O Shaughnessy Asset Management LLC Grows Position in KB Financial Group Inc $KB

O Shaughnessy Asset Management LLC grew its stake in shares of KB Financial Group Inc (NYSE:KB) by 8.3% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 139,627 shares of the bank’s stock after buying an additional 10,662 shares during the period. O Shaughnessy Asset Management LLC’s holdings in KB Financial Group were worth $12,014,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of KB. AQR Capital Management LLC purchased a new position in KB Financial Group during the first quarter worth $300,000. Dynamic Technology Lab Private Ltd acquired a new stake in shares of KB Financial Group during the first quarter worth $259,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of KB Financial Group by 53.4% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 96,650 shares of the bank’s stock worth $5,230,000 after purchasing an additional 33,650 shares during the last quarter. Jane Street Group LLC boosted its holdings in shares of KB Financial Group by 64.3% during the first quarter. Jane Street Group LLC now owns 26,136 shares of the bank’s stock worth $1,414,000 after purchasing an additional 10,225 shares during the last quarter. Finally, Cetera Investment Advisers boosted its holdings in shares of KB Financial Group by 66.4% during the second quarter. Cetera Investment Advisers now owns 8,584 shares of the bank’s stock worth $709,000 after purchasing an additional 3,425 shares during the last quarter. Hedge funds and other institutional investors own 11.52% of the company’s stock.

KB Financial Group Price Performance

Shares of KB Financial Group stock opened at $102.21 on Wednesday. KB Financial Group Inc has a twelve month low of $76.31 and a twelve month high of $119.71. The stock has a market capitalization of $38.11 billion, a P/E ratio of 9.17, a PEG ratio of 0.61 and a beta of 1.01. The company has a current ratio of 1.64, a quick ratio of 1.64 and a debt-to-equity ratio of 2.47. The business’s fifty day moving average price is $105.43 and its 200 day moving average price is $99.01.

KB Financial Group (NYSE:KB) last released its quarterly earnings data on Tuesday, March 31st. The bank reported $2.16 EPS for the quarter. KB Financial Group had a return on equity of 9.99% and a net margin of 17.36%.The company had revenue of $3.49 billion for the quarter. As a group, research analysts anticipate that KB Financial Group Inc will post 11.93 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on KB shares. Wall Street Zen cut KB Financial Group from a “buy” rating to a “hold” rating in a report on Saturday, April 4th. Weiss Ratings restated a “buy (b)” rating on shares of KB Financial Group in a report on Friday, March 27th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, KB Financial Group currently has a consensus rating of “Moderate Buy”.

KB Financial Group 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.