Woori Financial Group (NYSE:WF) Reaches New 52-Week High – What’s Next?

Woori Financial Group Inc. (NYSE:WF)’s stock price hit a new 52-week high during trading on Monday . The company traded as high as $42.80 and last traded at $40.99, with a volume of 45806 shares trading hands. The stock had previously closed at $42.16.

Woori Financial Group Price Performance

The company has a debt-to-equity ratio of 0.87, a current ratio of 1.09 and a quick ratio of 1.09. The firm has a market capitalization of $10.13 billion, a PE ratio of 5.31, a P/E/G ratio of 0.77 and a beta of 0.98. The company has a 50-day moving average price of $36.19 and a 200-day moving average price of $34.41.

Hedge Funds Weigh In On Woori Financial Group

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Point72 Asset Management L.P. lifted its position in shares of Woori Financial Group by 148.1% in the 4th quarter. Point72 Asset Management L.P. now owns 13,400 shares of the bank’s stock worth $419,000 after buying an additional 8,000 shares during the last quarter. Bank of America Corp DE raised its stake in shares of Woori Financial Group by 19.6% during the 4th quarter. Bank of America Corp DE now owns 140,654 shares of the bank’s stock worth $4,395,000 after purchasing an additional 23,015 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of Woori Financial Group by 1,830.4% during the 4th quarter. JPMorgan Chase & Co. now owns 43,724 shares of the bank’s stock worth $1,366,000 after buying an additional 41,459 shares during the period. Jane Street Group LLC grew its position in Woori Financial Group by 288.9% during the fourth quarter. Jane Street Group LLC now owns 24,648 shares of the bank’s stock worth $770,000 after buying an additional 18,310 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in Woori Financial Group by 45.4% during the 4th quarter. Dimensional Fund Advisors LP now owns 70,121 shares of the bank’s stock valued at $2,191,000 after purchasing an additional 21,908 shares during the last quarter. Institutional investors and hedge funds own 3.41% of the company’s stock.

Woori Financial Group Company 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.