Woori Financial Group Inc. (NYSE:WF) Holdings Raised by Janiczek Wealth Management LLC

Janiczek Wealth Management LLC lifted its stake in shares of Woori Financial Group Inc. (NYSE:WF) by 47.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,077 shares of the bank’s stock after purchasing an additional 346 shares during the quarter. Janiczek Wealth Management LLC’s holdings in Woori Financial Group were worth $33,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Captrust Financial Advisors bought a new stake in Woori Financial Group in the first quarter worth about $28,000. Citigroup Inc. raised its position in Woori Financial Group by 209.2% in the third quarter. Citigroup Inc. now owns 971 shares of the bank’s stock worth $27,000 after acquiring an additional 657 shares in the last quarter. Credit Suisse AG bought a new stake in Woori Financial Group in the second quarter worth about $48,000. Ronald Blue Trust Inc. raised its position in Woori Financial Group by 114.0% in the third quarter. Ronald Blue Trust Inc. now owns 2,746 shares of the bank’s stock worth $74,000 after acquiring an additional 1,463 shares in the last quarter. Finally, UBS Group AG raised its position in Woori Financial Group by 12.8% in the first quarter. UBS Group AG now owns 3,156 shares of the bank’s stock worth $119,000 after acquiring an additional 359 shares in the last quarter. 17.79% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Separately, Bank of America raised shares of Woori Financial Group from a “neutral” rating to a “buy” rating in a research note on Tuesday, January 16th.

Woori Financial Group Price Performance

WF stock opened at $29.02 on Friday. The company has a current ratio of 1.05, a quick ratio of 1.07 and a debt-to-equity ratio of 0.93. Woori Financial Group Inc. has a one year low of $24.94 and a one year high of $36.17. The firm has a market capitalization of $7.27 billion, a PE ratio of 3.89, a P/E/G ratio of 0.38 and a beta of 1.04. The firm has a 50-day moving average of $33.06 and a two-hundred day moving average of $30.36.

Woori Financial Group (NYSE:WF) last posted its quarterly earnings data on Thursday, February 29th. The bank reported $0.06 EPS for the quarter, missing analysts’ consensus estimates of $0.94 by ($0.88). Woori Financial Group had a net margin of 10.81% and a return on equity of 7.31%. The firm had revenue of $2.13 billion for the quarter. On average, analysts forecast that Woori Financial Group Inc. will post 8.04 earnings per share for the current year.

Woori Financial Group Announces Dividend

The firm also recently announced an annual dividend, which was paid on Thursday, March 28th. Stockholders of record on Monday, April 1st were issued a $1.1918 dividend. The ex-dividend date of this dividend was Thursday, March 28th. This represents a dividend yield of 5.3%. Woori Financial Group’s dividend payout ratio is 62.73%.

Woori Financial Group Company Profile

Woori Financial Group Inc, together with its subsidiaries, operates as a commercial bank that provides a range of financial services to individual, business, and institutional customers in Korea. It operates through Banking, Credit Card, Capital, Investment Banking, and Others segments. The company offers savings, demand, and installment deposits; time deposits, certificates of deposit, and repurchase instruments; and working capital, facilities, general purpose household, mortgage, and home equity loans.