Promethos Capital LLC Buys 1,900 Shares of Shinhan Financial Group Co., Ltd. (NYSE:SHG)

Promethos Capital LLC increased its stake in shares of Shinhan Financial Group Co., Ltd. (NYSE:SHG) by 1.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 197,716 shares of the bank’s stock after acquiring an additional 1,900 shares during the quarter. Shinhan Financial Group makes up 2.3% of Promethos Capital LLC’s investment portfolio, making the stock its 15th largest position. Promethos Capital LLC’s holdings in Shinhan Financial Group were worth $6,501,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also bought and sold shares of the company. Stifel Financial Corp grew its holdings in shares of Shinhan Financial Group by 121.8% in the third quarter. Stifel Financial Corp now owns 27,782 shares of the bank’s stock worth $1,177,000 after purchasing an additional 15,256 shares during the last quarter. AMG National Trust Bank purchased a new position in shares of Shinhan Financial Group in the fourth quarter valued at about $1,009,000. Sanctuary Advisors LLC raised its stake in shares of Shinhan Financial Group by 8.7% during the third quarter. Sanctuary Advisors LLC now owns 9,210 shares of the bank’s stock valued at $366,000 after acquiring an additional 735 shares during the last quarter. Yousif Capital Management LLC boosted its holdings in shares of Shinhan Financial Group by 514.6% during the fourth quarter. Yousif Capital Management LLC now owns 47,176 shares of the bank’s stock worth $1,551,000 after purchasing an additional 39,500 shares during the period. Finally, Blue Trust Inc. grew its stake in shares of Shinhan Financial Group by 33.8% in the fourth quarter. Blue Trust Inc. now owns 72,898 shares of the bank’s stock worth $2,397,000 after purchasing an additional 18,402 shares during the last quarter. 7.76% of the stock is owned by hedge funds and other institutional investors.

Shinhan Financial Group Stock Up 5.7 %

Shares of NYSE:SHG opened at $32.49 on Monday. Shinhan Financial Group Co., Ltd. has a 1 year low of $28.76 and a 1 year high of $46.05. The company has a debt-to-equity ratio of 1.53, a current ratio of 1.04 and a quick ratio of 1.04. The stock’s 50-day moving average is $32.55 and its 200 day moving average is $35.85. The company has a market cap of $16.35 billion, a PE ratio of 5.10, a P/E/G ratio of 0.44 and a beta of 0.85.

Shinhan Financial Group (NYSE:SHG) last announced its earnings results on Tuesday, March 4th. The bank reported $1.94 EPS for the quarter. The company had revenue of $2.82 billion during the quarter. Shinhan Financial Group had a return on equity of 7.34% and a net margin of 12.21%. Sell-side analysts anticipate that Shinhan Financial Group Co., Ltd. will post 5.97 EPS for the current year.

About Shinhan Financial Group

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.