Natixis Advisors LLC Sells 402 Shares of KB Financial Group Inc. (NYSE:KB)

Natixis Advisors LLC trimmed its holdings in KB Financial Group Inc. (NYSE:KB) by 0.9% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 43,966 shares of the bank’s stock after selling 402 shares during the quarter. Natixis Advisors LLC’s holdings in KB Financial Group were worth $2,715,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently bought and sold shares of KB. Boston Partners raised its position in shares of KB Financial Group by 195.1% in the 1st quarter. Boston Partners now owns 100,447 shares of the bank’s stock worth $5,233,000 after purchasing an additional 66,413 shares during the last quarter. Creative Planning raised its holdings in KB Financial Group by 9.5% in the third quarter. Creative Planning now owns 86,130 shares of the bank’s stock worth $5,319,000 after buying an additional 7,494 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in shares of KB Financial Group by 412.7% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 23,163 shares of the bank’s stock worth $1,430,000 after buying an additional 18,645 shares in the last quarter. Frank Rimerman Advisors LLC purchased a new stake in shares of KB Financial Group during the second quarter valued at approximately $1,084,000. Finally, CWA Asset Management Group LLC bought a new stake in shares of KB Financial Group during the third quarter valued at approximately $1,786,000. 11.52% of the stock is owned by hedge funds and other institutional investors.

KB Financial Group Stock Performance

Shares of KB stock opened at $69.93 on Monday. The company has a quick ratio of 1.66, a current ratio of 1.66 and a debt-to-equity ratio of 2.29. The company has a 50 day moving average price of $65.47 and a 200-day moving average price of $61.99. KB Financial Group Inc. has a 52 week low of $36.57 and a 52 week high of $72.89. The firm has a market capitalization of $27.52 billion, a PE ratio of 8.15, a P/E/G ratio of 0.61 and a beta of 0.97.

Analyst Ratings Changes

Separately, StockNews.com raised KB Financial Group from a “hold” rating to a “buy” rating in a research report on Tuesday, October 29th.

About KB Financial Group

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.