KB Financial Group Inc. (NYSE:KB) Shares Bought by Stifel Financial Corp

Stifel Financial Corp grew its holdings in KB Financial Group Inc. (NYSE:KB) by 1.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 21,371 shares of the bank’s stock after acquiring an additional 308 shares during the quarter. Stifel Financial Corp’s holdings in KB Financial Group were worth $1,320,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Wealth Enhancement Advisory Services LLC acquired a new stake in KB Financial Group in the 2nd quarter worth approximately $256,000. Bank of New York Mellon Corp increased its stake in KB Financial Group by 13.8% during the 2nd quarter. Bank of New York Mellon Corp now owns 12,714 shares of the bank’s stock valued at $720,000 after purchasing an additional 1,541 shares in the last quarter. Atomi Financial Group Inc. raised its holdings in shares of KB Financial Group by 10.9% in the second quarter. Atomi Financial Group Inc. now owns 9,672 shares of the bank’s stock worth $548,000 after buying an additional 953 shares during the last quarter. Atlas Capital Advisors LLC lifted its stake in shares of KB Financial Group by 8.9% during the second quarter. Atlas Capital Advisors LLC now owns 12,222 shares of the bank’s stock worth $692,000 after buying an additional 1,003 shares during the period. Finally, Adero Partners LLC grew its holdings in shares of KB Financial Group by 4.2% during the second quarter. Adero Partners LLC now owns 4,802 shares of the bank’s stock valued at $272,000 after buying an additional 193 shares during the last quarter. Hedge funds and other institutional investors own 11.52% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on KB. Morgan Stanley upgraded KB Financial Group from an “equal weight” rating to an “overweight” rating in a research note on Thursday, December 12th. StockNews.com upgraded KB Financial Group from a “hold” rating to a “buy” rating in a research report on Tuesday, October 29th.

KB Financial Group Stock Down 0.2 %

NYSE:KB opened at $59.08 on Friday. The company has a debt-to-equity ratio of 2.29, a current ratio of 1.66 and a quick ratio of 1.66. The company’s fifty day moving average price is $65.67 and its 200-day moving average price is $62.79. KB Financial Group Inc. has a 1-year low of $36.57 and a 1-year high of $72.89. The firm has a market capitalization of $23.25 billion, a P/E ratio of 6.89, a PEG ratio of 0.53 and a beta of 0.96.

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.