Pinnacle Wealth Planning Services Inc. Trims Position in Woori Financial Group Inc. (NYSE:WF)

Pinnacle Wealth Planning Services Inc. decreased its stake in shares of Woori Financial Group Inc. (NYSE:WF) by 41.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,603 shares of the bank’s stock after selling 5,976 shares during the quarter. Pinnacle Wealth Planning Services Inc.’s holdings in Woori Financial Group were worth $269,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Connor Clark & Lunn Investment Management Ltd. grew its position in shares of Woori Financial Group by 6.5% during the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 572,589 shares of the bank’s stock worth $17,893,000 after buying an additional 35,187 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in Woori Financial Group by 39.8% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 287,852 shares of the bank’s stock worth $8,995,000 after acquiring an additional 81,973 shares during the period. Bank of America Corp DE lifted its stake in Woori Financial Group by 19.6% in the fourth quarter. Bank of America Corp DE now owns 140,654 shares of the bank’s stock worth $4,395,000 after acquiring an additional 23,015 shares during the period. Marshall Wace LLP grew its holdings in Woori Financial Group by 4.5% during the 4th quarter. Marshall Wace LLP now owns 91,806 shares of the bank’s stock worth $2,869,000 after acquiring an additional 3,968 shares in the last quarter. Finally, O Shaughnessy Asset Management LLC increased its position in Woori Financial Group by 17.7% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 79,776 shares of the bank’s stock valued at $2,493,000 after purchasing an additional 12,012 shares during the period. 3.41% of the stock is owned by hedge funds and other institutional investors.

Woori Financial Group Trading Up 0.9%

NYSE:WF opened at $40.17 on Wednesday. The firm has a 50-day simple moving average of $35.78 and a 200-day simple moving average of $34.26. Woori Financial Group Inc. has a one year low of $29.44 and a one year high of $42.67. The firm has a market cap of $9.94 billion, a P/E ratio of 5.22, a P/E/G ratio of 0.77 and a beta of 0.98. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.09 and a current ratio of 1.09.

Woori Financial Group Profile

Woori Financial Group Inc, a financial holding company, operates as a commercial bank that provides a range of financial products and services to individuals, corporations, and small- and medium-sized enterprises in Korea. It operates through Banking, Credit Card, Capital, Investment Banking, and Others segments.