Henry James International Management Inc. Sells 877 Shares of KB Financial Group Inc. (NYSE:KB)

Henry James International Management Inc. lowered its holdings in shares of KB Financial Group Inc. (NYSE:KB) by 1.5% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 58,757 shares of the bank’s stock after selling 877 shares during the period. Henry James International Management Inc.’s holdings in KB Financial Group were worth $2,431,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the business. Ramirez Asset Management Inc. bought a new position in shares of KB Financial Group in the third quarter valued at about $9,278,000. Raymond James & Associates acquired a new stake in KB Financial Group during the third quarter worth approximately $6,025,000. Todd Asset Management LLC boosted its holdings in shares of KB Financial Group by 26.4% during the third quarter. Todd Asset Management LLC now owns 523,641 shares of the bank’s stock worth $21,527,000 after acquiring an additional 109,468 shares during the period. Envestnet Asset Management Inc. grew its position in shares of KB Financial Group by 80.2% in the third quarter. Envestnet Asset Management Inc. now owns 156,399 shares of the bank’s stock valued at $6,430,000 after purchasing an additional 69,608 shares during the last quarter. Finally, CWA Asset Management Group LLC acquired a new position in shares of KB Financial Group in the third quarter valued at approximately $2,770,000. Institutional investors and hedge funds own 11.52% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com upgraded KB Financial Group from a “hold” rating to a “buy” rating in a research report on Wednesday, March 13th.

KB Financial Group Price Performance

KB traded up $1.43 during trading on Friday, hitting $54.11. 134,499 shares of the stock traded hands, compared to its average volume of 164,808. The business has a 50 day moving average price of $51.52 and a 200 day moving average price of $45.14. The company has a debt-to-equity ratio of 2.36, a current ratio of 1.67 and a quick ratio of 1.69. KB Financial Group Inc. has a twelve month low of $35.20 and a twelve month high of $58.52. The company has a market cap of $21.83 billion, a price-to-earnings ratio of 6.13, a PEG ratio of 0.40 and a beta of 1.01.

KB Financial Group (NYSE:KB) last posted its quarterly earnings results on Wednesday, March 6th. The bank reported $0.43 EPS for the quarter, missing analysts’ consensus estimates of $0.64 by ($0.21). KB Financial Group had a return on equity of 7.72% and a net margin of 12.94%. The business had revenue of $3.54 billion for the quarter. Equities research analysts forecast that KB Financial Group Inc. will post 9.32 earnings per share for the current fiscal 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.