KB Financial Group Inc. (NYSE:KB) Stock Holdings Lowered by Vestmark Advisory Solutions Inc.

Vestmark Advisory Solutions Inc. lessened its stake in KB Financial Group Inc. (NYSE:KB) by 21.4% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,105 shares of the bank’s stock after selling 1,662 shares during the period. Vestmark Advisory Solutions Inc.’s holdings in KB Financial Group were worth $347,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Wilmington Savings Fund Society FSB bought a new position in KB Financial Group in the 3rd quarter valued at about $35,000. Venturi Wealth Management LLC grew its position in KB Financial Group by 2,427.9% in the 3rd quarter. Venturi Wealth Management LLC now owns 1,087 shares of the bank’s stock valued at $67,000 after buying an additional 1,044 shares in the last quarter. Hudson Edge Investment Partners Inc. boosted its position in shares of KB Financial Group by 5.1% during the 4th quarter. Hudson Edge Investment Partners Inc. now owns 3,472 shares of the bank’s stock valued at $198,000 after purchasing an additional 168 shares in the last quarter. Drive Wealth Management LLC bought a new position in shares of KB Financial Group during the 3rd quarter valued at about $219,000. Finally, Glenmede Trust Co. NA bought a new position in shares of KB Financial Group during the 3rd quarter valued at about $236,000. Institutional investors own 11.52% of the company’s stock.

KB Financial Group Stock Performance

NYSE:KB opened at $54.33 on Friday. KB Financial Group Inc. has a twelve month low of $45.59 and a twelve month high of $72.89. The company has a current ratio of 1.66, a quick ratio of 1.66 and a debt-to-equity ratio of 2.29. The company has a 50-day moving average of $58.63 and a 200-day moving average of $62.29. The firm has a market cap of $21.38 billion, a price-to-earnings ratio of 6.33, a price-to-earnings-growth ratio of 0.52 and a beta of 0.99.

KB Financial Group (NYSE:KB) last posted its quarterly earnings data 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 during the quarter. Analysts forecast that KB Financial Group Inc. will post 8.87 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

KB has been the subject of several research reports. StockNews.com lowered shares of KB Financial Group from a “buy” rating to a “hold” rating in a research report on Wednesday. Morgan Stanley upgraded shares of KB Financial Group from an “equal weight” rating to an “overweight” rating in a research report on Thursday, December 12th.

About KB Financial Group

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.