Victory Capital Management Inc. Acquires Shares of 12,275 KB Financial Group Inc. (NYSE:KB)

Victory Capital Management Inc. acquired a new stake in shares of KB Financial Group Inc. (NYSE:KB) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 12,275 shares of the bank’s stock, valued at approximately $698,000.

Other large investors have also bought and sold shares of the company. Hudson Edge Investment Partners Inc. raised its stake in shares of KB Financial Group by 5.1% during the 4th quarter. Hudson Edge Investment Partners Inc. now owns 3,472 shares of the bank’s stock worth $198,000 after purchasing an additional 168 shares during the period. Centiva Capital LP raised its stake in shares of KB Financial Group by 6.0% during the 3rd quarter. Centiva Capital LP now owns 5,034 shares of the bank’s stock worth $311,000 after purchasing an additional 283 shares during the period. QRG Capital Management Inc. raised its stake in shares of KB Financial Group by 2.4% during the 4th quarter. QRG Capital Management Inc. now owns 12,269 shares of the bank’s stock worth $698,000 after purchasing an additional 284 shares during the period. Henry James International Management Inc. raised its stake in shares of KB Financial Group by 0.5% during the 4th quarter. Henry James International Management Inc. now owns 63,039 shares of the bank’s stock worth $3,587,000 after purchasing an additional 293 shares during the period. Finally, Stifel Financial Corp raised its stake in shares of KB Financial Group by 1.5% during the 3rd quarter. Stifel Financial Corp now owns 21,371 shares of the bank’s stock worth $1,320,000 after purchasing an additional 308 shares during the period. 11.52% of the stock is currently owned by institutional investors.

KB Financial Group Stock Down 0.5 %

KB stock opened at $55.59 on Friday. The company has a current ratio of 1.66, a quick ratio of 1.66 and a debt-to-equity ratio of 2.29. The company’s 50 day moving average is $58.02 and its 200 day moving average is $61.57. The stock has a market cap of $21.88 billion, a price-to-earnings ratio of 6.48, a price-to-earnings-growth ratio of 0.52 and a beta of 0.99. KB Financial Group Inc. has a 1-year low of $45.59 and a 1-year high of $72.89.

KB Financial Group (NYSE:KB) last posted its quarterly earnings data on Wednesday, March 5th. The bank reported $1.21 earnings per share for the quarter. The company had revenue of $2.94 billion for the quarter. KB Financial Group had a net margin of 12.33% and a return on equity of 7.71%. Sell-side analysts predict that KB Financial Group Inc. will post 8.87 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on KB shares. Morgan Stanley raised KB Financial Group from an “equal weight” rating to an “overweight” rating in a report on Thursday, December 12th. StockNews.com lowered KB Financial Group from a “buy” rating to a “hold” rating in a report on Friday.

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.