Cambridge Investment Research Advisors Inc. raised its holdings in shares of KB Financial Group Inc (NYSE:KB) by 19.3% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 51,562 shares of the bank’s stock after acquiring an additional 8,342 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in KB Financial Group were worth $2,528,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Goldman Sachs Group Inc. raised its holdings in KB Financial Group by 8.9% during the second quarter. Goldman Sachs Group Inc. now owns 145,489 shares of the bank’s stock valued at $7,346,000 after acquiring an additional 11,949 shares during the period. Bank of America Corp DE raised its holdings in KB Financial Group by 118.6% during the first quarter. Bank of America Corp DE now owns 203,355 shares of the bank’s stock valued at $8,941,000 after acquiring an additional 110,337 shares during the period. Todd Asset Management LLC bought a new stake in KB Financial Group during the second quarter valued at about $2,121,000. Mitsubishi UFJ Trust & Banking Corp raised its holdings in KB Financial Group by 93.7% during the second quarter. Mitsubishi UFJ Trust & Banking Corp now owns 12,200 shares of the bank’s stock valued at $616,000 after acquiring an additional 5,900 shares during the period. Finally, Arrowstreet Capital Limited Partnership raised its holdings in KB Financial Group by 49.6% during the second quarter. Arrowstreet Capital Limited Partnership now owns 357,279 shares of the bank’s stock valued at $18,039,000 after acquiring an additional 118,515 shares during the period. 5.72% of the stock is currently owned by institutional investors and hedge funds.

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KB Financial Group Inc (NYSE:KB) opened at $52.00 on Friday. The firm has a market capitalization of $21,741.82, a PE ratio of 8.07, a PEG ratio of 0.40 and a beta of 1.19. The company has a current ratio of 1.61, a quick ratio of 1.60 and a debt-to-equity ratio of 2.14. KB Financial Group Inc has a 12-month low of $34.36 and a 12-month high of $54.36.

A number of equities research analysts have commented on the company. BidaskClub raised KB Financial Group from a “hold” rating to a “buy” rating in a report on Monday, July 24th. Zacks Investment Research raised KB Financial Group from a “sell” rating to a “hold” rating and set a $60.00 price target on the stock in a report on Saturday, October 28th. Finally, J P Morgan Chase & Co initiated coverage on KB Financial Group in a report on Wednesday, August 9th. They set an “overweight” rating on the stock.

About KB Financial Group

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.

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

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