Parametric Portfolio Associates LLC Boosts Position in Woori Financial Group Inc (NYSE:WF)

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Parametric Portfolio Associates LLC increased its stake in Woori Financial Group Inc (NYSE:WF) by 29.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 564,000 shares of the bank’s stock after buying an additional 128,877 shares during the period. Parametric Portfolio Associates LLC owned 0.25% of Woori Financial Group worth $20,710,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of WF. BNP Paribas Arbitrage SA purchased a new position in Woori Financial Group in the 2nd quarter worth about $40,000. Strategic Global Advisors LLC purchased a new position in Woori Financial Group in the 2nd quarter worth about $201,000. Acadian Asset Management LLC increased its stake in 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 period. Comerica Bank increased its stake in 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 period. Finally, Wetherby Asset Management Inc. increased its stake in Woori Financial Group by 33.7% in the 2nd quarter. Wetherby Asset Management Inc. now owns 13,105 shares of the bank’s stock worth $481,000 after buying an additional 3,305 shares during the period. 0.88% of the stock is currently owned by institutional investors.

NYSE WF traded down $0.49 during trading on Thursday, reaching $30.95. 982 shares of the company’s stock traded hands, compared to its average volume of 34,832. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.07 and a quick ratio of 1.07. The firm has a market cap of $7.13 billion, a price-to-earnings ratio of 4.06, a price-to-earnings-growth ratio of 1.07 and a beta of 0.64. The company’s 50 day simple moving average is $29.89 and its two-hundred day simple moving average is $34.72. Woori Financial Group Inc has a 12-month low of $27.59 and a 12-month high of $45.76.

Woori Financial Group (NYSE:WF) last posted its earnings results on Wednesday, August 14th. The bank reported $2.31 EPS for the quarter. The business had revenue of $1.51 billion for the quarter. Woori Financial Group had a net margin of 16.24% and a return on equity of 8.43%. Research analysts expect 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 report on Saturday, July 27th.

Woori Financial Group Profile

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.

See Also: Exchange-Traded Funds (ETFs)

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

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