Natixis Advisors LLC Has $10.49 Million Stake in KB Financial Group Inc $KB

Natixis Advisors LLC grew its stake in KB Financial Group Inc (NYSE:KB) by 32.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 121,951 shares of the bank’s stock after purchasing an additional 29,555 shares during the period. Natixis Advisors LLC’s holdings in KB Financial Group were worth $10,493,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in KB. M&T Bank Corp acquired a new stake in shares of KB Financial Group in the 4th quarter valued at approximately $36,964,000. Invesco Ltd. boosted its stake in shares of KB Financial Group by 508.9% in the 2nd quarter. Invesco Ltd. now owns 152,939 shares of the bank’s stock valued at $12,631,000 after purchasing an additional 127,823 shares in the last quarter. American Century Companies Inc. boosted its stake in shares of KB Financial Group by 11.4% in the 3rd quarter. American Century Companies Inc. now owns 836,990 shares of the bank’s stock valued at $69,395,000 after purchasing an additional 85,822 shares in the last quarter. Capital International Investors boosted its stake in shares of KB Financial Group by 12.7% in the 3rd quarter. Capital International Investors now owns 757,168 shares of the bank’s stock valued at $62,735,000 after purchasing an additional 85,231 shares in the last quarter. Finally, Two Sigma Investments LP boosted its stake in shares of KB Financial Group by 82.0% in the 3rd quarter. Two Sigma Investments LP now owns 171,025 shares of the bank’s stock valued at $14,180,000 after purchasing an additional 77,048 shares in the last quarter. 11.52% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on KB shares. Wall Street Zen downgraded shares of KB Financial Group from a “buy” rating to a “hold” rating in a research note on Saturday, April 4th. Weiss Ratings restated a “buy (b)” rating on shares of KB Financial Group in a research note on Friday, March 27th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, KB Financial Group has an average rating of “Moderate Buy”.

KB Financial Group Stock Up 0.4%

Shares of NYSE KB opened at $107.86 on Friday. The company has a 50 day simple moving average of $105.36 and a 200 day simple moving average of $98.67. The firm has a market cap of $40.22 billion, a PE ratio of 9.68, a price-to-earnings-growth ratio of 0.66 and a beta of 1.01. KB Financial Group Inc has a 1 year low of $76.31 and a 1 year high of $119.71. The company has a debt-to-equity ratio of 2.47, a current ratio of 1.64 and a quick ratio of 1.64.

KB Financial Group (NYSE:KB) last issued its quarterly earnings data on Tuesday, March 31st. The bank reported $2.16 earnings per share (EPS) for the quarter. The business had revenue of $3.49 billion during the quarter. KB Financial Group had a net margin of 17.36% and a return on equity of 9.99%. On average, research analysts forecast that KB Financial Group Inc will post 11.93 EPS for the current year.

KB Financial Group Company 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.