Quantamental Technologies LLC Buys 1,076 Shares of KB Financial Group, Inc. (NYSE:KB)

Quantamental Technologies LLC grew its stake in shares of KB Financial Group, Inc. (NYSE:KB) by 119.6% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,976 shares of the bank’s stock after buying an additional 1,076 shares during the period. Quantamental Technologies LLC’s holdings in KB Financial Group were worth $78,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. BNP Paribas Arbitrage SA raised its position in shares of KB Financial Group by 62.3% during the first quarter. BNP Paribas Arbitrage SA now owns 1,287 shares of the bank’s stock worth $48,000 after purchasing an additional 494 shares during the period. Bank of Montreal Can raised its position in KB Financial Group by 20,706.7% in the 1st quarter. Bank of Montreal Can now owns 18,518 shares of the bank’s stock valued at $686,000 after buying an additional 18,429 shares during the last quarter. Eagle Asset Management Inc. raised its position in KB Financial Group by 5.4% in the 1st quarter. Eagle Asset Management Inc. now owns 7,097 shares of the bank’s stock valued at $263,000 after buying an additional 361 shares during the last quarter. Stevens Capital Management LP raised its position in KB Financial Group by 18.4% in the 1st quarter. Stevens Capital Management LP now owns 9,053 shares of the bank’s stock valued at $336,000 after buying an additional 1,405 shares during the last quarter. Finally, Mizuho Securities Co. Ltd. acquired a new stake in KB Financial Group in the 1st quarter valued at approximately $148,000. Hedge funds and other institutional investors own 6.92% of the company’s stock.

Shares of NYSE:KB traded up $0.45 during trading on Thursday, hitting $36.86. 5,827 shares of the company were exchanged, compared to its average volume of 159,045. The stock has a market cap of $14.43 billion, a price-to-earnings ratio of 5.28, a P/E/G ratio of 1.67 and a beta of 0.87. KB Financial Group, Inc. has a fifty-two week low of $30.83 and a fifty-two week high of $49.81. The firm has a fifty day moving average price of $33.41 and a two-hundred day moving average price of $37.29. The company has a current ratio of 1,782.84, a quick ratio of 1,782.85 and a debt-to-equity ratio of 2.18.



KB Financial Group (NYSE:KB) last posted its quarterly earnings results on Wednesday, August 14th. The bank reported $2.16 earnings per share for the quarter. The firm had revenue of $2.47 billion for the quarter. KB Financial Group had a return on equity of 10.94% and a net margin of 17.78%. As a group, research analysts predict that KB Financial Group, Inc. will post 6.59 EPS for the current year.

Separately, Zacks Investment Research lowered KB Financial Group from a “buy” rating to a “hold” rating in a research report on Tuesday, August 13th.

KB Financial Group Company Profile

KB Financial Group Inc, a financial holding company, provides a range of banking and related financial services to consumers and corporations in South Korea and internationally. It operates through Corporate Banking, Retail Banking, Other Banking Services, Securities Business, Non-life Insurance Business, Credit Card Business, and Life Insurance Business segments.

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Institutional Ownership by Quarter for KB Financial Group (NYSE:KB)

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