BSW Wealth Partners Increases Stock Position in Woori Bank $WF

BSW Wealth Partners raised its stake in shares of Woori Bank (NYSE:WF) by 6.3% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 8,844 shares of the bank’s stock after purchasing an additional 528 shares during the period. BSW Wealth Partners’ holdings in Woori Bank were worth $440,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently made changes to their positions in WF. Canopy Partners LLC purchased a new stake in shares of Woori Bank in the first quarter worth about $201,000. Optas LLC purchased a new position in Woori Bank during the 1st quarter valued at approximately $203,000. HighTower Advisors LLC bought a new stake in Woori Bank in the 1st quarter worth approximately $207,000. Compound Planning Inc. purchased a new stake in shares of Woori Bank during the 1st quarter worth approximately $215,000. Finally, Foster Group Inc. bought a new position in shares of Woori Bank during the 1st quarter valued at approximately $221,000. 3.41% of the stock is owned by institutional investors.

Woori Bank Trading Down 2.2%

Shares of WF opened at $55.60 on Friday. The company’s fifty day moving average is $54.72 and its 200 day moving average is $46.05. Woori Bank has a fifty-two week low of $29.44 and a fifty-two week high of $57.97. The stock has a market capitalization of $13.76 billion, a PE ratio of 7.00, a P/E/G ratio of 1.02 and a beta of 1.14. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.09 and a current ratio of 1.09.

Woori Bank (NYSE:WF) last released its quarterly earnings data on Friday, July 25th. The bank reported $2.63 EPS for the quarter, missing the consensus estimate of $3,574.37 by ($3,571.74). Woori Bank had a net margin of 11.84% and a return on equity of 8.30%. The business had revenue of $2 billion for the quarter, compared to the consensus estimate of $2,790.97 billion. Sell-side analysts expect that Woori Bank will post 8.24 earnings per share for the current fiscal year.

About Woori Bank

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.