KB Financial Group Inc (NYSE:KB) Short Interest Update

KB Financial Group Inc (NYSE:KB) was the recipient of a large decrease in short interest in the month of February. As of February 13th, there was short interest totaling 312,049 shares, a decrease of 17.3% from the January 29th total of 377,545 shares. Based on an average daily volume of 370,044 shares, the short-interest ratio is currently 0.8 days. Approximately 0.3% of the shares of the company are short sold. Approximately 0.3% of the shares of the company are short sold. Based on an average daily volume of 370,044 shares, the short-interest ratio is currently 0.8 days.

Analysts Set New Price Targets

Several equities analysts recently issued reports on KB shares. Weiss Ratings restated a “buy (b)” rating on shares of KB Financial Group in a research note on Monday, December 29th. Zacks Research raised KB Financial Group from a “strong sell” rating to a “hold” rating in a report on Monday, February 2nd. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, KB Financial Group currently has an average rating of “Moderate Buy”.

Institutional Trading of KB Financial Group

A number of large investors have recently bought and sold shares of KB. First Horizon Advisors Inc. acquired a new position in KB Financial Group during the second quarter worth $25,000. Parkside Financial Bank & Trust boosted its stake in shares of KB Financial Group by 585.7% in the 2nd quarter. Parkside Financial Bank & Trust now owns 336 shares of the bank’s stock valued at $28,000 after purchasing an additional 287 shares in the last quarter. First Horizon Corp bought a new stake in shares of KB Financial Group in the 3rd quarter worth about $30,000. Brown Brothers Harriman & Co. grew its holdings in shares of KB Financial Group by 131.6% in the 4th quarter. Brown Brothers Harriman & Co. now owns 403 shares of the bank’s stock worth $35,000 after purchasing an additional 229 shares during the last quarter. Finally, Kestra Advisory Services LLC acquired a new stake in shares of KB Financial Group during the 4th quarter worth about $39,000. 11.52% of the stock is currently owned by institutional investors.

KB Financial Group Price Performance

NYSE:KB traded down $8.69 during mid-day trading on Tuesday, hitting $100.93. The company’s stock had a trading volume of 36,038 shares, compared to its average volume of 221,355. KB Financial Group has a fifty-two week low of $46.38 and a fifty-two week high of $119.71. The company has a current ratio of 1.65, a quick ratio of 1.65 and a debt-to-equity ratio of 2.38. The company has a market capitalization of $37.63 billion, a price-to-earnings ratio of 9.53, a P/E/G ratio of 0.67 and a beta of 1.07. The stock has a fifty day moving average of $97.73 and a 200-day moving average of $88.14.

KB Financial Group (NYSE:KB) last released its quarterly earnings data on Saturday, January 31st. The bank reported $1.43 earnings per share for the quarter. KB Financial Group had a return on equity of 9.79% and a net margin of 16.96%. As a group, equities analysts forecast that KB Financial Group will post 8.87 EPS for the current fiscal year.

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.