Greenleaf Trust grew its stake in Shinhan Financial Group Co., Ltd. (NYSE:SHG) by 35.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 15,033 shares of the bank’s stock after acquiring an additional 3,955 shares during the quarter. Greenleaf Trust’s holdings in Shinhan Financial Group were worth $698,000 at the end of the most recent quarter.
A number of other institutional investors also recently added to or reduced their stakes in SHG. BNP Paribas Arbitrage SA boosted its holdings in Shinhan Financial Group by 76.0% in the third quarter. BNP Paribas Arbitrage SA now owns 6,148 shares of the bank’s stock worth $272,000 after acquiring an additional 2,655 shares in the last quarter. Dynamic Technology Lab Private Ltd purchased a new position in shares of Shinhan Financial Group in the second quarter worth $298,000. Virtu KCG Holdings LLC raised its stake in shares of Shinhan Financial Group by 34.4% in the second quarter. Virtu KCG Holdings LLC now owns 6,905 shares of the bank’s stock worth $300,000 after purchasing an additional 1,766 shares during the last quarter. Cubist Systematic Strategies LLC purchased a new position in shares of Shinhan Financial Group in the second quarter worth $354,000. Finally, Candriam Luxembourg S.C.A. raised its stake in shares of Shinhan Financial Group by 10.0% in the third quarter. Candriam Luxembourg S.C.A. now owns 13,425 shares of the bank’s stock worth $595,000 after purchasing an additional 1,225 shares during the last quarter. 2.26% of the stock is currently owned by institutional investors and hedge funds.
Shinhan Financial Group Co., Ltd. (NYSE:SHG) opened at $45.14 on Friday. Shinhan Financial Group Co., Ltd. has a one year low of $40.02 and a one year high of $50.37. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 1.47. The firm has a market capitalization of $21,310.50, a price-to-earnings ratio of 3.85, a PEG ratio of 1.77 and a beta of 1.10.
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About Shinhan Financial Group
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.
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