KB Financial Group Inc $KB Position Boosted by Vise Technologies Inc.

Vise Technologies Inc. grew its holdings in shares of KB Financial Group Inc (NYSE:KB) by 18.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 54,852 shares of the bank’s stock after buying an additional 8,444 shares during the quarter. Vise Technologies Inc.’s holdings in KB Financial Group were worth $6,752,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of KB. Eastern Bank lifted its stake in KB Financial Group by 41.5% in the third quarter. Eastern Bank now owns 324 shares of the bank’s stock worth $40,000 after purchasing an additional 95 shares during the last quarter. V Square Quantitative Management LLC increased its position in shares of KB Financial Group by 90.0% during the first quarter. V Square Quantitative Management LLC now owns 496 shares of the bank’s stock worth $49,000 after acquiring an additional 235 shares during the period. First Horizon Corp increased its position in shares of KB Financial Group by 36.2% during the first quarter. First Horizon Corp now owns 489 shares of the bank’s stock worth $49,000 after acquiring an additional 130 shares during the period. Mather Group LLC. raised its stake in shares of KB Financial Group by 2,358.3% during the third quarter. Mather Group LLC. now owns 590 shares of the bank’s stock valued at $73,000 after acquiring an additional 566 shares in the last quarter. Finally, SG Americas Securities LLC bought a new stake in shares of KB Financial Group during the first quarter valued at approximately $108,000. 11.52% of the stock is currently owned by institutional investors.

KB Financial Group Price Performance

Shares of KB opened at $112.01 on Tuesday. The company has a 50 day moving average price of $123.00 and a 200-day moving average price of $111.41. KB Financial Group Inc has a fifty-two week low of $81.36 and a fifty-two week high of $133.29. The stock has a market capitalization of $39.73 billion, a PE ratio of 9.61, a PEG ratio of 0.61 and a beta of 1.05. The company has a debt-to-equity ratio of 2.53, a quick ratio of 1.64 and a current ratio of 1.64.

KB Financial Group (NYSE:KB) last issued its quarterly earnings data on Friday, August 14th. The bank reported $3.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.51 by $0.16. The company had revenue of $3.49 billion for the quarter, compared to analyst estimates of $3.45 billion. KB Financial Group had a net margin of 17.67% and a return on equity of 10.11%. Equities analysts predict that KB Financial Group Inc will post 13.98 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. Zacks Research upgraded KB Financial Group from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 21st. Weiss Ratings downgraded KB Financial Group from a “buy (b+)” rating to a “buy (b)” rating in a report on Monday, October 26th. One research analyst has rated the stock with a Strong Buy rating and two have given a Buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy”.

KB Financial Group Profile

KB Financial Group Inc is a South Korean financial holding company headquartered in Seoul. Established in 2008, the group operates through a broad network of financial subsidiaries led by KB Kookmin Bank, one of South Korea’s major commercial banks. Its American depositary shares trade on the New York Stock Exchange under the symbol “KB.”

KB Financial Group provides a wide range of financial products and services, including retail and commercial banking, corporate finance, credit cards, securities brokerage and investment banking, insurance, asset management, consumer finance, and savings banking.