KB Financial Group Inc. (NYSE:KB) Shares Sold by Atlas Capital Advisors Inc.

Atlas Capital Advisors Inc. cut its position in KB Financial Group Inc. (NYSE:KB) by 15.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 9,188 shares of the bank’s stock after selling 1,688 shares during the period. Atlas Capital Advisors Inc.’s holdings in KB Financial Group were worth $523,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of KB. FMR LLC raised its position in shares of KB Financial Group by 121.6% during the 3rd quarter. FMR LLC now owns 33,642 shares of the bank’s stock worth $2,077,000 after acquiring an additional 18,459 shares in the last quarter. BNP Paribas Financial Markets raised its holdings in KB Financial Group by 23.4% during the third quarter. BNP Paribas Financial Markets now owns 12,319 shares of the bank’s stock worth $761,000 after purchasing an additional 2,337 shares in the last quarter. Townsquare Capital LLC purchased a new stake in shares of KB Financial Group during the 3rd quarter worth approximately $338,000. Glenmede Trust Co. NA acquired a new position in shares of KB Financial Group in the 3rd quarter valued at $236,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of KB Financial Group by 46.6% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 93,850 shares of the bank’s stock valued at $5,795,000 after buying an additional 29,850 shares during the last quarter. 11.52% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts have issued reports on KB shares. Morgan Stanley upgraded shares of KB Financial Group from an “equal weight” rating to an “overweight” rating in a research note on Thursday, December 12th. StockNews.com raised KB Financial Group from a “hold” rating to a “buy” rating in a research report on Wednesday.

KB Financial Group Stock Performance

Shares of KB opened at $51.57 on Friday. The company’s 50 day simple moving average is $56.56 and its 200-day simple moving average is $61.08. The firm has a market cap of $20.29 billion, a PE ratio of 6.01, a price-to-earnings-growth ratio of 0.52 and a beta of 0.99. KB Financial Group Inc. has a 12-month low of $45.59 and a 12-month high of $72.89. The company has a current ratio of 1.66, a quick ratio of 1.66 and a debt-to-equity ratio of 2.29.

KB Financial Group (NYSE:KB) last issued its quarterly earnings data on Wednesday, March 5th. The bank reported $1.21 earnings per share (EPS) for the quarter. KB Financial Group had a net margin of 12.33% and a return on equity of 7.71%. The company had revenue of $2.94 billion for the quarter. As a group, equities analysts predict that KB Financial Group Inc. will post 8.87 EPS for the current year.

KB Financial Group Profile

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.