Greenleaf Trust cut its stake in shares of KB Financial Group, Inc. (NYSE:KB) by 27.8% during the 4th quarter, Holdings Channel reports. The firm owned 15,476 shares of the bank’s stock after selling 5,961 shares during the period. Greenleaf Trust’s holdings in KB Financial Group were worth $650,000 at the end of the most recent reporting period.
Other institutional investors also recently made changes to their positions in the company. Stelac Advisory Services LLC bought a new stake in shares of KB Financial Group during the 3rd quarter valued at approximately $105,000. Quantamental Technologies LLC bought a new stake in shares of KB Financial Group during the 4th quarter valued at approximately $122,000. Financial Gravity Companies Inc. bought a new stake in shares of KB Financial Group during the 4th quarter valued at approximately $145,000. Rehmann Capital Advisory Group grew its holdings in shares of KB Financial Group by 20.4% during the 3rd quarter. Rehmann Capital Advisory Group now owns 3,643 shares of the bank’s stock valued at $176,000 after purchasing an additional 617 shares during the last quarter. Finally, Stevens Capital Management LP bought a new stake in shares of KB Financial Group during the 4th quarter valued at approximately $321,000. 5.98% of the stock is currently owned by institutional investors.
KB opened at $39.68 on Friday. KB Financial Group, Inc. has a fifty-two week low of $39.22 and a fifty-two week high of $60.67. The company has a debt-to-equity ratio of 2.34, a quick ratio of 1.65 and a current ratio of 1.65. The company has a market cap of $16.04 billion, a price-to-earnings ratio of 5.17, a price-to-earnings-growth ratio of 1.24 and a beta of 0.89.
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About KB Financial Group
KB Financial Group Inc, a financial holding company, provides a range of banking and related financial services to consumers and corporations in South Korea and internationally. It operates through Corporate Banking, Retail Banking, Other Banking Services, Securities Business, Non-life Insurance Business, Credit Card Business, and Life Insurance Business segments.
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