Signaturefd LLC Has $1.69 Million Stock Holdings in KB Financial Group Inc. (NYSE:KB)

Signaturefd LLC lowered its stake in KB Financial Group Inc. (NYSE:KB) by 0.7% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,298 shares of the bank’s stock after selling 191 shares during the period. Signaturefd LLC’s holdings in KB Financial Group were worth $1,686,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Hilltop National Bank acquired a new stake in shares of KB Financial Group during the 2nd quarter valued at $34,000. GAMMA Investing LLC raised its position in KB Financial Group by 98.0% in the first quarter. GAMMA Investing LLC now owns 689 shares of the bank’s stock valued at $36,000 after purchasing an additional 341 shares during the last quarter. Benjamin F. Edwards & Company Inc. boosted its stake in shares of KB Financial Group by 66.1% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 779 shares of the bank’s stock valued at $44,000 after purchasing an additional 310 shares in the last quarter. CWM LLC grew its holdings in shares of KB Financial Group by 5.7% during the third quarter. CWM LLC now owns 2,851 shares of the bank’s stock worth $176,000 after purchasing an additional 155 shares during the last quarter. Finally, Systematic Alpha Investments LLC acquired a new position in shares of KB Financial Group in the second quarter valued at approximately $204,000. Institutional investors own 11.52% of the company’s stock.

KB Financial Group Stock Performance

NYSE KB opened at $67.89 on Wednesday. The company has a market capitalization of $27.39 billion, a price-to-earnings ratio of 8.48, a PEG ratio of 0.45 and a beta of 0.98. The company has a quick ratio of 1.67, a current ratio of 1.67 and a debt-to-equity ratio of 2.33. KB Financial Group Inc. has a twelve month low of $36.57 and a twelve month high of $70.70. The stock has a fifty day simple moving average of $63.96 and a 200 day simple moving average of $59.43.

KB Financial Group (NYSE:KB) last issued its quarterly earnings results on Wednesday, August 14th. The bank reported $3.06 earnings per share for the quarter, beating the consensus estimate of $2.70 by $0.36. KB Financial Group had a return on equity of 7.29% and a net margin of 12.13%. The company had revenue of $3.18 billion during the quarter. Sell-side analysts expect that KB Financial Group Inc. will post 9.4 EPS for the current year.

Analysts Set New Price Targets

Separately, StockNews.com downgraded shares of KB Financial Group from a “buy” rating to a “hold” rating in a research report on Saturday, October 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.