Parametric Portfolio Associates LLC increased its position in shares of Shinhan Financial Group Co Ltd (NYSE:SHG) by 9.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 342,136 shares of the bank’s stock after acquiring an additional 30,240 shares during the period. Parametric Portfolio Associates LLC owned about 0.07% of Shinhan Financial Group Co worth $14,879,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Vanguard Group Inc. lifted its stake in Shinhan Financial Group Co by 1.1% during the 2nd quarter. Vanguard Group Inc. now owns 1,500,199 shares of the bank’s stock worth $65,244,000 after acquiring an additional 16,082 shares in the last quarter. Northern Trust Corp lifted its stake in Shinhan Financial Group Co by 6.6% during the 2nd quarter. Northern Trust Corp now owns 1,266,029 shares of the bank’s stock worth $55,060,000 after acquiring an additional 78,581 shares in the last quarter. Brandes Investment Partners LP lifted its stake in Shinhan Financial Group Co by 2.7% during the 2nd quarter. Brandes Investment Partners LP now owns 1,006,005 shares of the bank’s stock worth $43,751,000 after acquiring an additional 26,511 shares in the last quarter. Aperio Group LLC lifted its stake in Shinhan Financial Group Co by 17.3% during the 2nd quarter. Aperio Group LLC now owns 352,859 shares of the bank’s stock worth $15,346,000 after acquiring an additional 51,915 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. lifted its stake in Shinhan Financial Group Co by 18.5% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 309,332 shares of the bank’s stock worth $13,453,000 after acquiring an additional 48,316 shares in the last quarter. 2.32% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Shinhan Financial Group Co Ltd (NYSE:SHG) opened at 45.05 on Friday. The firm has a 50-day moving average price of $44.81 and a 200-day moving average price of $44.23. Shinhan Financial Group Co Ltd has a 52-week low of $36.06 and a 52-week high of $48.98. The firm has a market cap of $21.36 billion, a price-to-earnings ratio of 7.62 and a beta of 1.06.

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Several research firms recently issued reports on SHG. Zacks Investment Research lowered Shinhan Financial Group Co from a “strong-buy” rating to a “hold” rating in a research note on Thursday, September 21st. HSBC Holdings plc raised Shinhan Financial Group Co from a “hold” rating to a “buy” rating in a research note on Tuesday, August 22nd.

Shinhan Financial Group Co Company Profile

Shinhan Financial Group Co, Ltd. (SFG) is a financial holding company. The Company operates through five segments: commercial banking services, which are provided by Shinhan Bank Co, Ltd. (Shinhan Bank); credit card services, which are provided by Shinhan Card Co, Ltd. (Shinhan Card); securities brokerage services, which are provided by Shinhan Investment Corp.

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Institutional Ownership by Quarter for Shinhan Financial Group Co (NYSE:SHG)

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