KB Financial Group Inc. (NYSE:KB) Shares Acquired by Vise Technologies Inc.

Vise Technologies Inc. lifted its holdings in shares of KB Financial Group Inc. (NYSE:KB) by 253.1% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 21,208 shares of the bank’s stock after acquiring an additional 15,202 shares during the period. Vise Technologies Inc.’s holdings in KB Financial Group were worth $1,207,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Silvercrest Asset Management Group LLC acquired a new stake in shares of KB Financial Group during the 4th quarter worth about $5,489,000. Quantinno Capital Management LP raised its position in shares of KB Financial Group by 12.9% during the 4th quarter. Quantinno Capital Management LP now owns 23,367 shares of the bank’s stock worth $1,330,000 after acquiring an additional 2,670 shares in the last quarter. Nomura Holdings Inc. acquired a new stake in shares of KB Financial Group during the 4th quarter worth about $313,000. Ethic Inc. raised its position in shares of KB Financial Group by 2.3% during the 4th quarter. Ethic Inc. now owns 61,645 shares of the bank’s stock worth $3,508,000 after acquiring an additional 1,390 shares in the last quarter. Finally, D. E. Shaw & Co. Inc. raised its position in shares of KB Financial Group by 40.1% during the 4th quarter. D. E. Shaw & Co. Inc. now owns 18,949 shares of the bank’s stock worth $1,078,000 after acquiring an additional 5,427 shares in the last quarter. Institutional investors and hedge funds own 11.52% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded KB Financial Group from a “hold” rating to a “buy” rating in a research note on Wednesday.

KB Financial Group Trading Up 3.1%

NYSE:KB opened at $71.92 on Friday. The stock’s 50 day moving average price is $59.29 and its 200 day moving average price is $60.00. The company has a market capitalization of $28.30 billion, a PE ratio of 8.38, a P/E/G ratio of 0.52 and a beta of 0.98. The company has a quick ratio of 1.66, a current ratio of 1.66 and a debt-to-equity ratio of 2.29. KB Financial Group Inc. has a 52-week low of $46.38 and a 52-week high of $72.89.

KB Financial Group (NYSE:KB) last released its quarterly earnings results on Thursday, April 24th. The bank reported $3.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.04 by ($0.02). The firm had revenue of $3.27 billion for the quarter, compared to analysts’ expectations of $4.45 billion. KB Financial Group had a return on equity of 7.71% and a net margin of 12.33%. On average, research analysts anticipate that KB Financial Group Inc. will post 8.87 EPS for the current year.

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.