Assetmark Inc. Buys 1,591 Shares of Woori Financial Group Inc. (NYSE:WF)

Assetmark Inc. increased its stake in shares of Woori Financial Group Inc. (NYSE:WF) by 10.8% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 16,259 shares of the bank’s stock after acquiring an additional 1,591 shares during the quarter. Assetmark Inc.’s holdings in Woori Financial Group were worth $581,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the business. Acadian Asset Management LLC increased its position in Woori Financial Group by 149.6% during the 1st quarter. Acadian Asset Management LLC now owns 53,018 shares of the bank’s stock valued at $1,719,000 after purchasing an additional 31,781 shares during the period. Renaissance Technologies LLC increased its position in Woori Financial Group by 108.9% during the 2nd quarter. Renaissance Technologies LLC now owns 63,300 shares of the bank’s stock valued at $2,028,000 after purchasing an additional 33,000 shares during the period. Natixis Advisors LLC increased its position in Woori Financial Group by 28.0% during the 2nd quarter. Natixis Advisors LLC now owns 18,381 shares of the bank’s stock valued at $589,000 after purchasing an additional 4,019 shares during the period. Creative Planning increased its position in Woori Financial Group by 15.0% during the 2nd quarter. Creative Planning now owns 120,380 shares of the bank’s stock valued at $3,857,000 after purchasing an additional 15,741 shares during the period. Finally, Allspring Global Investments Holdings LLC purchased a new position in Woori Financial Group during the 3rd quarter valued at about $60,000. Institutional investors own 17.79% of the company’s stock.

Woori Financial Group Stock Down 0.1 %

NYSE:WF opened at $33.97 on Friday. Woori Financial Group Inc. has a fifty-two week low of $27.60 and a fifty-two week high of $38.05. The stock has a market capitalization of $8.41 billion, a P/E ratio of 4.36, a P/E/G ratio of 0.36 and a beta of 1.06. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.12 and a current ratio of 0.12. The company’s 50-day simple moving average is $35.36 and its 200-day simple moving average is $33.78.

Woori Financial Group (NYSE:WF) last posted its earnings results on Wednesday, August 14th. The bank reported $2.53 earnings per share for the quarter, beating the consensus estimate of $2.18 by $0.35. The firm had revenue of $2.06 billion during the quarter. Woori Financial Group had a net margin of 11.48% and a return on equity of 7.86%. On average, equities analysts anticipate that Woori Financial Group Inc. will post 8.59 earnings per share for the current fiscal year.

Woori Financial Group Profile

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.