Todd Asset Management LLC Sells 5,277 Shares of KB Financial Group Inc $KB

Todd Asset Management LLC reduced its position in shares of KB Financial Group Inc (NYSE:KB) by 0.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 554,740 shares of the bank’s stock after selling 5,277 shares during the quarter. Todd Asset Management LLC owned 0.15% of KB Financial Group worth $47,731,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Jones Financial Companies Lllp raised its position in shares of KB Financial Group by 187.4% in the third quarter. Jones Financial Companies Lllp now owns 500 shares of the bank’s stock valued at $40,000 after purchasing an additional 326 shares during the period. Leonteq Securities AG bought a new position in shares of KB Financial Group in the fourth quarter valued at about $43,000. Triumph Capital Management bought a new position in shares of KB Financial Group in the third quarter valued at about $46,000. Smartleaf Asset Management LLC raised its position in shares of KB Financial Group by 397.9% in the third quarter. Smartleaf Asset Management LLC now owns 727 shares of the bank’s stock valued at $60,000 after purchasing an additional 581 shares during the period. Finally, CIBC Private Wealth Group LLC raised its position in shares of KB Financial Group by 275.4% in the third quarter. CIBC Private Wealth Group LLC now owns 747 shares of the bank’s stock valued at $62,000 after purchasing an additional 548 shares during the period. 11.52% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. Zacks Research raised shares of KB Financial Group from a “strong sell” rating to a “hold” rating in a research report on Monday, February 2nd. Wall Street Zen lowered shares of KB Financial Group from a “buy” rating to a “hold” rating in a research report on Saturday, April 4th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of KB Financial Group in a research report on Friday, March 27th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, KB Financial Group currently has a consensus rating of “Moderate Buy”.

KB Financial Group Trading Up 0.3%

KB stock opened at $105.22 on Monday. The company has a market capitalization of $39.23 billion, a PE ratio of 9.44, a price-to-earnings-growth ratio of 0.64 and a beta of 1.06. The company has a debt-to-equity ratio of 2.47, a quick ratio of 1.64 and a current ratio of 1.64. KB Financial Group Inc has a 52 week low of $70.96 and a 52 week high of $119.71. The company’s 50-day simple moving average is $104.82 and its 200 day simple moving average is $97.57.

KB Financial Group (NYSE:KB) last announced its quarterly earnings data on Tuesday, March 31st. The bank reported $2.16 earnings per share (EPS) for the quarter. The firm had revenue of $3.49 billion for the quarter. KB Financial Group had a net margin of 17.36% and a return on equity of 9.99%. As a group, sell-side analysts anticipate that KB Financial Group Inc will post 11.93 earnings per share for the current year.

KB Financial Group Profile

KB Financial Group Inc is a South Korea-based financial holding company that offers a broad range of banking and financial services. Headquartered in Seoul and listed on the New York Stock Exchange under the ticker KB, the group operates through a set of specialized subsidiaries to provide integrated financial solutions for retail, corporate and institutional clients.

The company’s principal businesses include retail and corporate banking, securities and investment banking, insurance (life and non-life), asset management, credit card and consumer finance, and leasing.