Crossmark Global Holdings Inc. Sells 15,780 Shares of Shinhan Financial Group Co., Ltd. (NYSE:SHG)

Crossmark Global Holdings Inc. trimmed its stake in Shinhan Financial Group Co., Ltd. (NYSE:SHG) by 40.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 23,490 shares of the bank’s stock after selling 15,780 shares during the period. Crossmark Global Holdings Inc.’s holdings in Shinhan Financial Group were worth $996,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of SHG. Caprock Group LLC raised its stake in shares of Shinhan Financial Group by 2.1% in the second quarter. Caprock Group LLC now owns 13,785 shares of the bank’s stock valued at $480,000 after acquiring an additional 286 shares during the last quarter. Profund Advisors LLC raised its position in Shinhan Financial Group by 3.5% in the 2nd quarter. Profund Advisors LLC now owns 9,537 shares of the bank’s stock valued at $332,000 after purchasing an additional 323 shares during the last quarter. Oppenheimer Asset Management Inc. boosted its stake in Shinhan Financial Group by 6.2% in the second quarter. Oppenheimer Asset Management Inc. now owns 7,224 shares of the bank’s stock worth $251,000 after purchasing an additional 421 shares in the last quarter. EverSource Wealth Advisors LLC grew its holdings in shares of Shinhan Financial Group by 6.4% during the second quarter. EverSource Wealth Advisors LLC now owns 7,368 shares of the bank’s stock worth $256,000 after purchasing an additional 445 shares during the last quarter. Finally, Aaron Wealth Advisors LLC increased its stake in shares of Shinhan Financial Group by 8.1% in the third quarter. Aaron Wealth Advisors LLC now owns 7,338 shares of the bank’s stock valued at $311,000 after buying an additional 548 shares in the last quarter. 7.76% of the stock is currently owned by institutional investors.

Shinhan Financial Group Stock Up 0.2 %

Shares of NYSE SHG opened at $39.65 on Friday. Shinhan Financial Group Co., Ltd. has a 12-month low of $27.09 and a 12-month high of $46.05. The firm’s 50-day simple moving average is $41.38 and its 200 day simple moving average is $38.86. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 1.50. The company has a market cap of $20.20 billion, a price-to-earnings ratio of 6.22, a price-to-earnings-growth ratio of 0.64 and a beta of 0.93.

Shinhan Financial Group (NYSE:SHG) last announced its earnings results on Friday, October 25th. The bank reported $1.76 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.74 by $0.02. The company had revenue of $3.11 billion for the quarter. Shinhan Financial Group had a net margin of 12.21% and a return on equity of 7.24%. On average, research analysts expect that Shinhan Financial Group Co., Ltd. will post 6.32 earnings per share for the current fiscal year.

Shinhan Financial Group Profile

Shinhan Financial Group Co, Ltd. provides financial products and services in South Korea and internationally. The company operates through six segments: Banking, Credit Card, Securities, Insurance, Credit, and Others. It offers retail banking services, including demand, savings, and fixed deposit-taking; checking accounts; mortgage and home equity, and retail lending; electronic banking and automatic teller machines (ATM); and bill paying, payroll and check-cashing, currency exchange, and wire fund transfer services.