7,453 Shares in Woori Bank (NYSE:WF) Purchased by Abacus Wealth Partners LLC

Abacus Wealth Partners LLC purchased a new position in Woori Bank (NYSE:WF) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 7,453 shares of the bank’s stock, valued at approximately $249,000.

Other institutional investors have also modified their holdings of the company. Canopy Partners LLC acquired a new stake in Woori Bank during the first quarter valued at approximately $201,000. Optas LLC acquired a new stake in Woori Bank during the first quarter valued at approximately $203,000. Foster Group Inc. acquired a new stake in Woori Bank during the first quarter valued at approximately $221,000. XTX Topco Ltd acquired a new stake in Woori Bank during the first quarter valued at approximately $298,000. Finally, Cubist Systematic Strategies LLC raised its stake in Woori Bank by 20.0% during the fourth quarter. Cubist Systematic Strategies LLC now owns 9,944 shares of the bank’s stock valued at $311,000 after buying an additional 1,659 shares in the last quarter. Institutional investors and hedge funds own 3.41% of the company’s stock.

Woori Bank Trading Up 0.4%

Shares of NYSE WF opened at $53.41 on Thursday. The stock’s 50 day moving average price is $48.16 and its two-hundred day moving average price is $39.19. Woori Bank has a 52-week low of $29.44 and a 52-week high of $57.97. The stock has a market capitalization of $13.22 billion, a P/E ratio of 6.73, a PEG ratio of 0.95 and a beta of 1.04. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 0.86.

Woori Bank (NYSE:WF) last posted its earnings results on Friday, July 25th. The bank reported $2.63 EPS for the quarter, missing the consensus estimate of $3,574.37 by ($3,571.74). The company had revenue of $2 billion for the quarter, compared to the consensus estimate of $2,790.97 billion. Woori Bank had a net margin of 11.84% and a return on equity of 8.31%. On average, analysts anticipate that Woori Bank will post 8.24 earnings per share for the current fiscal year.

About Woori Bank

Woori Financial Group Inc, a financial holding company, operates as a commercial bank that provides a range of financial products and services to individuals, corporations, and small- and medium-sized enterprises in Korea. It operates through Banking, Credit Card, Capital, Investment Banking, and Others segments.