118,071 Shares in KB Financial Group Inc. (NYSE:KB) Bought by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio bought a new stake in KB Financial Group Inc. (NYSE:KB) during the 3rd quarter, Holdings Channel.com reports. The fund bought 118,071 shares of the bank’s stock, valued at approximately $7,291,000.

A number of other large investors have also added to or reduced their stakes in KB. BOCHK Asset Management Ltd bought a new stake in shares of KB Financial Group in the 3rd quarter valued at about $25,000. Benjamin F. Edwards & Company Inc. lifted its position in KB Financial Group by 66.1% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 779 shares of the bank’s stock valued at $44,000 after acquiring an additional 310 shares during the last quarter. Venturi Wealth Management LLC boosted its stake in KB Financial Group by 2,427.9% in the third quarter. Venturi Wealth Management LLC now owns 1,087 shares of the bank’s stock valued at $67,000 after acquiring an additional 1,044 shares in the last quarter. GAMMA Investing LLC grew its holdings in KB Financial Group by 36.9% in the third quarter. GAMMA Investing LLC now owns 1,279 shares of the bank’s stock worth $79,000 after purchasing an additional 345 shares during the last quarter. Finally, CWM LLC increased its position in shares of KB Financial Group by 5.7% during the third quarter. CWM LLC now owns 2,851 shares of the bank’s stock worth $176,000 after purchasing an additional 155 shares in the last quarter. 11.52% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

KB has been the subject of a number of recent analyst reports. Morgan Stanley raised KB Financial Group from an “equal weight” rating to an “overweight” rating in a research report on Thursday. StockNews.com raised KB Financial Group from a “hold” rating to a “buy” rating in a report on Tuesday, October 29th.

KB Financial Group Stock Up 1.0 %

NYSE:KB opened at $60.84 on Friday. The company has a current ratio of 1.66, a quick ratio of 1.66 and a debt-to-equity ratio of 2.29. KB Financial Group Inc. has a twelve month low of $36.57 and a twelve month high of $72.89. The company has a market cap of $23.94 billion, a PE ratio of 7.09, a P/E/G ratio of 0.53 and a beta of 0.96. The company’s 50 day moving average is $66.38 and its two-hundred day moving average is $62.66.

KB Financial Group Company Profile

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.