Shinhan Financial Group Co., Ltd. (NYSE:SHG) Shares Purchased by V Square Quantitative Management LLC

V Square Quantitative Management LLC boosted its stake in Shinhan Financial Group Co., Ltd. (NYSE:SHG) by 29.9% in the 4th quarter, Holdings Channel reports. The firm owned 23,346 shares of the bank’s stock after buying an additional 5,373 shares during the quarter. V Square Quantitative Management LLC’s holdings in Shinhan Financial Group were worth $761,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. FSC Wealth Advisors LLC acquired a new stake in Shinhan Financial Group in the 3rd quarter valued at $76,000. R Squared Ltd acquired a new stake in Shinhan Financial Group in the 4th quarter valued at $76,000. Waldron Private Wealth LLC acquired a new stake in Shinhan Financial Group in the 3rd quarter valued at $126,000. Allspring Global Investments Holdings LLC increased its holdings in Shinhan Financial Group by 34.5% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 3,079 shares of the bank’s stock valued at $130,000 after purchasing an additional 789 shares in the last quarter. Finally, Verition Fund Management LLC acquired a new stake in Shinhan Financial Group in the 3rd quarter valued at $202,000. 7.76% of the stock is currently owned by institutional investors and hedge funds.

Shinhan Financial Group Stock Performance

NYSE:SHG opened at $33.84 on Friday. The company has a debt-to-equity ratio of 1.53, a current ratio of 1.04 and a quick ratio of 1.04. The firm has a 50-day moving average of $34.43 and a two-hundred day moving average of $38.85. The stock has a market cap of $17.04 billion, a P/E ratio of 5.31, a PEG ratio of 0.50 and a beta of 0.94. Shinhan Financial Group Co., Ltd. has a 1-year low of $29.25 and a 1-year high of $46.05.

Shinhan Financial Group Profile

Shinhan Financial Group Co, Ltd. provides financial products and services in South Korea and internationally. The company operates through six segments: Banking, Credit Card, Securities, Insurance, Credit, and Others. It offers retail banking services, including demand, savings, and fixed deposit-taking; checking accounts; mortgage and home equity, and retail lending; electronic banking and automatic teller machines (ATM); and bill paying, payroll and check-cashing, currency exchange, and wire fund transfer services.