Blue Trust Inc. Purchases 8,625 Shares of KB Financial Group Inc. (NYSE:KB)

Blue Trust Inc. lifted its position in KB Financial Group Inc. (NYSE:KB) by 30.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 36,868 shares of the bank’s stock after buying an additional 8,625 shares during the period. Blue Trust Inc.’s holdings in KB Financial Group were worth $2,277,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. BOCHK Asset Management Ltd acquired a new position in KB Financial Group in the third quarter valued at about $25,000. Wilmington Savings Fund Society FSB bought a new position in shares of KB Financial Group during the 3rd quarter valued at about $35,000. Venturi Wealth Management LLC grew its position in shares of KB Financial Group by 2,427.9% in the 3rd quarter. Venturi Wealth Management LLC now owns 1,087 shares of the bank’s stock valued at $67,000 after purchasing an additional 1,044 shares during the period. GAMMA Investing LLC increased its stake in KB Financial Group by 36.9% during the 3rd quarter. GAMMA Investing LLC now owns 1,279 shares of the bank’s stock worth $79,000 after purchasing an additional 345 shares in the last quarter. Finally, CWM LLC raised its holdings in KB Financial Group by 5.7% during the 3rd quarter. CWM LLC now owns 2,851 shares of the bank’s stock worth $176,000 after buying an additional 155 shares during the period. Institutional investors own 11.52% of the company’s stock.

KB Financial Group Stock Down 0.6 %

NYSE:KB opened at $61.74 on Tuesday. The stock has a 50-day simple moving average of $61.89 and a 200 day simple moving average of $63.13. KB Financial Group Inc. has a 52-week low of $40.86 and a 52-week high of $72.89. The company has a market cap of $24.29 billion, a PE ratio of 7.20, a PEG ratio of 0.47 and a beta of 0.99. The company has a debt-to-equity ratio of 2.29, a quick ratio of 1.66 and a current ratio of 1.66.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on KB shares. StockNews.com upgraded shares of KB Financial Group from a “hold” rating to a “buy” rating in a report on Tuesday, October 29th. Morgan Stanley raised shares of KB Financial Group from an “equal weight” rating to an “overweight” rating in a research note on Thursday, December 12th.

KB Financial Group Company 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.