Wetherby Asset Management Inc. Buys 3,305 Shares of Woori Financial Group Inc (NYSE:WF)

Wetherby Asset Management Inc. lifted its holdings in Woori Financial Group Inc (NYSE:WF) by 33.7% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 13,105 shares of the bank’s stock after buying an additional 3,305 shares during the period. Wetherby Asset Management Inc.’s holdings in Woori Financial Group were worth $481,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of WF. O Shaughnessy Asset Management LLC increased its holdings in shares of Woori Financial Group by 56.8% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 58,759 shares of the bank’s stock worth $2,112,000 after buying an additional 21,281 shares during the last quarter. Acadian Asset Management LLC increased its holdings in shares of Woori Financial Group by 764.2% in the 1st quarter. Acadian Asset Management LLC now owns 8,417 shares of the bank’s stock worth $303,000 after buying an additional 7,443 shares during the last quarter. Comerica Bank increased its holdings in shares of Woori Financial Group by 83.0% in the 1st quarter. Comerica Bank now owns 12,282 shares of the bank’s stock worth $465,000 after buying an additional 5,572 shares during the last quarter. Millennium Management LLC bought a new stake in shares of Woori Financial Group in the 4th quarter worth about $212,000. Finally, Dimensional Fund Advisors LP increased its holdings in shares of Woori Financial Group by 7.5% in the 4th quarter. Dimensional Fund Advisors LP now owns 55,847 shares of the bank’s stock worth $2,359,000 after buying an additional 3,882 shares during the last quarter. Hedge funds and other institutional investors own 0.54% of the company’s stock.

Shares of WF stock traded down $0.16 during trading hours on Friday, reaching $30.16. 1,929 shares of the stock were exchanged, compared to its average volume of 26,213. Woori Financial Group Inc has a 12-month low of $29.56 and a 12-month high of $45.76. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.06 and a quick ratio of 1.06. The stock’s 50-day moving average is $34.90. The company has a market cap of $6.82 billion, a price-to-earnings ratio of 3.95, a price-to-earnings-growth ratio of 1.03 and a beta of 0.60.

Woori Financial Group (NYSE:WF) last released its quarterly earnings results on Thursday, May 16th. The bank reported $2.28 EPS for the quarter. Woori Financial Group had a net margin of 17.69% and a return on equity of 9.33%. The firm had revenue of $1.71 billion during the quarter. Equities research analysts anticipate that Woori Financial Group Inc will post 7.77 earnings per share for the current fiscal year.

Separately, Zacks Investment Research raised shares of Woori Financial Group from a “sell” rating to a “hold” rating in a research note on Saturday, July 27th.

About Woori Financial Group

Woori Financial Group Inc provides commercial banking products and services to retail and individual customers, and corporations. The company offers salary, fixed deposit, savings, and ordinary and business deposit products; and professional, deposit mortgage, apartment, and mortgage loans, as well as corporate operating, facility, and policy loans.

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Institutional Ownership by Quarter for Woori Financial Group (NYSE:WF)

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