Campbell & CO Investment Adviser LLC Makes New $666,000 Investment in KB Financial Group Inc $KB

Campbell & CO Investment Adviser LLC purchased a new stake in KB Financial Group Inc (NYSE:KB) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 8,033 shares of the bank’s stock, valued at approximately $666,000.

Other institutional investors also recently modified their holdings of the company. First Horizon Corp bought a new position in shares of KB Financial Group during the third quarter worth about $30,000. Deltec Asset Management LLC boosted its position in KB Financial Group by 2.9% during the 3rd quarter. Deltec Asset Management LLC now owns 17,500 shares of the bank’s stock worth $1,451,000 after acquiring an additional 500 shares during the last quarter. Park Avenue Securities LLC acquired a new position in KB Financial Group during the 3rd quarter worth approximately $209,000. Hennion & Walsh Asset Management Inc. grew its stake in shares of KB Financial Group by 4.3% during the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 11,329 shares of the bank’s stock worth $939,000 after acquiring an additional 463 shares in the last quarter. Finally, Signaturefd LLC raised its holdings in shares of KB Financial Group by 0.5% in the third quarter. Signaturefd LLC now owns 25,927 shares of the bank’s stock valued at $2,150,000 after purchasing an additional 133 shares during the last quarter. 11.52% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research analysts recently commented on the stock. Weiss Ratings restated a “buy (b)” rating on shares of KB Financial Group in a report on Monday, December 29th. Zacks Research cut shares of KB Financial Group from a “hold” rating to a “strong sell” rating in a research report on Thursday, December 18th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, KB Financial Group presently has an average rating of “Hold”.

KB Financial Group Price Performance

Shares of KB opened at $90.02 on Wednesday. The company has a current ratio of 1.65, a quick ratio of 1.65 and a debt-to-equity ratio of 2.38. The company’s fifty day simple moving average is $86.41 and its 200 day simple moving average is $83.56. KB Financial Group Inc has a 1-year low of $46.38 and a 1-year high of $92.39. The company has a market cap of $34.34 billion, a price-to-earnings ratio of 8.49, a PEG ratio of 0.67 and a beta of 1.12.

About KB Financial Group

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.