Woori Financial Group (NYSE:WF) Stock Price Up 4.3%

Woori Financial Group Inc. (NYSE:WF) rose 4.3% during mid-day trading on Monday . The company traded as high as $30.97 and last traded at $30.97. Approximately 14,614 shares changed hands during mid-day trading, a decline of 71% from the average daily volume of 50,304 shares. The stock had previously closed at $29.69.

Analyst Upgrades and Downgrades

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

Woori Financial Group Stock Up 1.0 %

The company has a debt-to-equity ratio of 0.93, a current ratio of 1.05 and a quick ratio of 1.07. The stock’s fifty day simple moving average is $32.65 and its 200-day simple moving average is $30.49. The stock has a market cap of $7.71 billion, a P/E ratio of 4.18, a PEG ratio of 0.41 and a beta of 1.04.

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

Woori Financial Group Dividend Announcement

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

Institutional Investors Weigh In On Woori Financial Group

Several large investors have recently made changes to their positions in the company. Janiczek Wealth Management LLC increased its stake in shares of Woori Financial Group by 47.3% in the fourth quarter. Janiczek Wealth Management LLC now owns 1,077 shares of the bank’s stock valued at $33,000 after purchasing an additional 346 shares during the period. EverSource Wealth Advisors LLC increased its stake in shares of Woori Financial Group by 6.2% in the third quarter. EverSource Wealth Advisors LLC now owns 6,976 shares of the bank’s stock valued at $191,000 after purchasing an additional 409 shares during the period. PNC Financial Services Group Inc. increased its stake in shares of Woori Financial Group by 2.5% in the fourth quarter. PNC Financial Services Group Inc. now owns 17,336 shares of the bank’s stock valued at $524,000 after purchasing an additional 415 shares during the period. PDS Planning Inc increased its stake in shares of Woori Financial Group by 4.0% in the third quarter. PDS Planning Inc now owns 11,370 shares of the bank’s stock valued at $312,000 after purchasing an additional 441 shares during the period. Finally, Lindbrook Capital LLC increased its stake in shares of Woori Financial Group by 14.0% during the fourth quarter. Lindbrook Capital LLC now owns 5,535 shares of the bank’s stock valued at $167,000 after acquiring an additional 679 shares during the period. Institutional investors and hedge funds own 17.79% of the company’s stock.

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.