KB Financial Group Inc. (NYSE:KB) Shares Sold by Barclays PLC

Barclays PLC cut its holdings in shares of KB Financial Group Inc. (NYSE:KB) by 98.9% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,068 shares of the bank’s stock after selling 99,767 shares during the period. Barclays PLC’s holdings in KB Financial Group were worth $66,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in KB. Public Employees Retirement System of Ohio acquired a new position in KB Financial Group during the third quarter worth $7,291,000. Orion Portfolio Solutions LLC boosted its holdings in KB Financial Group by 18.6% in the third quarter. Orion Portfolio Solutions LLC now owns 8,152 shares of the bank’s stock valued at $503,000 after purchasing an additional 1,280 shares during the period. XTX Topco Ltd acquired a new position in KB Financial Group during the 3rd quarter worth approximately $527,000. Insigneo Advisory Services LLC acquired a new stake in shares of KB Financial Group during the 3rd quarter worth about $356,000. Finally, Stifel Financial Corp boosted its holdings in shares of KB Financial Group by 1.5% in the 3rd quarter. Stifel Financial Corp now owns 21,371 shares of the bank’s stock valued at $1,320,000 after buying an additional 308 shares in the last quarter. 11.52% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages have recently commented on KB. Morgan Stanley raised shares of KB Financial Group from an “equal weight” rating to an “overweight” rating in a report on Thursday, December 12th. StockNews.com upgraded KB Financial Group from a “hold” rating to a “buy” rating in a report on Tuesday, October 29th.

KB Financial Group Stock Down 0.1 %

KB stock opened at $58.24 on Friday. The company has a 50 day moving average price of $62.80 and a two-hundred day moving average price of $62.87. KB Financial Group Inc. has a one year low of $36.57 and a one year high of $72.89. The stock has a market capitalization of $22.92 billion, a P/E ratio of 6.79, a PEG ratio of 0.52 and a beta of 0.99. The company has a debt-to-equity ratio of 2.29, a quick ratio of 1.66 and a current ratio of 1.66.

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.