Gilman Hill Asset Management LLC Increases Position in KB Financial Group, Inc. (NYSE:KB)

Gilman Hill Asset Management LLC raised its holdings in shares of KB Financial Group, Inc. (NYSE:KB) by 7.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 26,810 shares of the bank’s stock after buying an additional 1,750 shares during the period. Gilman Hill Asset Management LLC’s holdings in KB Financial Group were worth $958,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Berman Capital Advisors LLC boosted its holdings in shares of KB Financial Group by 93.3% in the second quarter. Berman Capital Advisors LLC now owns 638 shares of the bank’s stock valued at $25,000 after purchasing an additional 308 shares during the period. Marshall Wace LLP purchased a new stake in shares of KB Financial Group in the first quarter valued at approximately $34,000. Lindbrook Capital LLC boosted its holdings in shares of KB Financial Group by 43.0% in the second quarter. Lindbrook Capital LLC now owns 1,025 shares of the bank’s stock valued at $40,000 after purchasing an additional 308 shares during the period. Pacer Advisors Inc. purchased a new stake in shares of KB Financial Group in the second quarter valued at approximately $56,000. Finally, Quantamental Technologies LLC boosted its holdings in shares of KB Financial Group by 119.6% in the second quarter. Quantamental Technologies LLC now owns 1,976 shares of the bank’s stock valued at $78,000 after purchasing an additional 1,076 shares during the period. Institutional investors and hedge funds own 7.03% of the company’s stock.

Shares of KB stock opened at $36.18 on Friday. The business’s fifty day simple moving average is $35.30 and its 200-day simple moving average is $36.93. The company has a market cap of $14.13 billion, a PE ratio of 5.18 and a beta of 0.85. 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, Inc. has a 12-month low of $30.83 and a 12-month high of $46.44.

KB Financial Group (NYSE:KB) last issued its quarterly earnings results on Wednesday, August 14th. The bank reported $2.16 earnings per share (EPS) for the quarter. The business 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%.

A number of analysts recently issued reports on the company. ValuEngine upgraded KB Financial Group from a “sell” rating to a “hold” rating in a report on Wednesday, October 2nd. Zacks Investment Research lowered KB Financial Group from a “buy” rating to a “hold” rating in a report on Tuesday, August 13th. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. KB Financial Group has a consensus rating of “Buy” and an average price target of $41.00.

About KB Financial Group

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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