12,275 Shares in KB Financial Group Inc. (NYSE:KB) Bought by Victory Capital Management Inc.

Victory Capital Management Inc. purchased a new position in KB Financial Group Inc. (NYSE:KB) in the fourth quarter, Holdings Channel.com reports. The fund purchased 12,275 shares of the bank’s stock, valued at approximately $698,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. SG Americas Securities LLC purchased a new stake in KB Financial Group in the fourth quarter worth $856,000. FMR LLC raised its holdings in KB Financial Group by 121.6% in the third quarter. FMR LLC now owns 33,642 shares of the bank’s stock worth $2,077,000 after purchasing an additional 18,459 shares in the last quarter. Cerity Partners LLC raised its holdings in KB Financial Group by 69.6% in the third quarter. Cerity Partners LLC now owns 34,134 shares of the bank’s stock worth $2,108,000 after purchasing an additional 14,008 shares in the last quarter. Blue Trust Inc. raised its holdings in KB Financial Group by 30.5% in the fourth quarter. Blue Trust Inc. now owns 36,868 shares of the bank’s stock worth $2,277,000 after purchasing an additional 8,625 shares in the last quarter. Finally, Stifel Financial Corp raised its holdings in KB Financial Group by 1.5% in the third quarter. Stifel Financial Corp now owns 21,371 shares of the bank’s stock worth $1,320,000 after purchasing an additional 308 shares in the last quarter. Hedge funds and other institutional investors own 11.52% of the company’s stock.

KB Financial Group Price Performance

KB opened at $55.59 on Friday. KB Financial Group Inc. has a 12-month low of $45.59 and a 12-month high of $72.89. The company has a current ratio of 1.66, a quick ratio of 1.66 and a debt-to-equity ratio of 2.29. The stock has a fifty day simple moving average of $58.02 and a two-hundred day simple moving average of $61.57. The company has a market cap of $21.88 billion, a price-to-earnings ratio of 6.48, a price-to-earnings-growth ratio of 0.52 and a beta of 0.99.

KB Financial Group (NYSE:KB) last issued its quarterly earnings results on Wednesday, March 5th. The bank reported $1.21 earnings per share for the quarter. KB Financial Group had a return on equity of 7.71% and a net margin of 12.33%. The firm had revenue of $2.94 billion during the quarter. Research analysts predict that KB Financial Group Inc. will post 8.87 earnings per share for the current fiscal year.

Analyst Ratings Changes

KB has been the subject of a number of research reports. StockNews.com downgraded KB Financial Group from a “buy” rating to a “hold” rating in a report on Friday. Morgan Stanley upgraded KB Financial Group from an “equal weight” rating to an “overweight” rating in a report on Thursday, December 12th.

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.