Todd Asset Management LLC bought a new stake in Woori Bank (NYSE:WF) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 63,300 shares of the bank’s stock, valued at approximately $2,951,000.
A number of other large investors also recently added to or reduced their stakes in the business. Dimensional Fund Advisors LP raised its position in Woori Bank by 0.6% in the 2nd quarter. Dimensional Fund Advisors LP now owns 31,778 shares of the bank’s stock valued at $1,547,000 after buying an additional 177 shares during the last quarter. GRATRY & Co LLC bought a new position in Woori Bank in the second quarter valued at approximately $297,000. Northern Trust Corp grew its stake in Woori Bank by 11.0% in the second quarter. Northern Trust Corp now owns 120,807 shares of the bank’s stock valued at $5,884,000 after purchasing an additional 11,974 shares in the last quarter. Finally, Parametric Portfolio Associates LLC grew its stake in Woori Bank by 15.2% in the second quarter. Parametric Portfolio Associates LLC now owns 234,009 shares of the bank’s stock valued at $11,396,000 after purchasing an additional 30,860 shares in the last quarter. 0.29% of the stock is currently owned by hedge funds and other institutional investors.
Separately, Zacks Investment Research upgraded Woori Bank from a “hold” rating to a “buy” rating and set a $56.00 price target for the company in a research note on Saturday, July 22nd.
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About Woori Bank
Woori Finance Holdings Co, Ltd. is a financial holding company. The Company serves over 24 million corporate and retail customers with a range of financial services, including commercial banking, credit card, capital market, international banking, wealth management and bancassurance services. The Company’s domestic network consists of more than 1,300 branches and 8,500 cash terminals.
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