Woori Financial Group (NYSE:WF) Sets New 52-Week High at $28.76


Share on StockTwits

Woori Financial Group Inc. (NYSE:WF)’s share price hit a new 52-week high during trading on Thursday . The company traded as high as $28.76 and last traded at $28.33, with a volume of 8602 shares changing hands. The stock had previously closed at $28.54.

Separately, Zacks Investment Research raised Woori Financial Group from a “hold” rating to a “buy” rating and set a $30.00 price objective for the company in a research note on Thursday, April 1st.

The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.83. The stock has a 50 day simple moving average of $26.50 and a 200 day simple moving average of $25.79. The stock has a market cap of $6.82 billion, a price-to-earnings ratio of 4.10 and a beta of 0.75.

A number of institutional investors have recently made changes to their positions in the business. Parallel Advisors LLC grew its stake in Woori Financial Group by 11.8% in the fourth quarter. Parallel Advisors LLC now owns 5,049 shares of the bank’s stock valued at $138,000 after acquiring an additional 534 shares during the period. Comerica Bank boosted its position in shares of Woori Financial Group by 5.0% during the fourth quarter. Comerica Bank now owns 12,971 shares of the bank’s stock valued at $337,000 after buying an additional 614 shares during the last quarter. US Bancorp DE boosted its position in shares of Woori Financial Group by 3.1% during the fourth quarter. US Bancorp DE now owns 29,404 shares of the bank’s stock valued at $805,000 after buying an additional 877 shares during the last quarter. Corient Capital Partners LLC boosted its position in shares of Woori Financial Group by 9.7% during the fourth quarter. Corient Capital Partners LLC now owns 10,702 shares of the bank’s stock valued at $293,000 after buying an additional 944 shares during the last quarter. Finally, Northern Trust Corp boosted its position in shares of Woori Financial Group by 5.1% during the fourth quarter. Northern Trust Corp now owns 20,555 shares of the bank’s stock valued at $562,000 after buying an additional 991 shares during the last quarter. 1.31% of the stock is owned by hedge funds and other institutional investors.

About Woori Financial Group (NYSE:WF)

Woori Financial Group Inc engages in the banking, credit card, and investment banking businesses. It offers loans and deposits, and relevant services; credit card, cash services, card loans, and related services; and securities operation, sale of financial instruments, project financing, and other related activities.

Further Reading: FTSE 100 Index

Receive News & Ratings for Woori Financial Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Woori Financial Group and related companies with MarketBeat.com's FREE daily email newsletter.