KB Financial Group Inc. (NYSE:KB) Shares Purchased by American Century Companies Inc.

American Century Companies Inc. grew its stake in shares of KB Financial Group Inc. (NYSE:KB) by 4.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 613,203 shares of the bank’s stock after acquiring an additional 28,627 shares during the period. American Century Companies Inc. owned about 0.16% of KB Financial Group worth $34,891,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Connor Clark & Lunn Investment Management Ltd. grew its stake in KB Financial Group by 4.7% in the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 815,893 shares of the bank’s stock worth $46,424,000 after purchasing an additional 36,394 shares in the last quarter. Teachers Retirement System of The State of Kentucky lifted its holdings in KB Financial Group by 15.2% during the 3rd quarter. Teachers Retirement System of The State of Kentucky now owns 426,430 shares of the bank’s stock worth $26,332,000 after buying an additional 56,400 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of KB Financial Group in the 4th quarter worth approximately $7,301,000. Public Employees Retirement System of Ohio bought a new stake in shares of KB Financial Group in the 3rd quarter valued at approximately $7,291,000. Finally, Boston Partners raised its position in shares of KB Financial Group by 2.7% during the 4th quarter. Boston Partners now owns 95,451 shares of the bank’s stock valued at $5,450,000 after acquiring an additional 2,544 shares in the last quarter. Institutional investors own 11.52% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. 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 downgraded shares of KB Financial Group from a “buy” rating to a “hold” rating in a research report on Friday, March 21st.

KB Financial Group Stock Down 3.3 %

Shares of KB Financial Group stock opened at $53.32 on Friday. KB Financial Group Inc. has a twelve month low of $45.59 and a twelve month high of $72.89. The stock has a market capitalization of $20.98 billion, a price-to-earnings ratio of 6.21, a PEG ratio of 0.52 and a beta of 0.99. The company has a current ratio of 1.66, a quick ratio of 1.66 and a debt-to-equity ratio of 2.29. The business’s 50 day simple moving average is $57.40 and its 200-day simple moving average is $61.32.

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

KB Financial Group Company 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.