Vanguard Personalized Indexing Management LLC Has $4.22 Million Stock Holdings in KB Financial Group Inc $KB

Vanguard Personalized Indexing Management LLC lifted its position in shares of KB Financial Group Inc (NYSE:KB) by 18.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 51,141 shares of the bank’s stock after purchasing an additional 7,864 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in KB Financial Group were worth $4,224,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of KB. Wealth Enhancement Advisory Services LLC boosted its position in shares of KB Financial Group by 8.8% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 26,348 shares of the bank’s stock valued at $1,426,000 after acquiring an additional 2,135 shares in the last quarter. QRG Capital Management Inc. boosted its holdings in KB Financial Group by 9.2% during the first quarter. QRG Capital Management Inc. now owns 13,395 shares of the bank’s stock valued at $725,000 after purchasing an additional 1,126 shares in the last quarter. Deltec Asset Management LLC boosted its holdings in KB Financial Group by 7.4% during the first quarter. Deltec Asset Management LLC now owns 17,500 shares of the bank’s stock valued at $947,000 after purchasing an additional 1,200 shares in the last quarter. Perigon Wealth Management LLC acquired a new stake in KB Financial Group during the first quarter valued at approximately $214,000. Finally, PDS Planning Inc boosted its holdings in KB Financial Group by 3.5% during the first quarter. PDS Planning Inc now owns 8,024 shares of the bank’s stock valued at $434,000 after purchasing an additional 271 shares in the last quarter. Institutional investors and hedge funds own 11.52% of the company’s stock.

KB Financial Group Stock Performance

KB stock opened at $78.71 on Wednesday. KB Financial Group Inc has a twelve month low of $46.38 and a twelve month high of $92.39. The business’s fifty day moving average is $81.26 and its 200-day moving average is $74.85. The company has a quick ratio of 1.67, a current ratio of 1.67 and a debt-to-equity ratio of 2.36. The company has a market cap of $30.02 billion, a P/E ratio of 7.56, a price-to-earnings-growth ratio of 0.60 and a beta of 1.10.

KB Financial Group (NYSE:KB) last posted its earnings results on Thursday, August 14th. The bank reported $3.16 earnings per share for the quarter, topping the consensus estimate of $3.15 by $0.01. The company had revenue of $3.32 billion for the quarter, compared to analyst estimates of $3.20 billion. KB Financial Group had a net margin of 16.16% and a return on equity of 9.79%. Equities research analysts forecast that KB Financial Group Inc will post 8.87 EPS for the current year.

KB Financial Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, August 29th. Shareholders of record on Friday, August 8th were paid a $0.657 dividend. This represents a $2.63 annualized dividend and a yield of 3.3%. The ex-dividend date was Friday, August 8th. KB Financial Group’s payout ratio is presently 20.37%.

Analyst Ratings Changes

Several analysts recently commented on the company. Wall Street Zen lowered KB Financial Group from a “buy” rating to a “hold” rating in a research note on Sunday, August 10th. Weiss Ratings restated a “buy (b)” rating on shares of KB Financial Group in a research report on Wednesday, October 8th. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company presently has an average rating of “Buy”.

KB Financial Group Company 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.