Mirabella Financial Services LLP Takes $5 Million Position in KB Financial Group Inc. (NYSE:KB)

Mirabella Financial Services LLP bought a new position in shares of KB Financial Group Inc. (NYSE:KB) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 88,096 shares of the bank’s stock, valued at approximately $5,000,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Stifel Financial Corp grew its holdings in KB Financial Group by 1.5% in the 3rd quarter. Stifel Financial Corp now owns 21,371 shares of the bank’s stock valued at $1,320,000 after buying an additional 308 shares in the last quarter. Sanctuary Advisors LLC grew its stake in shares of KB Financial Group by 11.8% in the third quarter. Sanctuary Advisors LLC now owns 10,243 shares of the bank’s stock valued at $633,000 after acquiring an additional 1,085 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new position in KB Financial Group during the third quarter worth about $35,000. Aprio Wealth Management LLC raised its stake in KB Financial Group by 14.6% in the 4th quarter. Aprio Wealth Management LLC now owns 9,171 shares of the bank’s stock worth $522,000 after purchasing an additional 1,171 shares in the last quarter. Finally, Gilman Hill Asset Management LLC boosted its holdings in KB Financial Group by 1.5% in the 4th quarter. Gilman Hill Asset Management LLC now owns 67,138 shares of the bank’s stock valued at $3,820,000 after purchasing an additional 961 shares during the period. Institutional investors and hedge funds own 11.52% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of KB Financial Group from a “hold” rating to a “buy” rating in a research report on Friday.

KB Financial Group Stock Performance

KB opened at $56.32 on Friday. The company has a debt-to-equity ratio of 2.29, a quick ratio of 1.66 and a current ratio of 1.66. KB Financial Group Inc. has a 52-week low of $46.38 and a 52-week high of $72.89. The firm has a market cap of $22.16 billion, a P/E ratio of 6.56, a price-to-earnings-growth ratio of 0.52 and a beta of 0.92. The business’s fifty day moving average is $54.53 and its 200-day moving average is $60.28.

KB Financial Group (NYSE:KB) last released its earnings results on Wednesday, March 5th. The bank reported $1.21 EPS for the quarter. KB Financial Group had a net margin of 12.33% and a return on equity of 7.71%. The firm had revenue of $2.94 billion for the quarter. Sell-side analysts expect that KB Financial Group Inc. will post 8.87 EPS for the current fiscal year.

KB Financial Group 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.