Orion Portfolio Solutions LLC Has $503,000 Stock Position in KB Financial Group Inc. (NYSE:KB)

Orion Portfolio Solutions LLC lifted its stake in KB Financial Group Inc. (NYSE:KB) by 18.6% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 8,152 shares of the bank’s stock after purchasing an additional 1,280 shares during the quarter. Orion Portfolio Solutions LLC’s holdings in KB Financial Group were worth $503,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also made changes to their positions in KB. BOCHK Asset Management Ltd acquired a new position in KB Financial Group during the third quarter valued at approximately $25,000. Benjamin F. Edwards & Company Inc. increased its holdings in KB Financial Group by 66.1% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 779 shares of the bank’s stock valued at $44,000 after buying an additional 310 shares during the period. Venturi Wealth Management LLC boosted its stake in shares of KB Financial Group by 2,427.9% in the 3rd quarter. Venturi Wealth Management LLC now owns 1,087 shares of the bank’s stock valued at $67,000 after purchasing an additional 1,044 shares in the last quarter. GAMMA Investing LLC boosted its stake in shares of KB Financial Group by 36.9% in 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 in the last quarter. Finally, CWM LLC boosted its stake in shares of KB Financial Group by 5.7% in the 3rd quarter. CWM LLC now owns 2,851 shares of the bank’s stock valued at $176,000 after purchasing an additional 155 shares in the last quarter. 11.52% of the stock is owned by hedge funds and other institutional investors.

KB Financial Group Price Performance

Shares of KB opened at $58.37 on Wednesday. The stock has a market capitalization of $22.97 billion, a P/E ratio of 6.80, a P/E/G ratio of 0.53 and a beta of 0.96. The company has a quick ratio of 1.66, a current 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 50 day moving average of $66.10 and a 200-day moving average of $62.78.

Wall Street Analyst Weigh In

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

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.