2 weeks Ago By Defense World Staff
Sei Investments Co. lowered its stake in shares of Shinhan Financial Group Co., Ltd.
(NYSE:SHG – Free Report) by 14.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 80,453 shares of the bank’s stock after selling 13,762 shares during the quarter.
Sei Investments Co.’s holdings in Shinhan Financial Group were worth $2,645,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Other institutional investors also recently added to or reduced their stakes in the company.
Stifel Financial Corp raised its position in shares of Shinhan Financial Group by 121.8% in the 3rd quarter. Stifel Financial Corp now owns 27,782 shares of the bank’s stock valued at $1,177,000 after purchasing an additional 15,256 shares during the last quarter.
AMG National Trust Bank acquired a new position in Shinhan Financial Group during the 4th quarter valued at approximately $1,009,000. Sanctuary Advisors LLC raised its holdings in shares of Shinhan Financial Group by 8.7% in the third quarter.
Sanctuary Advisors LLC now owns 9,210 shares of the bank’s stock worth $366,000 after buying an additional 735 shares during the last quarter. Yousif Capital Management LLC raised its holdings in shares of Shinhan Financial Group by 514.6% in the fourth quarter.
Yousif Capital Management LLC now owns 47,176 shares of the bank’s stock worth $1,551,000 after buying an additional 39,500 shares during the last quarter. Finally, Blue Trust Inc. lifted its stake in shares of Shinhan Financial Group by 33.
8% during the fourth quarter. Blue Trust Inc. now owns 72,898 shares of the bank’s stock worth $2,397,000 after buying an additional 18,402 shares during the period.
Institutional investors own 7.76% of the company’s stock. Shinhan Financial Group Stock PerformanceShares of SHG stock opened at $30.
83 on Friday. The company has a debt-to-equity ratio of 1.53, a current ratio of 1.
04 and a quick ratio of 1.04. The business has a fifty day moving average of $33.
17 and a 200 day moving average of $36.47. The firm has a market capitalization of $15.
52 billion, a price-to-earnings ratio of 4.84, a price-to-earnings-growth ratio of 0.44 and a beta of 0.
89. Shinhan Financial Group Co., Ltd.
has a 1 year low of $29.25 and a 1 year high of $46.05.
Shinhan Financial Group (NYSE:SHG – Get Free Report) last issued its earnings results on Tuesday, March 4th. The bank reported $1.94 earnings per share (EPS) for the quarter.
The firm had revenue of $2.82 billion during the quarter. Shinhan Financial Group had a net margin of 12.
21% and a return on equity of 7.34%. As a group, research analysts expect that Shinhan Financial Group Co.
, Ltd. will post 5.97 earnings per share for the current year.
Shinhan Financial Group Profile (Free Report)Shinhan Financial Group Co, Ltd. provides financial products and services in South Korea and internationally. The company operates through six segments: Banking, Credit Card, Securities, Insurance, Credit, and Others.
It offers retail banking services, including demand, savings, and fixed deposit-taking; checking accounts; mortgage and home equity, and retail lending; electronic banking and automatic teller machines (ATM); and bill paying, payroll and check-cashing, currency exchange, and wire fund transfer services.Featured StoriesFive stocks we like better than Shinhan Financial GroupWith Risk Tolerance, One Size Does Not Fit AllArcher Aviation’s Africa Deal Could Boost ACHR StockWhy Understanding Call Option Volume is Essential to Successful Options TradingAre Short Sellers Wrong About These 3 Semiconductor Stocks?P/E Ratio Calculation: How to Assess StocksBoeing Gets $50B in March Orders—Is BA Stock a Buy Now?Want to see what other hedge funds are holding SHG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Shinhan Financial Group Co.
, Ltd. (NYSE:SHG – Free Report)..
