Tucker Asset Management LLC Buys Shares of 1,645 KB Financial Group Inc. (NYSE:KB)

Tucker Asset Management LLC bought a new stake in KB Financial Group Inc. (NYSE:KBFree Report) during the 4th quarter, Holdings Channel reports. The fund bought 1,645 shares of the bank’s stock, valued at approximately $68,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Trinity Street Asset Management LLP raised its position in shares of KB Financial Group by 3.1% during the fourth quarter. Trinity Street Asset Management LLP now owns 2,151,024 shares of the bank’s stock worth $88,988,000 after purchasing an additional 65,402 shares during the period. Todd Asset Management LLC raised its position in shares of KB Financial Group by 13.0% during the fourth quarter. Todd Asset Management LLC now owns 591,498 shares of the bank’s stock worth $24,470,000 after purchasing an additional 67,857 shares during the period. Connor Clark & Lunn Investment Management Ltd. raised its position in shares of KB Financial Group by 8.4% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 403,021 shares of the bank’s stock worth $16,568,000 after purchasing an additional 31,281 shares during the period. American Century Companies Inc. grew its holdings 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. Finally, Teachers Retirement System of The State of Kentucky grew its holdings in shares of KB Financial Group by 12.2% during the fourth quarter. Teachers Retirement System of The State of Kentucky now owns 306,030 shares of the bank’s stock worth $12,660,000 after buying an additional 33,300 shares in the last quarter. Institutional investors and hedge funds own 11.52% of the company’s stock.

KB Financial Group Stock Down 0.2 %

Shares of NYSE:KB traded down $0.12 during mid-day trading on Friday, reaching $57.65. 197,881 shares of the stock were exchanged, compared to its average volume of 102,155. The company has a quick ratio of 1.65, a current ratio of 1.65 and a debt-to-equity ratio of 2.25. The company has a market cap of $23.26 billion, a P/E ratio of 7.20, a P/E/G ratio of 0.42 and a beta of 1.01. KB Financial Group Inc. has a one year low of $35.20 and a one year high of $60.14. The stock’s 50 day simple moving average is $54.39 and its 200-day simple moving average is $48.70.

KB Financial Group (NYSE:KBGet Free Report) last posted its quarterly earnings data on Thursday, May 16th. The bank reported $2.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.00 by $0.07. The business had revenue of $3.64 billion during the quarter. KB Financial Group had a return on equity of 6.97% and a net margin of 11.65%. As a group, equities research analysts predict that KB Financial Group Inc. will post 9.41 EPS for the current year.

Analyst Ratings Changes

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

Get Our Latest Stock Analysis on KB

KB Financial Group Profile

(Free Report)

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.

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Want to see what other hedge funds are holding KB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for KB Financial Group Inc. (NYSE:KBFree Report).

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

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