Woori Financial Group (NYSE:WF) Sees Large Volume Increase

Woori Financial Group Inc. (NYSE:WF) shares saw an uptick in trading volume on Wednesday . 28,626 shares changed hands during trading, a decline of 49% from the previous session’s volume of 56,416 shares.The stock last traded at $36.04 and had previously closed at $36.22.

Woori Financial Group Stock Up 0.8 %

The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.12 and a current ratio of 0.12. The firm’s 50 day moving average price is $34.01 and its two-hundred day moving average price is $32.78. The company has a market cap of $9.00 billion, a P/E ratio of 5.10, a price-to-earnings-growth ratio of 0.43 and a beta of 1.05.

Woori Financial Group (NYSE:WF) last posted its quarterly earnings results on Wednesday, August 14th. The bank reported $2.53 earnings per share for the quarter, beating the consensus estimate of $2.18 by $0.35. The firm had revenue of $2.06 billion during the quarter. Woori Financial Group had a net margin of 11.48% and a return on equity of 7.86%. Equities research analysts anticipate that Woori Financial Group Inc. will post 8.21 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. GAMMA Investing LLC lifted its stake in shares of Woori Financial Group by 66.8% in the first quarter. GAMMA Investing LLC now owns 1,837 shares of the bank’s stock valued at $60,000 after buying an additional 736 shares in the last quarter. Lindbrook Capital LLC lifted its position in Woori Financial Group by 6.4% in the 1st quarter. Lindbrook Capital LLC now owns 5,889 shares of the bank’s stock valued at $191,000 after acquiring an additional 354 shares in the last quarter. EverSource Wealth Advisors LLC boosted its stake in Woori Financial Group by 17.5% during the 4th quarter. EverSource Wealth Advisors LLC now owns 8,197 shares of the bank’s stock valued at $248,000 after purchasing an additional 1,221 shares during the last quarter. Sivia Capital Partners LLC acquired a new position in Woori Financial Group during the 4th quarter valued at about $263,000. Finally, BSW Wealth Partners increased its holdings in Woori Financial Group by 8.7% during the 1st quarter. BSW Wealth Partners now owns 9,180 shares of the bank’s stock worth $298,000 after purchasing an additional 736 shares in the last quarter. 17.79% of the stock is owned by institutional investors and hedge funds.

About Woori Financial Group

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.