Lake Street Advisors Group LLC Acquires Shares of 4,727 KB Financial Group, Inc. (KB)

Lake Street Advisors Group LLC acquired a new stake in KB Financial Group, Inc. (NYSE:KB) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 4,727 shares of the bank’s stock, valued at approximately $277,000.

A number of other institutional investors have also recently made changes to their positions in KB. State Street Corp grew its stake in KB Financial Group by 7.2% in the second quarter. State Street Corp now owns 93,619 shares of the bank’s stock valued at $4,728,000 after acquiring an additional 6,288 shares during the period. BNP Paribas Arbitrage SA boosted its position in shares of KB Financial Group by 67.1% during the third quarter. BNP Paribas Arbitrage SA now owns 5,148 shares of the bank’s stock valued at $252,000 after buying an additional 2,068 shares during the last quarter. Sei Investments Co. boosted its position in shares of KB Financial Group by 819.7% during the third quarter. Sei Investments Co. now owns 9,307 shares of the bank’s stock valued at $456,000 after buying an additional 8,295 shares during the last quarter. Advisor Group Inc. boosted its position in shares of KB Financial Group by 22.2% during the third quarter. Advisor Group Inc. now owns 5,379 shares of the bank’s stock valued at $264,000 after buying an additional 978 shares during the last quarter. Finally, Russell Investments Group Ltd. boosted its position in shares of KB Financial Group by 122.5% during the third quarter. Russell Investments Group Ltd. now owns 126,239 shares of the bank’s stock valued at $6,190,000 after buying an additional 69,500 shares during the last quarter. 5.76% of the stock is owned by hedge funds and other institutional investors.

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Several research analysts recently issued reports on the company. Zacks Investment Research raised KB Financial Group from a “hold” rating to a “buy” rating and set a $66.00 target price on the stock in a research report on Tuesday, March 6th. TheStreet cut KB Financial Group from a “b-” rating to a “c” rating in a research report on Monday, November 27th.

KB Financial Group, Inc. (NYSE KB) opened at $57.69 on Friday. The stock has a market capitalization of $23,587.00, a P/E ratio of 8.96 and a beta of 1.28. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 2.17. KB Financial Group, Inc. has a 1 year low of $41.10 and a 1 year high of $63.96.

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KB Financial Group Company Profile

KB Financial Group Inc is a financial holding company in Korea. The Company’s operations include Kookmin Bank, a commercial bank in Korea. The Company operates through six business segments: retail banking operations, corporate banking operations, other banking operations, credit card operations, investment and securities operations, and life insurance operations.

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Institutional Ownership by Quarter for KB Financial Group (NYSE:KB)

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