Quantinno Capital Management LP Acquires 64,055 Shares of Woori Bank $WF

Quantinno Capital Management LP raised its holdings in shares of Woori Bank (NYSE:WF) by 47.5% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 198,920 shares of the bank’s stock after purchasing an additional 64,055 shares during the quarter. Quantinno Capital Management LP’s holdings in Woori Bank were worth $13,248,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. V Square Quantitative Management LLC bought a new position in shares of Woori Bank in the first quarter valued at about $26,000. Bessemer Group Inc. grew its stake in Woori Bank by 68.1% in the 1st quarter. Bessemer Group Inc. now owns 437 shares of the bank’s stock valued at $29,000 after buying an additional 177 shares during the last quarter. Kestra Advisory Services LLC acquired a new position in Woori Bank in the 4th quarter valued at about $43,000. Bell Investment Advisors Inc grew its stake in Woori Bank by 34.2% in the 1st quarter. Bell Investment Advisors Inc now owns 675 shares of the bank’s stock valued at $45,000 after buying an additional 172 shares during the last quarter. Finally, Smartleaf Asset Management LLC raised its holdings in Woori Bank by 551.7% in the 2nd quarter. Smartleaf Asset Management LLC now owns 984 shares of the bank’s stock valued at $48,000 after acquiring an additional 833 shares during the period. 3.41% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

WF has been the subject of a number of research analyst reports. Zacks Research upgraded Woori Bank from a “strong sell” rating to a “hold” rating in a report on Tuesday, June 23rd. Weiss Ratings cut Woori Bank from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday, June 8th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

Woori Bank Stock Performance

NYSE WF opened at $69.36 on Tuesday. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.87. The company has a market capitalization of $16.83 billion, a P/E ratio of 7.99, a P/E/G ratio of 0.65 and a beta of 1.01. Woori Bank has a 12-month low of $48.83 and a 12-month high of $84.71. The firm has a 50-day moving average price of $62.03 and a two-hundred day moving average price of $66.04.

Woori Bank Profile

Woori Bank Co, Ltd. (NYSE: WF) is a South Korean commercial bank and the principal banking unit of Woori Financial Group. Established in 2001 through the merger of Hanvit Bank and Peace Bank, the institution traces its roots to earlier banking entities that date back to the late 19th and mid-20th centuries. Headquartered in Seoul, Woori Bank operates under a universal banking model, serving both individual customers and corporate clients with a comprehensive suite of financial products and services.

The bank’s core operations encompass retail banking, corporate and investment banking, treasury services, and wealth management.