KB Financial Group Inc. (NYSE:KB) Holdings Boosted by Simplicity Solutions LLC

Simplicity Solutions LLC boosted its position in shares of KB Financial Group Inc. (NYSE:KB) by 14.6% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 11,048 shares of the bank’s stock after purchasing an additional 1,407 shares during the period. Simplicity Solutions LLC’s holdings in KB Financial Group were worth $457,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. American Century Companies Inc. boosted its stake in shares of KB Financial Group by 9.5% during the 3rd quarter. American Century Companies Inc. now owns 391,861 shares of the bank’s stock valued at $16,109,000 after buying an additional 33,884 shares during the period. Trinity Street Asset Management LLP boosted its stake in shares of KB Financial Group by 3.1% during the 4th quarter. Trinity Street Asset Management LLP now owns 2,151,024 shares of the bank’s stock valued at $88,988,000 after buying an additional 65,402 shares during the period. Vanguard Personalized Indexing Management LLC boosted its stake in shares of KB Financial Group by 54.5% during the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 65,235 shares of the bank’s stock valued at $2,682,000 after buying an additional 23,016 shares during the period. Altrinsic Global Advisors LLC boosted its stake in shares of KB Financial Group by 46.9% during the 3rd quarter. Altrinsic Global Advisors LLC now owns 111,820 shares of the bank’s stock valued at $4,597,000 after buying an additional 35,692 shares during the period. Finally, Teachers Retirement System of The State of Kentucky boosted its stake in shares of KB Financial Group by 27.0% during the 3rd quarter. Teachers Retirement System of The State of Kentucky now owns 272,730 shares of the bank’s stock valued at $11,212,000 after buying an additional 58,000 shares during the period. 11.52% of the stock is currently owned by hedge funds and other institutional investors.

KB Financial Group Stock Up 0.4 %

KB stock opened at $45.87 on Friday. The company has a current ratio of 1.67, a quick ratio of 1.69 and a debt-to-equity ratio of 2.36. KB Financial Group Inc. has a 1 year low of $35.20 and a 1 year high of $58.52. The company has a fifty day simple moving average of $51.12 and a 200 day simple moving average of $44.31. The firm has a market cap of $18.51 billion, a PE ratio of 5.20, a PEG ratio of 0.37 and a beta of 1.04.

KB Financial Group (NYSE:KB) last released its quarterly earnings data on Wednesday, March 6th. The bank reported $0.43 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.64 by ($0.21). KB Financial Group had a net margin of 12.94% and a return on equity of 7.72%. The business had revenue of $3.54 billion during the quarter. Sell-side analysts anticipate that KB Financial Group Inc. will post 9.18 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of KB Financial Group from a “hold” rating to a “buy” rating in a research note on Wednesday, March 13th.

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.