Published: Wed, January 17, 2018
Finance | By Loren Pratt

KB Financial Group, Inc. (KB) Stake Increased by Cubist Systematic Strategies LLC


The hedge fund run by Nelson Peltz held 22.38M shares of the major banks company at the end of 2017Q3, valued at $1.19B, down from 32.38M at the end of the previous reported quarter. The company has market cap of $3.32 billion. The share price was last seen 0% lower, reaching at $1.99 on 01/15/2018. Hotchkis & Wiley Capital Management Ltd Company has 1.08 million shares. ONEOK, Inc. (NYSE:OKE) has risen 23.81% since January 16, 2017 and is uptrending. It has underperformed by 0.23% the S&P500. The stock has a market capitalization of $60,360.00, a P/E ratio of 17.18, a P/E/G ratio of 1.84 and a beta of 1.22. Mitsubishi UFJ Trust & Banking Corp increased its holdings in shares of KB Financial Group by 93.7% during the 2nd quarter. Agf Investments Inc who had been investing in Shaw Communications Inc. for a number of months, seems to be less bullish one the $10.77B market cap company. Insiders have sold 7,708,334 shares of company stock worth $404,956,863 over the last ninety days. About 130.10M shares traded or 58.74% up from the average. It has underperformed by 2.72% the S&P500. The firm has "Strong Buy" rating by Raymond James given on Wednesday, December 28. The stock has "Outperform" rating by Bernstein on Wednesday, August 5. Keefe Bruyette & Woods maintained the shares of BK in report on Thursday, December 21 with "Hold" rating. Citigroup maintained the stock with "Neutral" rating in Monday, October 9 report.

In other news, Director Edward P. Garden sold 1,031,157 shares of the firm's stock in a transaction dated Friday, October 20th. The firm has "Outperform" rating given on Friday, January 27 by RBC Capital Markets. The stock has "Buy" rating by Vetr on Monday, August 24. As per Tuesday, February 2, the company rating was upgraded by Stifel Nicolaus. The fund owned 116,694 shares of the company's stock after selling 3,800 shares during the period.

Analysts await Mattel, Inc. During the same quarter previous year, the business earned $0.74 EPS. BK's profit would be $931.86M giving it 15.81 P/E if the $0.91 EPS is correct. After $0.86 actual EPS reported by Armstrong World Industries, Inc. for the previous quarter, Wall Street now forecasts -23.26% negative EPS growth.

Investors sentiment decreased to 1.26 in Q3 2017. Its down 0.19, from 0.98 in 2017Q2. Arcadia Investment Mgmt Mi reported 1,850 shares stake. 164 funds opened positions while 273 raised stakes.

Tam Capital Management Inc, which manages about $87.40 million and $68.28M US Long portfolio, upped its stake in Altaba Inc by 83,635 shares to 499,594 shares, valued at $33.09 million in 2017Q3, according to the filing. Andra Ap reported 0.54% stake. (NASDAQ:MAT). Rampart Investment Mngmt Limited Company has invested 0.02% in Mattel, Inc. Fisher Asset Management Limited Liability Company reported 7,896 shares or 0% of all its holdings. Agf Investments Inc sold 105,109 shares as the company's stock declined 0.94% while stock markets rallied. Blb&B Advisors Ltd has invested 0.23% in Amazon.com, Inc. (NYSE:OKE). Verition Fund Limited Liability, a Connecticut-based fund reported 6,223 shares. Fil has invested 0.07% in The Allstate Corporation (NYSE:ALL). KB Financial Group, Inc. has a 52 week low of $38.13 and a 52 week high of $63.96.

Investors sentiment increased to 1.01 in Q3 2017. Its down 0.10, from 0.79 in 2017Q2. At present, 3 analysts recommended Holding these shares while 0 recommended sell, according to FactSet data.


BLACKROCK INC. raised its stake in Washington Prime Group Inc. 0 analysts call it Underweight, while 4 think it is Overweight. 48,144 were reported by Grandfield Dodd Ltd. Mu Com Ltd reported 400 shares. 15,826 are owned by Oppenheimer Asset Mgmt. Caxton Associate Ltd Partnership accumulated 282,835 shares or 0.56% of the stock. The company has a debt-to-equity ratio of 2.14, a quick ratio of 1.61 and a current ratio of 1.61. Heartland has 153,240 shares for 0.53% of their portfolio. Coastline holds 0.06% or 6,170 shares.

Convergence Investment Partners LLC acquired a new position in Bank Of New York Mellon Corporation (The) (NYSE:BK) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. Liberty Mutual Asset Mngmt reported 43,106 shares. Jefferies maintained The Bank of New York Mellon Corporation (NYSE:BK) on Tuesday, January 9 with "Hold" rating. Anchor Capital Llc stated it has 18,122 shares or 0.03% of all its holdings. TX's holdings in Bank Of New York Mellon were worth $8,770,000 at the end of the most recent reporting period. Logan Capital Management reported 0.02% in The Bank of New York Mellon Corporation (NYSE:BK). Nomura Asset Management Co.

Bank Of New York Mellon (NYSE:BK) last posted its quarterly earnings data on Thursday, October 19th. They expect $0.66 EPS, up 46.67% or $0.21 from last year's $0.45 per share.

Over the past three months, The Bank of New York Mellon Corporation insiders have been net buyers, dumping a net of -6,683,639 shares. The Bank of New York Mellon Corporation (NYSE:BK) has risen 13.98% since January 16, 2017 and is uptrending. Therefore 94% are positive. The rating was maintained by Bank of America on Monday, May 29 with "Underperform". Credit Suisse maintained the shares of GE in report on Thursday, October 5 with "Outperform" rating.

If we look at the Volatility of The Bank of New York Mellon Corporation (BK), Week Volatility is 1.49%, whereas Month Volatility is at 1.28%.

In other Bank Of New York Mellon news, Vice Chairman Brian T. Shea sold 22,228 shares of Bank Of New York Mellon stock in a transaction dated Friday, November 3rd. RBC Capital Markets maintained the shares of BK in report on Friday, October 6 with "Hold" rating. As per Friday, June 23, the company rating was maintained by Wells Fargo. Barclays Capital maintained The Bank of New York Mellon Corporation (NYSE:BK) rating on Tuesday, January 3.

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