Gilman Hill Asset Management LLC Has $3.82 Million Holdings in KB Financial Group Inc. (NYSE:KB)

Gilman Hill Asset Management LLC boosted its position in shares of KB Financial Group Inc. (NYSE:KB) by 1.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 67,138 shares of the bank’s stock after acquiring an additional 961 shares during the period. Gilman Hill Asset Management LLC’s holdings in KB Financial Group were worth $3,820,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the company. BOCHK Asset Management Ltd bought a new stake in KB Financial Group during the 3rd quarter valued at approximately $25,000. Wilmington Savings Fund Society FSB acquired a new position in shares of KB Financial Group during the third quarter worth approximately $35,000. Benjamin F. Edwards & Company Inc. boosted its position in shares of KB Financial Group by 66.1% in 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 period. Venturi Wealth Management LLC increased its position in KB Financial Group by 2,427.9% during the third quarter. Venturi Wealth Management LLC now owns 1,087 shares of the bank’s stock worth $67,000 after acquiring an additional 1,044 shares during the period. Finally, GAMMA Investing LLC raised its stake in KB Financial Group by 36.9% during the 3rd quarter. GAMMA Investing LLC now owns 1,279 shares of the bank’s stock valued at $79,000 after purchasing an additional 345 shares during the last quarter. 11.52% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on KB. StockNews.com upgraded shares of KB Financial Group from a “hold” rating to a “buy” rating in a report on Tuesday, October 29th. Morgan Stanley upgraded KB Financial Group from an “equal weight” rating to an “overweight” rating in a research note on Thursday, December 12th.

KB Financial Group Stock Down 1.0 %

KB opened at $61.26 on Monday. The company has a market capitalization of $24.11 billion, a P/E ratio of 7.14, a P/E/G ratio of 0.45 and a beta of 0.99. The company has a debt-to-equity ratio of 2.29, a current ratio of 1.66 and a quick ratio of 1.66. The firm’s fifty day moving average price is $62.16 and its two-hundred day moving average price is $63.11. KB Financial Group Inc. has a fifty-two week low of $36.73 and a fifty-two week high of $72.89.

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.