Boston Partners Acquires 2,544 Shares of KB Financial Group Inc. (NYSE:KB)

Boston Partners increased its holdings in KB Financial Group Inc. (NYSE:KB) by 2.7% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 95,451 shares of the bank’s stock after buying an additional 2,544 shares during the period. Boston Partners’ holdings in KB Financial Group were worth $5,450,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of KB. Caprock Group LLC raised its holdings in KB Financial Group by 2.7% in the third quarter. Caprock Group LLC now owns 18,078 shares of the bank’s stock worth $1,116,000 after purchasing an additional 470 shares in the last quarter. Cerity Partners LLC raised its stake in shares of KB Financial Group by 69.6% during the 3rd quarter. Cerity Partners LLC now owns 34,134 shares of the bank’s stock worth $2,108,000 after acquiring an additional 14,008 shares in the last quarter. FMR LLC lifted its position in KB Financial Group by 121.6% during the third quarter. FMR LLC now owns 33,642 shares of the bank’s stock valued at $2,077,000 after acquiring an additional 18,459 shares during the last quarter. Quantbot Technologies LP lifted its position in KB Financial Group by 27.0% during the third quarter. Quantbot Technologies LP now owns 5,086 shares of the bank’s stock valued at $314,000 after acquiring an additional 1,082 shares during the last quarter. Finally, BNP Paribas Financial Markets boosted its stake in KB Financial Group by 23.4% in the third quarter. BNP Paribas Financial Markets now owns 12,319 shares of the bank’s stock valued at $761,000 after acquiring an additional 2,337 shares in the last quarter. Hedge funds and other institutional investors own 11.52% of the company’s stock.

KB Financial Group Stock Down 0.5 %

KB stock 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 52 week low of $45.59 and a 52 week high of $72.89. The stock has a market capitalization of $21.88 billion, a PE ratio of 6.48, a price-to-earnings-growth ratio of 0.52 and a beta of 0.99. The firm has a 50 day moving average of $58.02 and a 200 day moving average of $61.57.

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 firm had revenue of $2.94 billion for the quarter. KB Financial Group had a net margin of 12.33% and a return on equity of 7.71%. Sell-side analysts forecast that KB Financial Group Inc. will post 8.87 earnings per share for the current year.

Analysts Set New Price Targets

Several analysts have recently commented on KB shares. StockNews.com lowered KB Financial Group from a “buy” rating to a “hold” rating in a report on Friday. Morgan Stanley upgraded KB Financial Group from an “equal weight” rating to an “overweight” rating in a research note on Thursday, December 12th.

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.