.

Institutional Trading of Woori Financial Group

A number of large investors have recently made changes to their positions in the business. Janiczek Wealth Management LLC raised its position in Woori Financial Group by 47.3% during the fourth quarter. Janiczek Wealth Management LLC now owns 1,077 shares of the bank’s stock valued at $33,000 after purchasing an additional 346 shares during the period. GAMMA Investing LLC bought a new position in Woori Financial Group during the fourth quarter valued at $34,000. CWM LLC increased its position in Woori Financial Group by 27.8% during the fourth quarter. CWM LLC now owns 3,507 shares of the bank’s stock valued at $106,000 after acquiring an additional 763 shares during the last quarter. Blue Trust Inc. raised its stake in shares of Woori Financial Group by 36.6% in the fourth quarter. Blue Trust Inc. now owns 3,751 shares of the bank’s stock valued at $113,000 after acquiring an additional 1,005 shares during the period. Finally, Lindbrook Capital LLC lifted its holdings in shares of Woori Financial Group by 14.0% in the 4th quarter. Lindbrook Capital LLC now owns 5,535 shares of the bank’s stock worth $167,000 after acquiring an additional 679 shares during the last quarter. 17.79% of the stock is currently owned by institutional investors.

About Woori Financial Group

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.