Pathstone Holdings LLC Sells 696 Shares of KB Financial Group Inc. (NYSE:KB)

Pathstone Holdings LLC decreased its position in KB Financial Group Inc. (NYSE:KB) by 2.6% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 25,869 shares of the bank’s stock after selling 696 shares during the period. Pathstone Holdings LLC’s holdings in KB Financial Group were worth $1,597,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently modified their holdings of KB. BOCHK Asset Management Ltd bought a new position in KB Financial Group during the third quarter valued at about $25,000. Hilltop National Bank purchased a new position in shares of KB Financial Group in the second quarter worth about $34,000. Benjamin F. Edwards & Company Inc. lifted its stake in shares of KB Financial Group by 66.1% during 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 in the last quarter. GAMMA Investing LLC lifted its position in shares of KB Financial Group by 35.6% during the second quarter. GAMMA Investing LLC now owns 934 shares of the bank’s stock worth $53,000 after acquiring an additional 245 shares in the last quarter. Finally, Venturi Wealth Management LLC boosted its holdings in shares of KB Financial Group by 2,427.9% in the third quarter. Venturi Wealth Management LLC now owns 1,087 shares of the bank’s stock worth $67,000 after acquiring an additional 1,044 shares during the period. Institutional investors own 11.52% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com upgraded KB Financial Group from a “hold” rating to a “buy” rating in a research report on Tuesday, October 29th.

KB Financial Group Stock Performance

NYSE:KB opened at $70.79 on Thursday. The business’s 50-day moving average price is $65.96 and its two-hundred day moving average price is $62.27. The stock has a market cap of $27.86 billion, a P/E ratio of 8.25, a PEG ratio of 0.61 and a beta of 0.97. KB Financial Group Inc. has a twelve month low of $36.57 and a twelve month high of $72.89. 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 Profile

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.