KB Financial Group Inc. (NYSE:KB) Stock Holdings Decreased by Knights of Columbus Asset Advisors LLC

Knights of Columbus Asset Advisors LLC lowered its stake in KB Financial Group Inc. (NYSE:KB) by 5.6% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 8,147 shares of the bank’s stock after selling 485 shares during the period. Knights of Columbus Asset Advisors LLC’s holdings in KB Financial Group were worth $464,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. SG Americas Securities LLC bought a new stake in shares of KB Financial Group in the 4th quarter worth about $856,000. FMR LLC increased its position in shares of KB Financial Group by 121.6% in the 3rd quarter. FMR LLC now owns 33,642 shares of the bank’s stock worth $2,077,000 after purchasing an additional 18,459 shares during the last quarter. Cerity Partners LLC increased its position in shares of KB Financial Group by 69.6% in the 3rd quarter. Cerity Partners LLC now owns 34,134 shares of the bank’s stock worth $2,108,000 after purchasing an additional 14,008 shares during the last quarter. Blue Trust Inc. increased its position in shares of KB Financial Group by 30.5% in the 4th quarter. Blue Trust Inc. now owns 36,868 shares of the bank’s stock worth $2,277,000 after purchasing an additional 8,625 shares during the last quarter. Finally, Stifel Financial Corp grew its position in shares of KB Financial Group by 1.5% during the 3rd quarter. Stifel Financial Corp now owns 21,371 shares of the bank’s stock valued at $1,320,000 after buying an additional 308 shares during the last quarter. Institutional investors own 11.52% of the company’s stock.

KB Financial Group Price Performance

Shares of NYSE:KB opened at $55.59 on Friday. The company has a quick ratio of 1.66, a current ratio of 1.66 and a debt-to-equity ratio of 2.29. KB Financial Group Inc. has a fifty-two week low of $45.59 and a fifty-two week high of $72.89. The firm has a 50-day simple moving average of $58.02 and a 200 day simple moving average of $61.56. The company has a market cap of $21.88 billion, a PE ratio of 6.48, a P/E/G ratio of 0.52 and a beta of 0.99.

KB Financial Group (NYSE:KB) last announced its quarterly earnings data on Wednesday, March 5th. The bank reported $1.21 earnings per share for the quarter. The business had revenue of $2.94 billion during the quarter. KB Financial Group had a net margin of 12.33% and a return on equity of 7.71%. On average, sell-side analysts anticipate that KB Financial Group Inc. will post 8.87 EPS for the current year.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on KB shares. StockNews.com downgraded shares of KB Financial Group from a “buy” rating to a “hold” rating in a research report on Friday. Morgan Stanley raised shares of KB Financial Group from an “equal weight” rating to an “overweight” rating in a research report on Thursday, December 12th.

KB Financial Group 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.