UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $5.80 Million Holdings in KB Financial Group Inc. (NYSE:KB)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in KB Financial Group Inc. (NYSE:KB) by 46.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 93,850 shares of the bank’s stock after buying an additional 29,850 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in KB Financial Group were worth $5,795,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Connor Clark & Lunn Investment Management Ltd. grew its stake in shares of KB Financial Group by 23.0% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 779,499 shares of the bank’s stock worth $48,134,000 after acquiring an additional 145,861 shares in the last quarter. B. Metzler seel. Sohn & Co. Holding AG bought a new stake in KB Financial Group during the third quarter worth about $3,516,000. NINE MASTS CAPITAL Ltd bought a new stake in KB Financial Group during the second quarter worth about $2,038,000. American Century Companies Inc. raised its stake in KB Financial Group by 7.1% during the second quarter. American Century Companies Inc. now owns 511,542 shares of the bank’s stock worth $28,958,000 after acquiring an additional 33,900 shares in the last quarter. Finally, LA Financiere DE L Echiquier acquired a new position in shares of KB Financial Group in the second quarter valued at approximately $1,698,000. Institutional investors own 11.52% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded KB Financial Group from a “hold” rating to a “buy” rating in a report on Tuesday, October 29th.

KB Financial Group Trading Up 0.5 %

Shares of KB Financial Group stock opened at $58.78 on Wednesday. KB Financial Group Inc. has a 1 year low of $36.57 and a 1 year high of $72.89. The firm has a market cap of $23.13 billion, a PE ratio of 6.85, a P/E/G ratio of 0.53 and a beta of 0.97. The stock has a fifty day moving average price of $66.41 and a 200-day moving average price of $62.69. The company has a debt-to-equity ratio of 2.29, a current ratio of 1.66 and a quick ratio of 1.66.

KB Financial Group 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.