Natixis Advisors LLC Acquires 29,555 Shares of KB Financial Group Inc $KB

Natixis Advisors LLC increased its holdings in shares of KB Financial Group Inc (NYSE:KB) by 32.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 121,951 shares of the bank’s stock after acquiring an additional 29,555 shares during the quarter. Natixis Advisors LLC’s holdings in KB Financial Group were worth $10,493,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Capital International Investors increased its position in KB Financial Group by 12.7% during the third quarter. Capital International Investors now owns 757,168 shares of the bank’s stock worth $62,735,000 after acquiring an additional 85,231 shares during the period. Todd Asset Management LLC increased its position in KB Financial Group by 5.9% during the third quarter. Todd Asset Management LLC now owns 560,017 shares of the bank’s stock worth $46,432,000 after acquiring an additional 31,230 shares during the period. Caprock Group LLC bought a new position in KB Financial Group during the third quarter worth about $1,396,000. Advisors Preferred LLC bought a new position in KB Financial Group during the third quarter worth about $391,000. Finally, Advisors Asset Management Inc. increased its position in KB Financial Group by 30.5% during the third quarter. Advisors Asset Management Inc. now owns 19,305 shares of the bank’s stock worth $1,601,000 after acquiring an additional 4,509 shares during the period. 11.52% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts recently commented on KB shares. Wall Street Zen lowered shares of KB Financial Group from a “buy” rating to a “hold” rating in a research report on Saturday, April 4th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of KB Financial Group in a research report on Friday, March 27th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

KB Financial Group Trading Up 0.4%

Shares of KB Financial Group stock opened at $107.86 on Friday. The company has a market capitalization of $40.22 billion, a price-to-earnings ratio of 9.68, a PEG ratio of 0.66 and a beta of 1.01. The company has a quick ratio of 1.64, a current ratio of 1.64 and a debt-to-equity ratio of 2.47. KB Financial Group Inc has a 12-month low of $76.31 and a 12-month high of $119.71. The firm’s 50-day moving average price is $105.36 and its two-hundred day moving average price is $98.67.

KB Financial Group (NYSE:KB) last announced its quarterly earnings data on Tuesday, March 31st. The bank reported $2.16 earnings per share (EPS) for the quarter. The firm had revenue of $3.49 billion for the quarter. KB Financial Group had a net margin of 17.36% and a return on equity of 9.99%. On average, analysts forecast that KB Financial Group Inc will post 11.93 earnings per share for the current fiscal year.

About KB Financial Group

KB Financial Group Inc is a South Korea-based financial holding company that offers a broad range of banking and financial services. Headquartered in Seoul and listed on the New York Stock Exchange under the ticker KB, the group operates through a set of specialized subsidiaries to provide integrated financial solutions for retail, corporate and institutional clients.

The company’s principal businesses include retail and corporate banking, securities and investment banking, insurance (life and non-life), asset management, credit card and consumer finance, and leasing.