Lindbrook Capital LLC Purchases 679 Shares of Woori Financial Group Inc. (NYSE:WF)

Lindbrook Capital LLC increased its stake in shares of Woori Financial Group Inc. (NYSE:WF) by 14.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,535 shares of the bank’s stock after buying an additional 679 shares during the quarter. Lindbrook Capital LLC’s holdings in Woori Financial Group were worth $167,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in WF. Janiczek Wealth Management LLC grew its position in Woori Financial Group by 47.3% during the fourth quarter. Janiczek Wealth Management LLC now owns 1,077 shares of the bank’s stock worth $33,000 after buying an additional 346 shares in the last quarter. Ronald Blue Trust Inc. grew its position in Woori Financial Group by 114.0% during the third quarter. Ronald Blue Trust Inc. now owns 2,746 shares of the bank’s stock worth $74,000 after buying an additional 1,463 shares in the last quarter. Blue Trust Inc. boosted its holdings in shares of Woori Financial Group by 36.6% in the 4th quarter. Blue Trust Inc. now owns 3,751 shares of the bank’s stock valued at $113,000 after purchasing an additional 1,005 shares in the last quarter. EverSource Wealth Advisors LLC boosted its holdings in shares of Woori Financial Group by 6.2% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 6,976 shares of the bank’s stock valued at $191,000 after purchasing an additional 409 shares in the last quarter. Finally, BSW Wealth Partners acquired a new stake in shares of Woori Financial Group in the 4th quarter valued at $255,000. Institutional investors and hedge funds own 17.79% of the company’s stock.

Woori Financial Group Trading Up 1.0 %

Shares of WF stock opened at $31.16 on Wednesday. The stock’s fifty day moving average price is $32.65 and its two-hundred day moving average price is $30.49. The company has a market cap of $7.71 billion, a PE ratio of 4.18, a P/E/G ratio of 0.41 and a beta of 1.04. Woori Financial Group Inc. has a fifty-two week low of $24.94 and a fifty-two week high of $36.17. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.07 and a current ratio of 1.05.

Woori Financial Group (NYSE:WF) last issued its earnings results on Thursday, February 29th. The bank reported $0.06 earnings per share for the quarter, missing analysts’ consensus estimates of $0.94 by ($0.88). The business had revenue of $2.13 billion during the quarter. Woori Financial Group had a net margin of 10.81% and a return on equity of 7.31%. Equities analysts predict that Woori Financial Group Inc. will post 8.04 EPS for the current fiscal year.

Woori Financial Group Announces Dividend

The company also recently disclosed an annual dividend, which was paid on Thursday, March 28th. Investors of record on Monday, April 1st were issued a dividend of $1.1918 per share. This represents a dividend yield of 5.3%. The ex-dividend date of this dividend was Thursday, March 28th. Woori Financial Group’s dividend payout ratio (DPR) is 62.73%.

Analyst Upgrades and Downgrades

Separately, Bank of America raised Woori Financial Group from a “neutral” rating to a “buy” rating in a report on Tuesday, January 16th.

Woori Financial Group Company Profile

Woori Financial Group Inc, together with its subsidiaries, operates as a commercial bank that provides a range of financial services to individual, business, and institutional customers in Korea. It operates through Banking, Credit Card, Capital, Investment Banking, and Others segments. The company offers savings, demand, and installment deposits; time deposits, certificates of deposit, and repurchase instruments; and working capital, facilities, general purpose household, mortgage, and home equity loans.