Nomura Asset Management Co. Ltd. purchased a new stake in shares of Shinhan Financial Group Co., Ltd. (NYSE:SHG) in the third quarter, according to its most recent filing with the SEC. The firm purchased 218,900 shares of the bank’s stock, valued at approximately $9,697,000.

Several other hedge funds also recently bought and sold shares of SHG. BNP Paribas Arbitrage SA lifted its position in shares of Shinhan Financial Group by 48.3% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 3,493 shares of the bank’s stock valued at $152,000 after acquiring an additional 1,137 shares during the period. US Bancorp DE lifted its position in shares of Shinhan Financial Group by 12.5% during the 2nd quarter. US Bancorp DE now owns 4,408 shares of the bank’s stock valued at $191,000 after acquiring an additional 489 shares during the period. Bank of New York Mellon Corp acquired a new stake in shares of Shinhan Financial Group during the 1st quarter valued at approximately $201,000. Airain ltd lifted its position in shares of Shinhan Financial Group by 8.8% during the 2nd quarter. Airain ltd now owns 5,831 shares of the bank’s stock valued at $254,000 after acquiring an additional 474 shares during the period. Finally, GRATRY & Co LLC acquired a new stake in shares of Shinhan Financial Group during the 2nd quarter valued at approximately $263,000. Institutional investors own 2.27% of the company’s stock.

Shares of Shinhan Financial Group Co., Ltd. (NYSE SHG) traded down $0.36 during trading on Thursday, hitting $44.12. The company had a trading volume of 51,300 shares, compared to its average volume of 81,899. The company has a debt-to-equity ratio of 1.47, a current ratio of 1.17 and a quick ratio of 1.17. Shinhan Financial Group Co., Ltd. has a 1 year low of $36.78 and a 1 year high of $48.98. The firm has a market cap of $21,010.00, a P/E ratio of 3.81, a P/E/G ratio of 1.44 and a beta of 1.05.

A number of research firms have recently issued reports on SHG. upgraded shares of Shinhan Financial Group from a “hold” rating to a “buy” rating in a research report on Tuesday, August 22nd. Zacks Investment Research downgraded shares of Shinhan Financial Group from a “strong-buy” rating to a “hold” rating in a research report on Thursday, September 21st.

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Shinhan Financial Group 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.

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

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