Marshall Wace LLP Makes New $672,000 Investment in Woori Financial Group Inc. (NYSE:WF)

Marshall Wace LLP acquired a new stake in shares of Woori Financial Group Inc. (NYSE:WF) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 20,961 shares of the bank’s stock, valued at approximately $672,000.

A number of other institutional investors have also recently made changes to their positions in the business. GAMMA Investing LLC increased its stake in Woori Financial Group by 66.8% during the 1st quarter. GAMMA Investing LLC now owns 1,837 shares of the bank’s stock valued at $60,000 after purchasing an additional 736 shares in the last quarter. Sivia Capital Partners LLC acquired a new position in shares of Woori Financial Group in the 4th quarter valued at $263,000. EverSource Wealth Advisors LLC raised its stake in Woori Financial Group by 9.1% in the 1st quarter. EverSource Wealth Advisors LLC now owns 8,943 shares of the bank’s stock worth $279,000 after acquiring an additional 746 shares during the last quarter. Blue Trust Inc. lifted its position in Woori Financial Group by 524.6% during the 2nd quarter. Blue Trust Inc. now owns 10,856 shares of the bank’s stock worth $352,000 after acquiring an additional 9,118 shares during the period. Finally, PDS Planning Inc grew its stake in Woori Financial Group by 3.5% during the 1st quarter. PDS Planning Inc now owns 11,977 shares of the bank’s stock valued at $388,000 after purchasing an additional 403 shares during the last quarter. Institutional investors and hedge funds own 17.79% of the company’s stock.

Woori Financial Group Stock Performance

Shares of NYSE:WF opened at $35.75 on Wednesday. The company has a quick ratio of 0.12, a current ratio of 0.12 and a debt-to-equity ratio of 0.86. Woori Financial Group Inc. has a 52-week low of $26.16 and a 52-week high of $38.05. The stock has a market cap of $8.85 billion, a price-to-earnings ratio of 5.01, a PEG ratio of 0.42 and a beta of 1.05. The business has a 50-day moving average price of $35.33 and a 200-day moving average price of $33.02.

Woori Financial Group (NYSE:WF) last posted its quarterly earnings results on Wednesday, August 14th. The bank reported $2.53 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.18 by $0.35. Woori Financial Group had a net margin of 11.48% and a return on equity of 7.86%. The company had revenue of $2.06 billion during the quarter. Equities analysts predict that Woori Financial Group Inc. will post 8.21 EPS for the current year.

Woori Financial Group Company 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.