KB Financial Group, Inc. (NYSE:KB) Holdings Cut by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC lowered its stake in shares of KB Financial Group, Inc. (NYSE:KB) by 7.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 6,700 shares of the bank’s stock after selling 520 shares during the quarter. Segall Bryant & Hamill LLC’s holdings in KB Financial Group were worth $281,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Amundi Pioneer Asset Management Inc. boosted its position in KB Financial Group by 96.1% during the fourth quarter. Amundi Pioneer Asset Management Inc. now owns 46,121 shares of the bank’s stock worth $1,936,000 after purchasing an additional 22,600 shares in the last quarter. Candriam Luxembourg S.C.A. purchased a new position in KB Financial Group during the fourth quarter worth approximately $724,000. Barclays PLC boosted its position in KB Financial Group by 29,240.5% during the fourth quarter. Barclays PLC now owns 10,856 shares of the bank’s stock worth $456,000 after purchasing an additional 10,819 shares in the last quarter. PRW Wealth Management LLC purchased a new position in KB Financial Group during the fourth quarter worth approximately $46,000. Finally, Stifel Financial Corp boosted its position in KB Financial Group by 7.4% during the fourth quarter. Stifel Financial Corp now owns 9,940 shares of the bank’s stock worth $413,000 after purchasing an additional 682 shares in the last quarter. 6.12% of the stock is currently owned by hedge funds and other institutional investors.

A number of brokerages have issued reports on KB. Zacks Investment Research downgraded KB Financial Group from a “hold” rating to a “sell” rating in a research report on Friday, February 1st. Goldman Sachs Group began coverage on KB Financial Group in a research report on Sunday, March 31st. They set a “buy” rating on the stock. Finally, CLSA upgraded KB Financial Group from an “underperform” rating to an “outperform” rating in a research report on Wednesday, March 27th. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the company. KB Financial Group presently has a consensus rating of “Hold” and an average price target of $61.00.

Shares of NYSE KB traded down $1.79 during midday trading on Wednesday, hitting $38.68. The stock had a trading volume of 176,300 shares, compared to its average volume of 184,776. The company has a market cap of $15.64 billion, a PE ratio of 5.21, a price-to-earnings-growth ratio of 1.24 and a beta of 0.75. KB Financial Group, Inc. has a 1 year low of $35.89 and a 1 year high of $57.10. The company has a debt-to-equity ratio of 2.42, a current ratio of 1.64 and a quick ratio of 1.65.

The company also recently announced an annual dividend, which was paid on Tuesday, April 16th. Stockholders of record on Friday, December 28th were given a $1.375 dividend. The ex-dividend date of this dividend was Thursday, December 27th. This represents a dividend yield of 3.46%. KB Financial Group’s dividend payout ratio (DPR) is presently 18.44%.

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KB Financial Group Company Profile

KB Financial Group Inc, a financial holding company, provides a range of banking and related financial services to consumers and corporations in South Korea and internationally. It operates through Corporate Banking, Retail Banking, Other Banking Services, Securities Business, Non-life Insurance Business, Credit Card Business, and Life Insurance Business segments.

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Institutional Ownership by Quarter for KB Financial Group (NYSE:KB)

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