KB Financial Group Inc. (NYSE:KB) Shares Purchased by QRG Capital Management Inc.

QRG Capital Management Inc. boosted its holdings in shares of KB Financial Group Inc. (NYSE:KB) by 2.4% in the fourth quarter, HoldingsChannel.com reports. The fund owned 12,269 shares of the bank’s stock after buying an additional 284 shares during the quarter. QRG Capital Management Inc.’s holdings in KB Financial Group were worth $698,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Connor Clark & Lunn Investment Management Ltd. increased its stake in shares of KB Financial Group by 23.0% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 779,499 shares of the bank’s stock worth $48,134,000 after purchasing an additional 145,861 shares in the last quarter. Public Employees Retirement System of Ohio purchased a new position in KB Financial Group during the third quarter worth $7,291,000. B. Metzler seel. Sohn & Co. Holding AG purchased a new position in KB Financial Group during the third quarter worth $3,516,000. Teachers Retirement System of The State of Kentucky raised its holdings in shares of KB Financial Group by 15.2% in the third quarter. Teachers Retirement System of The State of Kentucky now owns 426,430 shares of the bank’s stock worth $26,332,000 after acquiring an additional 56,400 shares during the last quarter. Finally, Yousif Capital Management LLC lifted its position in shares of KB Financial Group by 576.3% in the fourth quarter. Yousif Capital Management LLC now owns 41,191 shares of the bank’s stock valued at $2,344,000 after acquiring an additional 35,100 shares in the last quarter. Hedge funds and other institutional investors own 11.52% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently commented on KB shares. Morgan Stanley upgraded KB Financial Group from an “equal weight” rating to an “overweight” rating in a research report on Thursday, December 12th. StockNews.com upgraded shares of KB Financial Group from a “hold” rating to a “buy” rating in a report on Tuesday, February 11th.

KB Financial Group Trading Down 1.4 %

Shares of KB opened at $53.38 on Wednesday. KB Financial Group Inc. has a fifty-two week low of $45.59 and a fifty-two week high of $72.89. The company has a market capitalization of $21.01 billion, a PE ratio of 6.22, a price-to-earnings-growth ratio of 0.52 and a beta of 0.99. The stock has a fifty day moving average of $58.88 and a two-hundred day moving average of $62.52. The company has a debt-to-equity ratio of 2.29, a quick ratio of 1.66 and a current ratio of 1.66.

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.