US Bancorp DE Has $2.05 Million Position in Woori Bank $WF

US Bancorp DE lifted its position in shares of Woori Bank (NYSE:WF) by 9.1% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 41,310 shares of the bank’s stock after purchasing an additional 3,446 shares during the quarter. US Bancorp DE’s holdings in Woori Bank were worth $2,054,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. HighTower Advisors LLC acquired a new position in shares of Woori Bank during the first quarter worth about $207,000. Canopy Partners LLC acquired a new position in shares of Woori Bank during the first quarter worth about $201,000. Abacus Wealth Partners LLC acquired a new position in shares of Woori Bank during the first quarter worth about $249,000. Aaron Wealth Advisors LLC acquired a new position in shares of Woori Bank during the second quarter worth about $306,000. Finally, Cerity Partners LLC boosted its position in shares of Woori Bank by 68.0% during the first quarter. Cerity Partners LLC now owns 68,203 shares of the bank’s stock worth $2,277,000 after buying an additional 27,616 shares during the period. 3.41% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Woori Bank in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Woori Bank presently has a consensus rating of “Buy”.

Woori Bank Price Performance

Shares of NYSE WF opened at $54.20 on Thursday. The firm has a market cap of $13.41 billion, a P/E ratio of 6.83, a price-to-earnings-growth ratio of 0.94 and a beta of 1.14. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.88. Woori Bank has a 1-year low of $29.44 and a 1-year high of $57.97. The business’s 50 day moving average is $55.05 and its 200-day moving average is $47.35.

Woori Bank (NYSE:WF) last posted its quarterly earnings data on Friday, July 25th. The bank reported $2.63 EPS for the quarter, missing analysts’ consensus estimates of $3,574.37 by ($3,571.74). Woori Bank had a return on equity of 8.30% and a net margin of 11.84%.The company had revenue of $2 billion for the quarter, compared to the consensus estimate of $2,790.97 billion. Equities research analysts predict that Woori Bank will post 8.24 earnings per share for the current year.

Woori Bank 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.