V Square Quantitative Management LLC Has $1.25 Million Stake in KB Financial Group Inc. (NYSE:KB)

V Square Quantitative Management LLC reduced its holdings in KB Financial Group Inc. (NYSE:KB) by 18.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 21,940 shares of the bank’s stock after selling 4,901 shares during the period. V Square Quantitative Management LLC’s holdings in KB Financial Group were worth $1,253,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of KB. Adero Partners LLC lifted its stake in shares of KB Financial Group by 8.7% in the 4th quarter. Adero Partners LLC now owns 5,539 shares of the bank’s stock valued at $315,000 after purchasing an additional 442 shares during the period. Yousif Capital Management LLC increased its holdings in 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 purchasing an additional 35,100 shares during the last quarter. Optas LLC acquired a new position in KB Financial Group in the fourth quarter valued at about $261,000. Blue Trust Inc. boosted its holdings in KB Financial Group by 30.5% during the fourth quarter. Blue Trust Inc. now owns 36,868 shares of the bank’s stock worth $2,277,000 after buying an additional 8,625 shares during the last quarter. Finally, SG Americas Securities LLC acquired a new position in shares of KB Financial Group during the 4th quarter worth about $856,000. 11.52% of the stock is owned by institutional investors.

Analyst Ratings Changes

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

KB Financial Group Stock Performance

Shares of KB Financial Group stock opened at $56.20 on Friday. The stock’s fifty day simple moving average is $59.78 and its 200 day simple moving average is $63.05. 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 market capitalization of $22.12 billion, a PE ratio of 6.55, a PEG ratio of 0.46 and a beta of 0.99. KB Financial Group Inc. has a 12 month low of $45.59 and a 12 month high of $72.89.

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.