Atria Investments Inc Sells 3,751 Shares of KB Financial Group Inc. (NYSE:KB)

Atria Investments Inc lowered its stake in KB Financial Group Inc. (NYSE:KB) by 40.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,529 shares of the bank’s stock after selling 3,751 shares during the quarter. Atria Investments Inc’s holdings in KB Financial Group were worth $341,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. CWM LLC boosted its position in shares of KB Financial Group by 5.7% in the third quarter. CWM LLC now owns 2,851 shares of the bank’s stock valued at $176,000 after acquiring an additional 155 shares during the period. EverSource Wealth Advisors LLC lifted its stake in KB Financial Group by 3.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 6,496 shares of the bank’s stock worth $368,000 after purchasing an additional 192 shares in the last quarter. Adero Partners LLC boosted its holdings in KB Financial Group by 4.2% in the 2nd quarter. Adero Partners LLC now owns 4,802 shares of the bank’s stock valued at $272,000 after purchasing an additional 193 shares during the period. Bleakley Financial Group LLC grew its position in shares of KB Financial Group by 1.6% during the 3rd quarter. Bleakley Financial Group LLC now owns 13,248 shares of the bank’s stock valued at $818,000 after purchasing an additional 208 shares in the last quarter. Finally, Thornburg Investment Management Inc. increased its holdings in shares of KB Financial Group by 1.7% in the second quarter. Thornburg Investment Management Inc. now owns 14,239 shares of the bank’s stock worth $848,000 after purchasing an additional 242 shares during the period. Hedge funds and other institutional investors own 11.52% of the company’s stock.

KB Financial Group Stock Up 1.1 %

Shares of NYSE KB opened at $69.91 on Friday. The business has a 50-day moving average of $65.30 and a 200-day moving average of $61.82. The firm has a market capitalization of $27.51 billion, a price-to-earnings ratio of 8.06, a PEG ratio of 0.58 and a beta of 0.97. The company has a current ratio of 1.66, a quick ratio of 1.66 and a debt-to-equity ratio of 2.29. KB Financial Group Inc. has a 12 month low of $36.57 and a 12 month high of $72.89.

Wall Street Analyst Weigh In

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

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.