SG Americas Securities LLC Makes New Investment in Shinhan Financial Group Co., Ltd. (NYSE:SHG)

SG Americas Securities LLC acquired a new stake in shares of Shinhan Financial Group Co., Ltd. (NYSE:SHG) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 10,116 shares of the bank’s stock, valued at approximately $333,000.

Other institutional investors have also made changes to their positions in the company. Aaron Wealth Advisors LLC grew its stake in Shinhan Financial Group by 3.9% during the 4th quarter. Aaron Wealth Advisors LLC now owns 7,627 shares of the bank’s stock valued at $251,000 after purchasing an additional 289 shares in the last quarter. Aprio Wealth Management LLC grew its position in shares of Shinhan Financial Group by 13.2% during the fourth quarter. Aprio Wealth Management LLC now owns 12,576 shares of the bank’s stock worth $413,000 after buying an additional 1,464 shares in the last quarter. DGS Capital Management LLC increased its stake in shares of Shinhan Financial Group by 20.7% in the third quarter. DGS Capital Management LLC now owns 29,538 shares of the bank’s stock worth $1,252,000 after buying an additional 5,070 shares during the last quarter. Franklin Resources Inc. increased its stake in shares of Shinhan Financial Group by 4.4% in the third quarter. Franklin Resources Inc. now owns 83,524 shares of the bank’s stock worth $3,608,000 after buying an additional 3,550 shares during the last quarter. Finally, World Investment Advisors LLC bought a new position in Shinhan Financial Group during the 3rd quarter valued at $609,000. 7.76% of the stock is owned by institutional investors and hedge funds.

Shinhan Financial Group Price Performance

Shares of SHG stock opened at $35.30 on Wednesday. The firm has a market cap of $17.77 billion, a P/E ratio of 5.54, a P/E/G ratio of 0.51 and a beta of 0.94. The firm has a fifty day moving average of $35.12 and a two-hundred day moving average of $39.12. The company has a debt-to-equity ratio of 1.53, a current ratio of 1.04 and a quick ratio of 1.04. Shinhan Financial Group Co., Ltd. has a 1-year low of $29.25 and a 1-year high of $46.05.

About Shinhan Financial Group

Shinhan Financial Group Co, Ltd. provides financial products and services in South Korea and internationally. The company operates through six segments: Banking, Credit Card, Securities, Insurance, Credit, and Others. It offers retail banking services, including demand, savings, and fixed deposit-taking; checking accounts; mortgage and home equity, and retail lending; electronic banking and automatic teller machines (ATM); and bill paying, payroll and check-cashing, currency exchange, and wire fund transfer services.