Dimensional Fund Advisors LP reduced its stake in Shinhan Financial Group Co. (NYSE:SHG) by 3.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,872,174 shares of the company’s stock after selling 103,293 shares during the period. Dimensional Fund Advisors LP owned approximately 0.61% of Shinhan Financial Group worth $94,032,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Franklin Resources Inc. increased its stake in Shinhan Financial Group by 3.6% in the first quarter. Franklin Resources Inc. now owns 111,242 shares of the company’s stock valued at $3,916,000 after buying an additional 3,873 shares during the last quarter. Orbis Allan Gray Ltd bought a new stake in Shinhan Financial Group during the first quarter valued at $3,329,000. JPMorgan Chase & Co. increased its stake in Shinhan Financial Group by 90.0% in the second quarter. JPMorgan Chase & Co. now owns 81,469 shares of the company’s stock valued at $2,667,000 after buying an additional 38,581 shares during the last quarter. UBS Group AG increased its stake in Shinhan Financial Group by 221.2% in the first quarter. UBS Group AG now owns 58,114 shares of the company’s stock valued at $2,046,000 after buying an additional 40,022 shares during the last quarter. Finally, State Street Corp increased its stake in Shinhan Financial Group by 26.4% in the first quarter. State Street Corp now owns 55,978 shares of the company’s stock valued at $1,971,000 after buying an additional 11,685 shares during the last quarter. Institutional investors own 2.17% of the company’s stock.

Shinhan Financial Group Co. (NYSE:SHG) traded down 0.11% during mid-day trading on Thursday, hitting $36.21. The company had a trading volume of 10,017 shares. Shinhan Financial Group Co. has a 1-year low of $29.08 and a 1-year high of $39.76. The firm has a market capitalization of $17.17 billion, a PE ratio of 7.91 and a beta of 1.41. The company has a 50 day moving average of $36.41 and a 200 day moving average of $34.87.

Shinhan Financial Group Company Profile

Shinhan Financial Group Co, Ltd. (SFG) is a financial holding company. The Company operates through five segments: commercial banking services, which are provided by Shinhan Bank Co, Ltd. (Shinhan Bank); credit card services, which are provided by Shinhan Card Co, Ltd. (Shinhan Card); securities brokerage services, which are provided by Shinhan Investment Corp.

5 Day Chart for NYSE:SHG

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