Sequoia Financial Advisors LLC grew its position in shares of Woori Bank (NYSE:WF – Free Report) by 21.8% during the second quarter, HoldingsChannel reports. The firm owned 48,470 shares of the bank’s stock after buying an additional 8,691 shares during the period. Sequoia Financial Advisors LLC’s holdings in Woori Bank were worth $2,782,000 as of its most recent SEC filing.
Other institutional investors have also made changes to their positions in the company. TD Private Client Wealth LLC grew its holdings in Woori Bank by 14.6% during the 4th quarter. TD Private Client Wealth LLC now owns 1,262 shares of the bank’s stock valued at $74,000 after purchasing an additional 161 shares in the last quarter. Smartleaf Asset Management LLC increased its stake in Woori Bank by 9.5% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,914 shares of the bank’s stock worth $113,000 after buying an additional 166 shares during the period. Bell Investment Advisors Inc lifted its holdings in Woori Bank by 34.2% in the 1st quarter. Bell Investment Advisors Inc now owns 675 shares of the bank’s stock worth $45,000 after buying an additional 172 shares in the last quarter. Bessemer Group Inc. lifted its holdings in Woori Bank by 68.1% in the 1st quarter. Bessemer Group Inc. now owns 437 shares of the bank’s stock worth $29,000 after buying an additional 177 shares in the last quarter. Finally, Allworth Financial LP boosted its position in Woori Bank by 12.4% in the 4th quarter. Allworth Financial LP now owns 1,693 shares of the bank’s stock valued at $100,000 after buying an additional 187 shares during the last quarter. 3.41% of the stock is owned by institutional investors and hedge funds.
Woori Bank Stock Performance
Shares of Woori Bank stock opened at $78.97 on Monday. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.16 and a current ratio of 1.16. Woori Bank has a 1 year low of $48.83 and a 1 year high of $84.71. The firm’s 50-day simple moving average is $68.88 and its 200-day simple moving average is $66.82. The firm has a market cap of $19.40 billion, a PE ratio of 9.10, a price-to-earnings-growth ratio of 0.75 and a beta of 1.02.
Wall Street Analysts Forecast Growth
Several research analysts recently commented on WF shares. Zacks Research upgraded Woori Bank from a “strong sell” rating to a “hold” rating in a research note on Tuesday, June 23rd. Weiss Ratings restated a “buy (b-)” rating on shares of Woori Bank in a report on Friday, September 4th. 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”.
View Our Latest Stock Report on WF
About Woori Bank
Woori Bank is a commercial bank headquartered in Seoul, South Korea, and a principal banking subsidiary of Woori Financial Group. The institution traces its roots to Daehan Cheon-il Bank, established in 1899, and has developed into one of South Korea’s major banking organizations.
Woori Bank provides financial services to individual, business and institutional customers. Its offerings include deposit accounts, consumer and commercial lending, mortgages, credit cards, wealth management, foreign-exchange services, investment banking and other financial products.
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