KB Financial Group Inc $KB Shares Sold by SG Americas Securities LLC

SG Americas Securities LLC lowered its position in shares of KB Financial Group Inc (NYSE:KB) by 83.2% in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 6,359 shares of the bank’s stock after selling 31,554 shares during the quarter. SG Americas Securities LLC’s holdings in KB Financial Group were worth $525,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. US Bancorp DE raised its holdings in KB Financial Group by 1.3% during the first quarter. US Bancorp DE now owns 20,442 shares of the bank’s stock worth $1,106,000 after purchasing an additional 272 shares in the last quarter. Parkside Financial Bank & Trust boosted its holdings in KB Financial Group by 585.7% in the 2nd quarter. Parkside Financial Bank & Trust now owns 336 shares of the bank’s stock valued at $28,000 after purchasing an additional 287 shares in the last quarter. First Horizon Advisors Inc. acquired a new position in KB Financial Group during the 2nd quarter worth approximately $25,000. PDS Planning Inc raised its stake in shares of KB Financial Group by 4.3% during the 2nd quarter. PDS Planning Inc now owns 8,373 shares of the bank’s stock worth $692,000 after buying an additional 349 shares in the last quarter. Finally, Aprio Wealth Management LLC lifted its holdings in shares of KB Financial Group by 4.9% in the 1st quarter. Aprio Wealth Management LLC now owns 9,617 shares of the bank’s stock valued at $520,000 after buying an additional 446 shares during the period. Hedge funds and other institutional investors own 11.52% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently weighed in on KB. Weiss Ratings restated a “buy (b-)” rating on shares of KB Financial Group in a research note on Monday. Wall Street Zen lowered shares of KB Financial Group from a “buy” rating to a “hold” rating in a research report on Sunday, August 10th. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat, KB Financial Group has a consensus rating of “Buy”.

KB Financial Group Stock Performance

NYSE KB opened at $85.10 on Thursday. KB Financial Group Inc has a 1-year low of $46.38 and a 1-year high of $92.39. The company has a market capitalization of $32.46 billion, a P/E ratio of 8.18, a PEG ratio of 0.65 and a beta of 1.14. The business has a 50 day moving average price of $83.06 and a 200 day moving average price of $80.69. The company has a debt-to-equity ratio of 2.36, a current ratio of 1.67 and a quick ratio of 1.67.

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.