Henry James International Management Inc. Lowers Holdings in KB Financial Group Inc. (NYSE:KB)

Henry James International Management Inc. lowered its position in shares of KB Financial Group Inc. (NYSE:KB) by 1.5% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 58,757 shares of the bank’s stock after selling 877 shares during the quarter. Henry James International Management Inc.’s holdings in KB Financial Group were worth $2,431,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in KB. American Century Companies Inc. lifted its holdings in shares of KB Financial Group by 9.5% in the 3rd quarter. American Century Companies Inc. now owns 391,861 shares of the bank’s stock valued at $16,109,000 after buying an additional 33,884 shares during the period. Trinity Street Asset Management LLP boosted its stake in shares of KB Financial Group by 3.1% during the 4th quarter. Trinity Street Asset Management LLP now owns 2,151,024 shares of the bank’s stock worth $88,988,000 after acquiring an additional 65,402 shares in the last quarter. Vanguard Personalized Indexing Management LLC grew its holdings in KB Financial Group by 54.5% in the third quarter. Vanguard Personalized Indexing Management LLC now owns 65,235 shares of the bank’s stock valued at $2,682,000 after purchasing an additional 23,016 shares during the last quarter. Altrinsic Global Advisors LLC grew its stake in KB Financial Group by 46.9% in the 3rd quarter. Altrinsic Global Advisors LLC now owns 111,820 shares of the bank’s stock valued at $4,597,000 after acquiring an additional 35,692 shares during the last quarter. Finally, Teachers Retirement System of The State of Kentucky increased its stake in shares of KB Financial Group by 27.0% during the 3rd quarter. Teachers Retirement System of The State of Kentucky now owns 272,730 shares of the bank’s stock worth $11,212,000 after purchasing an additional 58,000 shares in the last quarter. Institutional investors and hedge funds own 11.52% of the company’s stock.

KB Financial Group Trading Up 2.7 %

KB stock traded up $1.43 during midday trading on Friday, hitting $54.11. The stock had a trading volume of 134,499 shares, compared to its average volume of 164,808. KB Financial Group Inc. has a 12-month low of $35.20 and a 12-month high of $58.52. The firm has a market cap of $21.83 billion, a PE ratio of 6.13, a price-to-earnings-growth ratio of 0.40 and a beta of 1.01. The company’s 50-day moving average price is $51.52 and its 200 day moving average price is $45.14. The company has a debt-to-equity ratio of 2.36, a current ratio of 1.67 and a quick ratio of 1.69.

KB Financial Group (NYSE:KB) last released its earnings results on Wednesday, March 6th. The bank reported $0.43 EPS for the quarter, missing the consensus estimate of $0.64 by ($0.21). KB Financial Group had a net margin of 12.94% and a return on equity of 7.72%. The business had revenue of $3.54 billion during the quarter. On average, equities research analysts predict that KB Financial Group Inc. will post 9.32 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, StockNews.com upgraded KB Financial Group from a “hold” rating to a “buy” rating in a research report on Wednesday, March 13th.

About KB Financial Group

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.