Signaturefd LLC Has $1.54 Million Holdings in KB Financial Group Inc. (NYSE:KB)

Signaturefd LLC cut its position in KB Financial Group Inc. (NYSE:KB) by 0.9% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 27,047 shares of the bank’s stock after selling 251 shares during the quarter. Signaturefd LLC’s holdings in KB Financial Group were worth $1,539,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of KB. Connor Clark & Lunn Investment Management Ltd. grew its stake in KB Financial Group by 23.0% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 779,499 shares of the bank’s stock valued at $48,134,000 after buying an additional 145,861 shares during the last quarter. Raymond James Financial Inc. acquired a new position in KB Financial Group in the 4th quarter valued at $7,301,000. Public Employees Retirement System of Ohio acquired a new position in KB Financial Group in the 3rd quarter valued at $7,291,000. B. Metzler seel. Sohn & Co. Holding AG acquired a new position in KB Financial Group in the 3rd quarter valued at $3,516,000. Finally, Teachers Retirement System of The State of Kentucky grew its stake in KB Financial Group by 15.2% in the 3rd quarter. Teachers Retirement System of The State of Kentucky now owns 426,430 shares of the bank’s stock valued at $26,332,000 after buying an additional 56,400 shares during the last quarter. 11.52% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages have weighed in on KB. Morgan Stanley raised shares of KB Financial Group from an “equal weight” rating to an “overweight” rating in a report on Thursday, December 12th. StockNews.com raised shares of KB Financial Group from a “hold” rating to a “buy” rating in a report on Thursday, March 13th.

KB Financial Group Price Performance

Shares of KB Financial Group stock opened at $55.33 on Tuesday. The company has a debt-to-equity ratio of 2.29, a current ratio of 1.66 and a quick ratio of 1.66. KB Financial Group Inc. has a fifty-two week low of $45.59 and a fifty-two week high of $72.89. The firm has a fifty day moving average price of $58.24 and a two-hundred day moving average price of $61.79. The company has a market cap of $21.77 billion, a PE ratio of 6.45, a price-to-earnings-growth ratio of 0.52 and a beta of 0.99.

KB Financial Group (NYSE:KB) last issued its quarterly earnings results on Wednesday, March 5th. The bank reported $1.21 earnings per share for the quarter. KB Financial Group had a net margin of 12.33% and a return on equity of 7.71%. The firm had revenue of $2.94 billion during the quarter. Analysts expect that KB Financial Group Inc. will post 8.87 EPS for the current year.

About KB Financial Group

KB Financial Group Inc provides a range of banking and related financial services to consumers and corporations in South Korea, the United States, New Zealand, China, Cambodia, the United Kingdom, Indonesia, and internationally. The company operates through Retail Banking, Corporate Banking, Other Banking Services, Credit Card, Securities, Life Insurance, and Non-Life Insurance segments.