DGS Capital Management LLC Decreases Holdings in KB Financial Group Inc. (NYSE:KB)

DGS Capital Management LLC lowered its stake in shares of KB Financial Group Inc. (NYSE:KB) by 1.4% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 22,680 shares of the bank’s stock after selling 331 shares during the quarter. DGS Capital Management LLC’s holdings in KB Financial Group were worth $1,290,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in KB. BOCHK Asset Management Ltd purchased a new stake in KB Financial Group during the third quarter valued at about $25,000. Wilmington Savings Fund Society FSB bought a new stake in KB Financial Group during the 3rd quarter valued at $35,000. Benjamin F. Edwards & Company Inc. boosted its holdings in shares of KB Financial Group by 66.1% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 779 shares of the bank’s stock worth $44,000 after acquiring an additional 310 shares during the period. Venturi Wealth Management LLC grew its position in shares of KB Financial Group by 2,427.9% in the third quarter. Venturi Wealth Management LLC now owns 1,087 shares of the bank’s stock valued at $67,000 after purchasing an additional 1,044 shares in the last quarter. Finally, GAMMA Investing LLC lifted its holdings in KB Financial Group by 36.9% during the 3rd quarter. GAMMA Investing LLC now owns 1,279 shares of the bank’s stock worth $79,000 after purchasing an additional 345 shares in the last quarter. Institutional investors own 11.52% of the company’s stock.

KB Financial Group Stock Up 0.1 %

Shares of NYSE:KB opened at $62.04 on Friday. The firm has a fifty day moving average of $61.89 and a 200 day moving average of $63.10. KB Financial Group Inc. has a 52-week low of $39.19 and a 52-week high of $72.89. The company has a debt-to-equity ratio of 2.29, a quick ratio of 1.66 and a current ratio of 1.66. The firm has a market capitalization of $24.41 billion, a PE ratio of 7.23, a price-to-earnings-growth ratio of 0.47 and a beta of 0.99.

Wall Street Analyst Weigh In

KB has been the topic of a number of recent analyst reports. StockNews.com raised shares of KB Financial Group from a “hold” rating to a “buy” rating in a report on Tuesday, October 29th. Morgan Stanley upgraded 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.