Financial Counselors Inc. Increases Stake in KB Financial Group Inc. (NYSE:KB)

Financial Counselors Inc. raised its position in shares of KB Financial Group Inc. (NYSE:KB) by 9.4% in the third quarter, Holdings Channel reports. The firm owned 6,917 shares of the bank’s stock after acquiring an additional 593 shares during the quarter. Financial Counselors Inc.’s holdings in KB Financial Group were worth $427,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the company. Boston Partners raised its stake in shares of KB Financial Group by 195.1% in the first quarter. Boston Partners now owns 100,447 shares of the bank’s stock worth $5,233,000 after purchasing an additional 66,413 shares during the last quarter. EverSource Wealth Advisors LLC increased its holdings in KB Financial Group by 8.8% in the 1st quarter. EverSource Wealth Advisors LLC now owns 6,304 shares of the bank’s stock worth $340,000 after buying an additional 510 shares in the last quarter. GAMMA Investing LLC raised its position in KB Financial Group by 35.6% in the 2nd quarter. GAMMA Investing LLC now owns 934 shares of the bank’s stock worth $53,000 after buying an additional 245 shares during the last quarter. Hilltop National Bank bought a new position in KB Financial Group during the 2nd quarter valued at about $34,000. Finally, Aprio Wealth Management LLC lifted its stake in KB Financial Group by 14.7% during the 2nd quarter. Aprio Wealth Management LLC now owns 7,132 shares of the bank’s stock valued at $404,000 after acquiring an additional 916 shares during the period. 11.52% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, StockNews.com raised shares of KB Financial Group from a “hold” rating to a “buy” rating in a report on Tuesday, October 29th.

KB Financial Group Price Performance

Shares of KB opened at $68.93 on Friday. The firm has a fifty day simple moving average of $66.24 and a two-hundred day simple moving average of $62.43. The firm has a market cap of $27.13 billion, a PE ratio of 8.03, a P/E/G ratio of 0.62 and a beta of 0.97. The company has a current ratio of 1.66, a quick ratio of 1.66 and a debt-to-equity ratio of 2.29. KB Financial Group Inc. has a 1-year low of $36.57 and a 1-year high of $72.89.

KB Financial Group Profile

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.