Sei Investments Co. Trims Position in Woori Bank $WF

Sei Investments Co. reduced its position in Woori Bank (NYSE:WF) by 91.2% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 5,112 shares of the bank’s stock after selling 52,656 shares during the period. Sei Investments Co.’s holdings in Woori Bank were worth $341,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. V Square Quantitative Management LLC purchased a new position in shares of Woori Bank during the 1st quarter worth $26,000. Bessemer Group Inc. grew its position in shares of Woori Bank by 68.1% in the first quarter. Bessemer Group Inc. now owns 437 shares of the bank’s stock valued at $29,000 after purchasing an additional 177 shares during the period. Kestra Advisory Services LLC purchased a new stake in shares of Woori Bank in the fourth quarter valued at $43,000. Bell Investment Advisors Inc increased its stake in Woori Bank by 34.2% in the first quarter. Bell Investment Advisors Inc now owns 675 shares of the bank’s stock valued at $45,000 after purchasing an additional 172 shares during the last quarter. Finally, Smartleaf Asset Management LLC increased its stake in Woori Bank by 551.7% in the second quarter. Smartleaf Asset Management LLC now owns 984 shares of the bank’s stock valued at $48,000 after purchasing an additional 833 shares during the last quarter. 3.41% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

WF has been the topic of several recent analyst reports. Weiss Ratings downgraded Woori Bank from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday, June 8th. Zacks Research raised shares of Woori Bank from a “strong sell” rating to a “hold” rating in a research note on Tuesday, June 23rd. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

Woori Bank Trading Down 0.2%

Shares of WF opened at $71.19 on Monday. Woori Bank has a twelve month low of $48.83 and a twelve month high of $84.71. The firm has a market capitalization of $17.28 billion, a P/E ratio of 8.20, a price-to-earnings-growth ratio of 0.68 and a beta of 1.01. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.87. The stock’s fifty day simple moving average is $63.74 and its 200 day simple moving average is $66.77.

Woori Bank Company Profile

Woori Bank Co, Ltd. (NYSE: WF) is a South Korean commercial bank and the principal banking unit of Woori Financial Group. Established in 2001 through the merger of Hanvit Bank and Peace Bank, the institution traces its roots to earlier banking entities that date back to the late 19th and mid-20th centuries. Headquartered in Seoul, Woori Bank operates under a universal banking model, serving both individual customers and corporate clients with a comprehensive suite of financial products and services.

The bank’s core operations encompass retail banking, corporate and investment banking, treasury services, and wealth management.