Natixis Advisors LLC Sells 402 Shares of KB Financial Group Inc. (NYSE:KB)

Natixis Advisors LLC reduced its stake in KB Financial Group Inc. (NYSE:KB) by 0.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 43,966 shares of the bank’s stock after selling 402 shares during the period. Natixis Advisors LLC’s holdings in KB Financial Group were worth $2,715,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in KB. Boston Partners lifted its stake in shares of KB Financial Group by 195.1% in the 1st quarter. Boston Partners now owns 100,447 shares of the bank’s stock valued at $5,233,000 after acquiring an additional 66,413 shares during the last quarter. Teachers Retirement System of The State of Kentucky raised its position in KB Financial Group by 20.9% in the first quarter. Teachers Retirement System of The State of Kentucky now owns 370,030 shares of the bank’s stock valued at $19,267,000 after purchasing an additional 64,000 shares during the last quarter. NINE MASTS CAPITAL Ltd acquired a new stake in shares of KB Financial Group during the second quarter valued at about $2,038,000. American Century Companies Inc. grew its holdings in shares of KB Financial Group by 7.1% during the second quarter. American Century Companies Inc. now owns 511,542 shares of the bank’s stock worth $28,958,000 after purchasing an additional 33,900 shares during the last quarter. Finally, LA Financiere DE L Echiquier acquired a new position in shares of KB Financial Group in the second quarter valued at approximately $1,698,000. Institutional investors and hedge funds own 11.52% of the company’s stock.

Analyst Ratings Changes

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 Stock Up 1.2 %

Shares of NYSE:KB opened at $69.93 on Monday. The firm has a market cap of $27.52 billion, a P/E ratio of 8.15, a PEG ratio of 0.61 and a beta of 0.97. KB Financial Group Inc. has a 52-week low of $36.57 and a 52-week high of $72.89. The business’s 50 day simple moving average is $65.47 and its two-hundred day simple moving average is $61.99. The company has a debt-to-equity ratio of 2.29, a quick ratio of 1.66 and a current ratio of 1.66.

About KB Financial Group

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.