Woori Bank $WF Shares Acquired by Assetmark Inc.

Assetmark Inc. increased its stake in Woori Bank (NYSE:WF) by 109.0% during the 3rd quarter, Holdings Channel reports. The fund owned 35,898 shares of the bank’s stock after purchasing an additional 18,726 shares during the quarter. Assetmark Inc.’s holdings in Woori Bank were worth $2,016,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Creative Planning increased its holdings in Woori Bank by 25.8% during the 2nd quarter. Creative Planning now owns 261,811 shares of the bank’s stock worth $13,020,000 after purchasing an additional 53,743 shares during the period. Acadian Asset Management LLC raised its holdings in Woori Bank by 0.8% in the second quarter. Acadian Asset Management LLC now owns 128,924 shares of the bank’s stock valued at $6,407,000 after acquiring an additional 1,083 shares in the last quarter. Vident Advisory LLC lifted its stake in Woori Bank by 2.1% in the second quarter. Vident Advisory LLC now owns 117,759 shares of the bank’s stock worth $5,856,000 after acquiring an additional 2,394 shares during the last quarter. Ethic Inc. grew its holdings in Woori Bank by 8.9% during the 3rd quarter. Ethic Inc. now owns 114,310 shares of the bank’s stock worth $6,418,000 after acquiring an additional 9,298 shares in the last quarter. Finally, Vanguard Personalized Indexing Management LLC increased its position in shares of Woori Bank by 7.7% in the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 108,481 shares of the bank’s stock valued at $6,091,000 after purchasing an additional 7,777 shares during the last quarter. 3.41% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms recently commented on WF. Wall Street Zen raised Woori Bank from a “hold” rating to a “buy” rating in a report on Saturday, February 14th. Weiss Ratings reissued a “buy (b)” rating on shares of Woori Bank in a research report on Monday, December 29th. Finally, Zacks Research raised Woori Bank from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 11th. One research analyst has rated the stock with a Strong Buy rating and one has issued a Buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Strong Buy”.

Woori Bank Stock Down 0.5%

Shares of NYSE WF opened at $79.62 on Thursday. The business has a 50-day moving average price of $62.57 and a 200 day moving average price of $57.65. The stock has a market cap of $19.48 billion, a PE ratio of 8.91, a price-to-earnings-growth ratio of 0.84 and a beta of 1.14. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 0.78. Woori Bank has a 52-week low of $29.44 and a 52-week high of $81.89.

Woori Bank Profile

Woori Bank Co, Ltd. (NYSE: WF) is a South Korean commercial bank and the principal banking unit of Woori Financial Group. Established in 2001 through the merger of Hanvit Bank and Peace Bank, the institution traces its roots to earlier banking entities that date back to the late 19th and mid-20th centuries. Headquartered in Seoul, Woori Bank operates under a universal banking model, serving both individual customers and corporate clients with a comprehensive suite of financial products and services.

The bank’s core operations encompass retail banking, corporate and investment banking, treasury services, and wealth management.