ANTIPODES PARTNERS Ltd trimmed its holdings in KB Financial Group, Inc. (NYSE:KB) by 1.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 658,566 shares of the bank’s stock after selling 12,591 shares during the period. KB Financial Group accounts for about 2.3% of ANTIPODES PARTNERS Ltd’s investment portfolio, making the stock its 19th largest position. ANTIPODES PARTNERS Ltd’s holdings in KB Financial Group were worth $38,533,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Hermes Investment Management Ltd. purchased a new position in KB Financial Group in the 3rd quarter valued at about $8,757,000. Arrowstreet Capital Limited Partnership lifted its holdings in KB Financial Group by 49.6% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 357,279 shares of the bank’s stock valued at $18,039,000 after purchasing an additional 118,515 shares in the last quarter. Russell Investments Group Ltd. lifted its holdings in KB Financial Group by 122.5% in the 3rd quarter. Russell Investments Group Ltd. now owns 126,239 shares of the bank’s stock valued at $6,190,000 after purchasing an additional 69,500 shares in the last quarter. Crossmark Global Holdings Inc. purchased a new position in KB Financial Group in the 3rd quarter valued at about $2,973,000. Finally, Northern Trust Corp lifted its holdings in KB Financial Group by 3.9% in the 2nd quarter. Northern Trust Corp now owns 1,168,613 shares of the bank’s stock valued at $59,004,000 after purchasing an additional 43,788 shares in the last quarter. 5.92% of the stock is currently owned by hedge funds and other institutional investors.

KB has been the topic of a number of recent research reports. TheStreet lowered shares of KB Financial Group from a “b-” rating to a “c” rating in a report on Monday, November 27th. Zacks Investment Research upgraded shares of KB Financial Group from a “sell” rating to a “hold” rating and set a $60.00 price objective on the stock in a report on Saturday, October 28th. One equities research analyst has rated the stock with a hold rating and three have assigned a buy rating to the company. KB Financial Group currently has a consensus rating of “Buy” and an average price target of $70.00.

KB Financial Group, Inc. (NYSE:KB) opened at $62.54 on Thursday. The firm has a market cap of $24,982.49, a PE ratio of 9.71, a PEG ratio of 0.44 and a beta of 1.20. KB Financial Group, Inc. has a 1-year low of $38.13 and a 1-year high of $63.96. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 2.14.

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About KB Financial Group

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.

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

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