12,151 Shares in KB Financial Group Inc $KB Purchased by Eurizon Capital SGR S.p.A.

Eurizon Capital SGR S.p.A. acquired a new position in shares of KB Financial Group Inc (NYSE:KB) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 12,151 shares of the bank’s stock, valued at approximately $1,049,000.

Several other large investors have also made changes to their positions in the business. Capital International Investors raised its holdings in KB Financial Group by 12.7% in the 3rd quarter. Capital International Investors now owns 757,168 shares of the bank’s stock valued at $62,735,000 after acquiring an additional 85,231 shares in the last quarter. Todd Asset Management LLC raised its holdings in KB Financial Group by 5.9% in the 3rd quarter. Todd Asset Management LLC now owns 560,017 shares of the bank’s stock valued at $46,432,000 after acquiring an additional 31,230 shares in the last quarter. Caprock Group LLC acquired a new position in KB Financial Group in the 3rd quarter valued at approximately $1,396,000. Advisors Preferred LLC acquired a new position in KB Financial Group in the 3rd quarter valued at approximately $391,000. Finally, Advisors Asset Management Inc. raised its holdings in KB Financial Group by 30.5% in the 3rd quarter. Advisors Asset Management Inc. now owns 19,305 shares of the bank’s stock valued at $1,601,000 after acquiring an additional 4,509 shares in the last quarter. Institutional investors and hedge funds own 11.52% of the company’s stock.

KB Financial Group Trading Down 0.2%

Shares of KB opened at $104.26 on Thursday. KB Financial Group Inc has a 1 year low of $76.31 and a 1 year high of $119.71. The company has a current ratio of 1.64, a quick ratio of 1.64 and a debt-to-equity ratio of 2.47. The stock has a 50 day simple moving average of $105.12 and a 200-day simple moving average of $98.48. The stock has a market cap of $38.87 billion, a PE ratio of 9.36, a PEG ratio of 0.64 and a beta of 1.01.

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

Wall Street Analyst Weigh In

KB has been the subject of several recent research reports. Wall Street Zen cut KB Financial Group from a “buy” rating to a “hold” rating in a report on Saturday, April 4th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of KB Financial Group in a report on Friday, March 27th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

KB Financial Group 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.