Atria Investments Inc Has $791,000 Holdings in KB Financial Group Inc $KB

Atria Investments Inc grew its position in shares of KB Financial Group Inc (NYSE:KB) by 53.0% in the 2nd quarter, HoldingsChannel reports. The fund owned 9,581 shares of the bank’s stock after buying an additional 3,319 shares during the period. Atria Investments Inc’s holdings in KB Financial Group were worth $791,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of KB. Hantz Financial Services Inc. raised its position in KB Financial Group by 817.9% in the 2nd quarter. Hantz Financial Services Inc. now owns 771 shares of the bank’s stock valued at $64,000 after buying an additional 687 shares during the last quarter. GAMMA Investing LLC grew its stake in shares of KB Financial Group by 105.6% in the 2nd quarter. GAMMA Investing LLC now owns 1,836 shares of the bank’s stock worth $152,000 after acquiring an additional 943 shares in the last quarter. Farther Finance Advisors LLC raised its holdings in shares of KB Financial Group by 215.2% in the second quarter. Farther Finance Advisors LLC now owns 2,134 shares of the bank’s stock valued at $176,000 after purchasing an additional 1,457 shares during the last quarter. Vontobel Holding Ltd. purchased a new stake in shares of KB Financial Group in the second quarter valued at about $211,000. Finally, Verdence Capital Advisors LLC bought a new position in shares of KB Financial Group during the second quarter valued at about $217,000. 11.52% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts recently commented on KB shares. Wall Street Zen downgraded KB Financial Group from a “buy” rating to a “hold” rating in a research report on Sunday, August 10th. Weiss Ratings restated a “buy (b)” rating on shares of KB Financial Group in a research note on Wednesday, October 8th. Two equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company presently has an average rating of “Buy”.

KB Financial Group Stock Down 2.2%

Shares of NYSE:KB opened at $84.42 on Friday. The stock’s 50-day moving average is $81.93 and its 200 day moving average is $78.50. The company has a market cap of $32.20 billion, a PE ratio of 8.11, a P/E/G ratio of 0.65 and a beta of 1.14. The company has a debt-to-equity ratio of 2.36, a current ratio of 1.67 and a quick ratio of 1.67. KB Financial Group Inc has a 1 year low of $46.38 and a 1 year high of $92.39.

KB Financial Group (NYSE:KB) last announced its earnings results on Thursday, August 14th. The bank reported $3.16 EPS for the quarter, beating analysts’ consensus estimates of $3.15 by $0.01. The firm had revenue of $3.32 billion for the quarter, compared to analysts’ expectations of $3.20 billion. KB Financial Group had a net margin of 16.16% and a return on equity of 9.79%. Sell-side analysts anticipate that KB Financial Group Inc will post 8.87 EPS for the current year.

About KB Financial Group

KB Financial Group Inc provides a range of banking and related financial services to consumers and corporations in South Korea, the United States, New Zealand, China, Cambodia, the United Kingdom, Indonesia, and internationally. The company operates through Retail Banking, Corporate Banking, Other Banking Services, Credit Card, Securities, Life Insurance, and Non-Life Insurance segments.