Pzena Investment Management LLC Sells 40,974 Shares of Shinhan Financial Group Co Ltd $SHG

Posted by Geri Gentry on May 22nd, 2026

Pzena Investment Management LLC decreased its holdings in Shinhan Financial Group Co Ltd (NYSE:SHG – Free Report) by 4.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 911,788 shares of the bank’s stock after selling 40,974 shares during the period. Pzena Investment Management LLC owned about 0.19% of Shinhan Financial Group worth $48,899,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Shinhan Financial Group by 1,465.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 908 shares of the bank’s stock worth $41,000 after purchasing an additional 850 shares in the last quarter. Osaic Holdings Inc. increased its holdings in shares of Shinhan Financial Group by 387.3% in the 2nd quarter. Osaic Holdings Inc. now owns 1,306 shares of the bank’s stock worth $59,000 after purchasing an additional 1,038 shares in the last quarter. Allworth Financial LP increased its holdings in shares of Shinhan Financial Group by 12.5% in the 4th quarter. Allworth Financial LP now owns 1,703 shares of the bank’s stock worth $91,000 after purchasing an additional 189 shares in the last quarter. Smartleaf Asset Management LLC increased its holdings in shares of Shinhan Financial Group by 3,831.3% in the 3rd quarter. Smartleaf Asset Management LLC now owns 1,887 shares of the bank’s stock worth $95,000 after purchasing an additional 1,839 shares in the last quarter. Finally, Westside Investment Management Inc. grew its holdings in shares of Shinhan Financial Group by 100.0% in the third quarter. Westside Investment Management Inc. now owns 2,062 shares of the bank’s stock worth $104,000 after acquiring an additional 1,031 shares during the period. Institutional investors own 7.76% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently commented on SHG. Zacks Research lowered Shinhan Financial Group from a “strong-buy” rating to a “hold” rating in a report on Monday, April 27th. Weiss Ratings raised Shinhan Financial Group from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

Read Our Latest Analysis on SHG

Shinhan Financial Group Stock Performance

Shares of SHG opened at $64.09 on Friday. The company has a debt-to-equity ratio of 1.54, a current ratio of 1.00 and a quick ratio of 1.00. Shinhan Financial Group Co Ltd has a one year low of $38.66 and a one year high of $73.40. The firm has a market capitalization of $30.42 billion, a P/E ratio of 6.96, a PEG ratio of 0.50 and a beta of 0.97. The business has a fifty day moving average of $64.42 and a 200 day moving average of $60.08.

Shinhan Financial Group (NYSE:SHG – Get Free Report) last issued its quarterly earnings data on Tuesday, March 31st. The bank reported $1.98 EPS for the quarter. Shinhan Financial Group had a return on equity of 11.02% and a net margin of 20.07%. As a group, sell-side analysts anticipate that Shinhan Financial Group Co Ltd will post 7.99 EPS for the current year.

About Shinhan Financial Group

(Free Report)

Shinhan Financial Group is a South Korea–based financial holding company headquartered in Seoul. Established in 2001 as a banking and financial services group, it brings together a range of financial subsidiaries operating under the Shinhan brand, including commercial banking, card services, life insurance, securities and asset management businesses. The group serves both retail and corporate clients and is one of the leading diversified financial institutions in Korea.

The company’s principal activities span retail and corporate banking, credit card issuance and payment services, life insurance and related protection products, brokerage and investment banking, and asset and wealth management.