KB Financial Group Inc. (NYSE:KB) Stake Raised by Gilman Hill Asset Management LLC

Gilman Hill Asset Management LLC raised its holdings in shares of KB Financial Group Inc. (NYSE:KB) by 1.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 67,138 shares of the bank’s stock after acquiring an additional 961 shares during the quarter. Gilman Hill Asset Management LLC’s holdings in KB Financial Group were worth $3,820,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the business. BOCHK Asset Management Ltd purchased a new position in KB Financial Group during the third quarter valued at approximately $25,000. Wilmington Savings Fund Society FSB acquired a new position in shares of KB Financial Group in the third quarter worth $35,000. Benjamin F. Edwards & Company Inc. raised its holdings in shares of KB Financial Group by 66.1% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 779 shares of the bank’s stock worth $44,000 after acquiring an additional 310 shares in the last quarter. Venturi Wealth Management LLC boosted its position in KB Financial Group by 2,427.9% during the third quarter. Venturi Wealth Management LLC now owns 1,087 shares of the bank’s stock valued at $67,000 after purchasing an additional 1,044 shares during the last quarter. Finally, GAMMA Investing LLC boosted its position in KB Financial Group by 36.9% during the third quarter. GAMMA Investing LLC now owns 1,279 shares of the bank’s stock valued at $79,000 after purchasing an additional 345 shares during the last quarter. Institutional investors and hedge funds own 11.52% of the company’s stock.

KB Financial Group Trading Down 1.0 %

Shares of NYSE:KB opened at $61.26 on Monday. KB Financial Group Inc. has a 1 year low of $36.73 and a 1 year high of $72.89. The firm has a fifty day moving average price of $62.16 and a 200 day moving average price of $63.11. 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 stock has a market capitalization of $24.11 billion, a PE ratio of 7.14, a P/E/G ratio of 0.45 and a beta of 0.99.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the company. Morgan Stanley raised KB Financial Group from an “equal weight” rating to an “overweight” rating in a research note on Thursday, December 12th. StockNews.com upgraded shares of KB Financial Group from a “hold” rating to a “buy” rating in a research note on Tuesday, October 29th.

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.