Eurizon Capital SGR S.p.A. Invests $1.05 Million in KB Financial Group Inc $KB

Eurizon Capital SGR S.p.A. bought a new position in KB Financial Group Inc (NYSE:KB) in the fourth quarter, HoldingsChannel.com reports. The fund bought 12,151 shares of the bank’s stock, valued at approximately $1,049,000.

A number of other hedge funds have also modified their holdings of the stock. Jones Financial Companies Lllp grew its position in KB Financial Group by 187.4% during the 3rd quarter. Jones Financial Companies Lllp now owns 500 shares of the bank’s stock worth $40,000 after acquiring an additional 326 shares during the last quarter. Leonteq Securities AG bought a new stake in KB Financial Group during the 4th quarter worth approximately $43,000. Triumph Capital Management bought a new stake in KB Financial Group during the 3rd quarter worth approximately $46,000. Smartleaf Asset Management LLC grew its position in KB Financial Group by 397.9% during the 3rd quarter. Smartleaf Asset Management LLC now owns 727 shares of the bank’s stock worth $60,000 after acquiring an additional 581 shares during the last quarter. Finally, CIBC Private Wealth Group LLC grew its position in KB Financial Group by 275.4% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 747 shares of the bank’s stock worth $62,000 after acquiring an additional 548 shares during the last quarter. 11.52% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

KB has been the topic of a number of research analyst reports. Wall Street Zen lowered KB Financial Group from a “buy” rating to a “hold” rating in a research report on Saturday, April 4th. Weiss Ratings restated a “buy (b)” rating on shares of KB Financial Group in a research report on Friday, March 27th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, KB Financial Group presently has an average rating of “Moderate Buy”.

KB Financial Group Stock Down 0.2%

NYSE KB opened at $104.26 on Thursday. The firm has a market cap of $38.87 billion, a PE ratio of 9.36, a price-to-earnings-growth ratio of 0.64 and a beta of 1.01. KB Financial Group Inc has a one year low of $76.31 and a one year high of $119.71. The stock’s 50 day simple moving average is $105.12 and its 200 day simple moving average is $98.48. The company has a debt-to-equity ratio of 2.47, a current ratio of 1.64 and a quick ratio of 1.64.

KB Financial Group (NYSE:KB) last announced its quarterly earnings data on Tuesday, March 31st. The bank reported $2.16 EPS for the quarter. The firm had revenue of $3.49 billion for the quarter. KB Financial Group had a return on equity of 9.99% and a net margin of 17.36%. As a group, sell-side analysts forecast that KB Financial Group Inc will post 11.93 earnings per share for the current fiscal year.

KB Financial Group Company Profile

KB Financial Group Inc is a South Korea-based financial holding company that offers a broad range of banking and financial services. Headquartered in Seoul and listed on the New York Stock Exchange under the ticker KB, the group operates through a set of specialized subsidiaries to provide integrated financial solutions for retail, corporate and institutional clients.

The company’s principal businesses include retail and corporate banking, securities and investment banking, insurance (life and non-life), asset management, credit card and consumer finance, and leasing.