KB Financial Group (NYSE:KB) Sees Large Volume Increase – Should You Buy?

KB Financial Group Inc. (NYSE:KB) saw unusually-strong trading volume on Monday . Approximately 188,658 shares changed hands during mid-day trading, an increase of 2% from the previous session’s volume of 185,695 shares.The stock last traded at $56.33 and had previously closed at $55.68.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on KB shares. StockNews.com cut shares of KB Financial Group from a “buy” rating to a “hold” rating in a research report on Friday, March 21st. Morgan Stanley upgraded shares of KB Financial Group from an “equal weight” rating to an “overweight” rating in a research report on Thursday, December 12th.

KB Financial Group Price Performance

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 stock has a market capitalization of $22.19 billion, a price-to-earnings ratio of 6.57, a price-to-earnings-growth ratio of 0.52 and a beta of 0.99. The stock has a 50 day moving average price of $57.83 and a 200-day moving average price of $61.46.

KB Financial Group (NYSE:KB) last announced its earnings results on Wednesday, March 5th. The bank reported $1.21 earnings per share (EPS) for the quarter. The company had revenue of $2.94 billion for the quarter. KB Financial Group had a net margin of 12.33% and a return on equity of 7.71%. On average, analysts forecast that KB Financial Group Inc. will post 8.87 earnings per share for the current year.

Institutional Trading of KB Financial Group

Large investors have recently bought and sold shares of the business. Northern Trust Corp grew its holdings in KB Financial Group by 310.0% in the 4th quarter. Northern Trust Corp now owns 912,529 shares of the bank’s stock valued at $51,923,000 after buying an additional 689,979 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of KB Financial Group in the fourth quarter valued at about $7,301,000. Public Employees Retirement System of Ohio acquired a new stake in KB Financial Group during the third quarter worth about $7,291,000. Silvercrest Asset Management Group LLC acquired a new stake in KB Financial Group during the fourth quarter worth about $5,489,000. Finally, Mirabella Financial Services LLP purchased a new position in KB Financial Group during the fourth quarter worth about $5,000,000. Hedge funds and other institutional investors own 11.52% of the company’s stock.

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.