Generali Investments CEE investicni spolecnost a.s. Reduces Stake in KB Financial Group Inc $KB

Generali Investments CEE investicni spolecnost a.s. reduced its stake in shares of KB Financial Group Inc (NYSE:KB) by 30.8% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 23,983 shares of the bank’s stock after selling 10,699 shares during the period. Generali Investments CEE investicni spolecnost a.s.’s holdings in KB Financial Group were worth $2,063,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Signaturefd LLC lifted its stake in KB Financial Group by 0.5% in the third quarter. Signaturefd LLC now owns 25,927 shares of the bank’s stock valued at $2,150,000 after purchasing an additional 133 shares during the last quarter. Ascent Group LLC increased its position in KB Financial Group by 4.3% in the third quarter. Ascent Group LLC now owns 3,401 shares of the bank’s stock worth $282,000 after buying an additional 140 shares during the last quarter. Laird Norton Wetherby Wealth Management LLC raised its stake in shares of KB Financial Group by 0.3% in the third quarter. Laird Norton Wetherby Wealth Management LLC now owns 56,094 shares of the bank’s stock valued at $4,651,000 after buying an additional 149 shares during the period. Huntington National Bank raised its stake in shares of KB Financial Group by 16.4% in the third quarter. Huntington National Bank now owns 1,138 shares of the bank’s stock valued at $94,000 after buying an additional 160 shares during the period. Finally, Focus Partners Advisor Solutions LLC lifted its position in shares of KB Financial Group by 6.1% during the 3rd quarter. Focus Partners Advisor Solutions LLC now owns 3,077 shares of the bank’s stock valued at $258,000 after buying an additional 178 shares during the last quarter. Hedge funds and other institutional investors own 11.52% of the company’s stock.

KB Financial Group Trading Down 0.1%

Shares of KB stock opened at $99.60 on Friday. The stock has a market capitalization of $37.14 billion, a price-to-earnings ratio of 9.33, a PEG ratio of 0.61 and a beta of 1.08. The company’s fifty day simple moving average is $103.39 and its two-hundred day simple moving average is $91.07. KB Financial Group Inc has a 1 year low of $46.38 and a 1 year high of $119.71. The company has a debt-to-equity ratio of 2.48, a current ratio of 1.64 and a quick ratio of 1.65.

KB Financial Group (NYSE:KB) last posted its quarterly earnings results on Saturday, January 31st. The bank reported $1.43 EPS for the quarter. KB Financial Group had a return on equity of 9.67% and a net margin of 17.16%. As a group, analysts anticipate that KB Financial Group Inc will post 8.87 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the company. Zacks Research upgraded KB Financial Group from a “strong sell” rating to a “hold” rating in a research note on Monday, February 2nd. Wall Street Zen raised shares of KB Financial Group from a “hold” rating to a “buy” rating in a report on Saturday, March 14th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of KB Financial Group in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

KB Financial Group Company Profile

KB Financial Group Inc is a South Korea-based financial holding company that offers a broad range of banking and financial services. Headquartered in Seoul and listed on the New York Stock Exchange under the ticker KB, the group operates through a set of specialized subsidiaries to provide integrated financial solutions for retail, corporate and institutional clients.

The company’s principal businesses include retail and corporate banking, securities and investment banking, insurance (life and non-life), asset management, credit card and consumer finance, and leasing.