Pathstone Holdings LLC Decreases Holdings in KB Financial Group Inc. (NYSE:KB)

Pathstone Holdings LLC decreased its position in KB Financial Group Inc. (NYSE:KB) by 2.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 25,869 shares of the bank’s stock after selling 696 shares during the quarter. Pathstone Holdings LLC’s holdings in KB Financial Group were worth $1,597,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. American Century Companies Inc. boosted its holdings in KB Financial Group by 7.1% during the 2nd quarter. American Century Companies Inc. now owns 511,542 shares of the bank’s stock valued at $28,958,000 after acquiring an additional 33,900 shares during the period. Teachers Retirement System of The State of Kentucky raised its holdings in KB Financial Group by 20.9% during the 1st 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 buying an additional 64,000 shares during the last quarter. Acadian Asset Management LLC boosted its position in KB Financial Group by 3.9% during the 2nd quarter. Acadian Asset Management LLC now owns 267,625 shares of the bank’s stock valued at $15,146,000 after buying an additional 10,014 shares during the period. Envestnet Asset Management Inc. grew its holdings in KB Financial Group by 4.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 165,691 shares of the bank’s stock worth $9,380,000 after acquiring an additional 7,809 shares during the last quarter. Finally, Boston Partners increased its position in shares of KB Financial Group by 195.1% in the first 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 period. Hedge funds and other institutional investors own 11.52% of the company’s stock.

KB Financial Group Price Performance

Shares of KB stock opened at $70.79 on Thursday. The company has a quick ratio of 1.66, a current ratio of 1.66 and a debt-to-equity ratio of 2.29. The stock has a market cap of $27.86 billion, a price-to-earnings ratio of 8.25, a PEG ratio of 0.61 and a beta of 0.97. The business’s fifty day moving average is $65.96 and its 200 day moving average is $62.27. KB Financial Group Inc. has a twelve month low of $36.57 and a twelve month high of $72.89.

Analyst Ratings Changes

Separately, StockNews.com upgraded KB Financial Group from a “hold” rating to a “buy” rating in a report on Tuesday, October 29th.

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.