Rhumbline Advisers Trims Position in Woori Financial Group Inc. (NYSE:WF)

Rhumbline Advisers lowered its position in Woori Financial Group Inc. (NYSE:WF) by 1.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 39,060 shares of the bank’s stock after selling 753 shares during the quarter. Rhumbline Advisers’ holdings in Woori Financial Group were worth $1,221,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of WF. Connor Clark & Lunn Investment Management Ltd. boosted its holdings in Woori Financial Group by 79.6% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 537,402 shares of the bank’s stock valued at $19,201,000 after purchasing an additional 238,131 shares during the last quarter. CWA Asset Management Group LLC purchased a new position in Woori Financial Group in the third quarter worth approximately $3,046,000. B. Metzler seel. Sohn & Co. Holding AG acquired a new stake in Woori Financial Group during the third quarter worth $1,238,000. Public Employees Retirement System of Ohio acquired a new position in shares of Woori Financial Group in the 3rd quarter valued at $1,211,000. Finally, Meritage Portfolio Management grew its holdings in shares of Woori Financial Group by 17.1% during the 3rd quarter. Meritage Portfolio Management now owns 170,316 shares of the bank’s stock worth $6,085,000 after purchasing an additional 24,845 shares during the period. 3.41% of the stock is currently owned by institutional investors and hedge funds.

Woori Financial Group Stock Up 1.4 %

Shares of NYSE:WF opened at $33.59 on Thursday. The business has a 50-day moving average price of $33.06 and a 200 day moving average price of $34.45. Woori Financial Group Inc. has a 12-month low of $28.49 and a 12-month high of $38.05. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.87. The company has a market capitalization of $8.31 billion, a price-to-earnings ratio of 4.37, a PEG ratio of 0.77 and a beta of 1.07.

Woori Financial Group Profile

Woori Financial Group Inc, a financial holding company, operates as a commercial bank that provides a range of financial products and services to individuals, corporations, and small- and medium-sized enterprises in Korea. It operates through Banking, Credit Card, Capital, Investment Banking, and Others segments.