KB Financial Group (NYSE:KB) Shares Gap Down – Time to Sell?

KB Financial Group Inc (NYSE:KB) shares gapped down prior to trading on Monday . The stock had previously closed at $107.91, but opened at $101.15. KB Financial Group shares last traded at $99.8450, with a volume of 64,383 shares trading hands.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on KB. Weiss Ratings reiterated a “buy (b)” rating on shares of KB Financial Group in a report on Friday, March 27th. Wall Street Zen lowered shares of KB Financial Group from a “buy” rating to a “hold” rating in a report on Saturday, April 4th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, KB Financial Group presently has a consensus rating of “Moderate Buy”.

KB Financial Group Price Performance

The company’s fifty day moving average is $105.36 and its 200 day moving average is $98.76. The company has a quick ratio of 1.64, a current ratio of 1.64 and a debt-to-equity ratio of 2.47. The stock has a market cap of $37.30 billion, a PE ratio of 8.98, a price-to-earnings-growth ratio of 0.66 and a beta of 1.01.

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

Institutional Trading of KB Financial Group

Several large investors have recently bought and sold shares of the company. Brown Brothers Harriman & Co. increased its stake in KB Financial Group by 131.6% during the 4th quarter. Brown Brothers Harriman & Co. now owns 403 shares of the bank’s stock worth $35,000 after buying an additional 229 shares during the period. Kestra Advisory Services LLC purchased a new stake in KB Financial Group during the 4th quarter worth $39,000. Bell Investment Advisors Inc increased its stake in KB Financial Group by 29.3% during the 1st quarter. Bell Investment Advisors Inc now owns 477 shares of the bank’s stock worth $48,000 after buying an additional 108 shares during the period. First Horizon Corp increased its stake in KB Financial Group by 36.2% during the 1st quarter. First Horizon Corp now owns 489 shares of the bank’s stock worth $49,000 after buying an additional 130 shares during the period. Finally, V Square Quantitative Management LLC increased its stake in KB Financial Group by 90.0% during the 1st quarter. V Square Quantitative Management LLC now owns 496 shares of the bank’s stock worth $49,000 after buying an additional 235 shares during the period. Institutional investors and hedge funds own 11.52% of the company’s stock.

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.