KB Financial Group Inc. (NYSE:KB) Shares Purchased by Todd Asset Management LLC

Todd Asset Management LLC increased its holdings in shares of KB Financial Group Inc. (NYSE:KB) by 13.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 591,498 shares of the bank’s stock after buying an additional 67,857 shares during the period. Todd Asset Management LLC owned about 0.15% of KB Financial Group worth $24,470,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the business. Trinity Street Asset Management LLP raised its stake in shares of KB Financial Group by 3.1% in the fourth quarter. Trinity Street Asset Management LLP now owns 2,151,024 shares of the bank’s stock valued at $88,988,000 after acquiring an additional 65,402 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. boosted its stake in shares of KB Financial Group by 8.4% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 403,021 shares of the bank’s stock valued at $16,568,000 after buying an additional 31,281 shares during the period. American Century Companies Inc. grew its position in shares of KB Financial Group by 9.5% during the third quarter. American Century Companies Inc. now owns 391,861 shares of the bank’s stock worth $16,109,000 after buying an additional 33,884 shares in the last quarter. Teachers Retirement System of The State of Kentucky increased its stake in shares of KB Financial Group by 27.0% during the third quarter. Teachers Retirement System of The State of Kentucky now owns 272,730 shares of the bank’s stock worth $11,212,000 after buying an additional 58,000 shares during the period. Finally, Ramirez Asset Management Inc. acquired a new stake in KB Financial Group in the third quarter valued at approximately $9,278,000. 11.52% of the stock is currently owned by institutional investors and hedge funds.

KB Financial Group Stock Up 2.7 %

NYSE:KB traded up $1.43 during trading hours on Friday, hitting $54.11. The company’s stock had a trading volume of 134,499 shares, compared to its average volume of 164,808. The stock has a market capitalization of $21.83 billion, a P/E ratio of 6.13, a price-to-earnings-growth ratio of 0.40 and a beta of 1.01. The company has a current ratio of 1.67, a quick ratio of 1.69 and a debt-to-equity ratio of 2.36. The stock has a fifty day moving average of $51.52 and a 200-day moving average of $45.14. KB Financial Group Inc. has a 52-week low of $35.20 and a 52-week high of $58.52.

KB Financial Group (NYSE:KB) last issued its earnings results on Wednesday, March 6th. The bank reported $0.43 earnings per share for the quarter, missing the consensus estimate of $0.64 by ($0.21). The business had revenue of $3.54 billion for the quarter. KB Financial Group had a return on equity of 7.72% and a net margin of 12.94%. On average, equities analysts forecast that KB Financial Group Inc. will post 9.32 earnings per share for the current year.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of KB Financial Group from a “hold” rating to a “buy” rating in a research report on Wednesday, March 13th.

KB Financial Group Profile

KB Financial Group Inc provides a range of banking and related financial services to consumers and corporations in South Korea, the United States, New Zealand, China, Cambodia, the United Kingdom, Indonesia, and internationally. The company operates through Retail Banking, Corporate Banking, Other Banking Services, Credit Card, Securities, Life Insurance, and Non-Life Insurance segments.