Elevation Point Wealth Partners LLC Purchases Shares of 2,464 KB Financial Group Inc $KB

Elevation Point Wealth Partners LLC acquired a new position in shares of KB Financial Group Inc (NYSE:KB) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 2,464 shares of the bank’s stock, valued at approximately $204,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. First Horizon Advisors Inc. acquired a new position in shares of KB Financial Group in the 2nd quarter worth approximately $25,000. Parkside Financial Bank & Trust lifted its stake in shares of KB Financial Group by 585.7% during the second quarter. Parkside Financial Bank & Trust now owns 336 shares of the bank’s stock valued at $28,000 after acquiring an additional 287 shares during the period. Hantz Financial Services Inc. boosted its stake in shares of KB Financial Group by 817.9% in the 2nd quarter. Hantz Financial Services Inc. now owns 771 shares of the bank’s stock valued at $64,000 after purchasing an additional 687 shares during the last quarter. GAMMA Investing LLC boosted its stake in KB Financial Group by 105.6% in the second quarter. GAMMA Investing LLC now owns 1,836 shares of the bank’s stock valued at $152,000 after acquiring an additional 943 shares during the last quarter. Finally, Farther Finance Advisors LLC boosted its position in shares of KB Financial Group by 215.2% in the 2nd quarter. Farther Finance Advisors LLC now owns 2,134 shares of the bank’s stock worth $176,000 after purchasing an additional 1,457 shares during the last quarter. Institutional investors and hedge funds own 11.52% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently issued reports on the stock. Wall Street Zen cut shares of KB Financial Group from a “buy” rating to a “hold” rating in a report on Sunday, August 10th. Weiss Ratings reiterated a “buy (b-)” rating on shares of KB Financial Group in a report on Monday, November 24th. Two research analysts have rated the stock with a Buy rating, According to MarketBeat, the company has an average rating of “Buy”.

KB Financial Group Price Performance

NYSE:KB opened at $85.09 on Monday. The stock’s 50 day moving average price is $83.09 and its two-hundred day moving average price is $81.05. KB Financial Group Inc has a 12-month low of $46.38 and a 12-month high of $92.39. The firm has a market capitalization of $32.46 billion, a price-to-earnings ratio of 8.17, a P/E/G ratio of 0.65 and a beta of 1.14. The company has a quick ratio of 1.67, a current ratio of 1.67 and a debt-to-equity ratio of 2.36.

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.