Crossmark Global Holdings Inc. purchased a new position in shares of KB Financial Group Inc (NYSE:KB) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 60,646 shares of the bank’s stock, valued at approximately $2,973,000.

A number of other large investors have also recently added to or reduced their stakes in the stock. BNP Paribas Arbitrage SA grew its stake in shares of KB Financial Group by 75.1% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 3,080 shares of the bank’s stock valued at $156,000 after purchasing an additional 1,321 shares during the last quarter. Simplex Trading LLC grew its stake in shares of KB Financial Group by 1,773.8% in the 3rd quarter. Simplex Trading LLC now owns 3,654 shares of the bank’s stock valued at $179,000 after purchasing an additional 3,459 shares during the last quarter. Advisor Group Inc. grew its stake in shares of KB Financial Group by 45.2% in the 2nd quarter. Advisor Group Inc. now owns 4,401 shares of the bank’s stock valued at $220,000 after purchasing an additional 1,370 shares during the last quarter. Paloma Partners Management Co purchased a new position in shares of KB Financial Group in the 1st quarter valued at approximately $242,000. Finally, Eagle Asset Management Inc. grew its stake in shares of KB Financial Group by 11.2% in the 2nd quarter. Eagle Asset Management Inc. now owns 7,121 shares of the bank’s stock valued at $359,000 after purchasing an additional 715 shares during the last quarter. Hedge funds and other institutional investors own 5.68% of the company’s stock.

KB has been the topic of several analyst reports. Zacks Investment Research downgraded KB Financial Group from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, September 6th. BidaskClub downgraded KB Financial Group from a “buy” rating to a “hold” rating in a research note on Saturday, July 8th. Finally, J P Morgan Chase & Co initiated coverage on KB Financial Group in a research note on Wednesday, August 9th. They issued an “overweight” rating on the stock.

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KB Financial Group Inc (NYSE KB) opened at $53.55 on Friday. KB Financial Group Inc has a 12 month low of $34.36 and a 12 month high of $54.36. The firm has a market capitalization of $22,389.90, a P/E ratio of 8.32, a price-to-earnings-growth ratio of 0.41 and a beta of 1.19. The company has a quick ratio of 1.60, a current ratio of 1.60 and a debt-to-equity ratio of 2.06.

KB Financial Group Profile

KB Financial Group Inc is a financial holding company in Korea. The Company’s operations include Kookmin Bank, a commercial bank in Korea. The Company operates through six business segments: retail banking operations, corporate banking operations, other banking operations, credit card operations, investment and securities operations, and life insurance operations.

Institutional Ownership by Quarter for KB Financial Group (NYSE:KB)

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