Dimensional Fund Advisors LP Has $142.94 Million Holdings in KB Financial Group Inc. (NYSE:KB)

Dimensional Fund Advisors LP cut its holdings in KB Financial Group Inc. (NYSE:KB) by 3.3% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,525,132 shares of the bank’s stock after selling 85,351 shares during the quarter. Dimensional Fund Advisors LP owned 0.63% of KB Financial Group worth $142,937,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Teachers Retirement System of The State of Kentucky lifted its stake in KB Financial Group by 12.2% in the fourth quarter. Teachers Retirement System of The State of Kentucky now owns 306,030 shares of the bank’s stock valued at $12,660,000 after buying an additional 33,300 shares during the period. Boston Partners increased its holdings in shares of KB Financial Group by 195.1% during the first quarter. Boston Partners now owns 100,447 shares of the bank’s stock valued at $5,233,000 after acquiring an additional 66,413 shares in the last quarter. Edmond DE Rothschild Holding S.A. bought a new stake in shares of KB Financial Group during the first quarter valued at approximately $729,000. Capital International Investors increased its holdings in shares of KB Financial Group by 8.2% during the first quarter. Capital International Investors now owns 254,968 shares of the bank’s stock valued at $13,276,000 after acquiring an additional 19,260 shares in the last quarter. Finally, Acadian Asset Management LLC increased its holdings in shares of KB Financial Group by 32.0% during the first quarter. Acadian Asset Management LLC now owns 257,611 shares of the bank’s stock valued at $13,409,000 after acquiring an additional 62,455 shares in the last quarter. 11.52% of the stock is owned by institutional investors and hedge funds.

KB Financial Group Stock Down 0.1 %

Shares of NYSE KB opened at $62.78 on Friday. KB Financial Group Inc. has a one year low of $36.57 and a one year high of $67.40. The company has a debt-to-equity ratio of 2.33, a current ratio of 1.67 and a quick ratio of 1.67. The business’s fifty day moving average price is $62.43 and its 200-day moving average price is $57.68. The stock has a market capitalization of $25.33 billion, a PE ratio of 7.84, a P/E/G ratio of 0.41 and a beta of 0.99.

KB Financial Group (NYSE:KB) last issued its quarterly earnings results on Wednesday, August 14th. The bank reported $3.06 EPS for the quarter, beating analysts’ consensus estimates of $2.70 by $0.36. KB Financial Group had a return on equity of 7.29% and a net margin of 12.13%. The firm had revenue of $3.18 billion for the quarter. On average, equities research analysts anticipate that KB Financial Group Inc. will post 9.4 EPS for the current year.

Analyst Ratings Changes

Separately, StockNews.com upgraded KB Financial Group from a “hold” rating to a “buy” rating in a research note on Tuesday, August 27th.

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.