Sivia Capital Partners LLC Has $322,000 Position in Woori Financial Group Inc. (NYSE:WF)

Sivia Capital Partners LLC increased its position in shares of Woori Financial Group Inc. (NYSE:WF) by 14.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 9,939 shares of the bank’s stock after purchasing an additional 1,220 shares during the period. Sivia Capital Partners LLC’s holdings in Woori Financial Group were worth $322,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the company. Parallel Advisors LLC raised its holdings in Woori Financial Group by 19.7% in the 4th quarter. Parallel Advisors LLC now owns 10,430 shares of the bank’s stock valued at $315,000 after acquiring an additional 1,713 shares in the last quarter. Cerity Partners LLC raised its holdings in Woori Financial Group by 23.2% in the 4th quarter. Cerity Partners LLC now owns 25,337 shares of the bank’s stock valued at $766,000 after acquiring an additional 4,773 shares in the last quarter. Sequoia Financial Advisors LLC raised its holdings in Woori Financial Group by 7.2% in the 4th quarter. Sequoia Financial Advisors LLC now owns 23,260 shares of the bank’s stock valued at $703,000 after acquiring an additional 1,565 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. raised its holdings in Woori Financial Group by 24.8% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 27,393 shares of the bank’s stock valued at $751,000 after acquiring an additional 5,443 shares in the last quarter. Finally, Blue Trust Inc. raised its holdings in Woori Financial Group by 36.6% in the 4th quarter. Blue Trust Inc. now owns 3,751 shares of the bank’s stock valued at $113,000 after acquiring an additional 1,005 shares in the last quarter. 17.79% of the stock is owned by institutional investors and hedge funds.

Woori Financial Group Price Performance

Shares of WF traded up $0.21 during midday trading on Wednesday, hitting $32.25. The company’s stock had a trading volume of 14,868 shares, compared to its average volume of 49,835. Woori Financial Group Inc. has a one year low of $24.94 and a one year high of $36.17. The company’s fifty day simple moving average is $31.59 and its two-hundred day simple moving average is $31.54. The company has a quick ratio of 1.07, a current ratio of 1.08 and a debt-to-equity ratio of 0.89. The stock has a market capitalization of $7.98 billion, a price-to-earnings ratio of 4.49, a price-to-earnings-growth ratio of 0.39 and a beta of 1.07.

Woori Financial Group (NYSE:WF) last issued its quarterly earnings results on Thursday, May 16th. The bank reported $2.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.13 by $0.40. Woori Financial Group had a return on equity of 7.08% and a net margin of 10.48%. The company had revenue of $1.81 billion for the quarter. As a group, equities analysts expect that Woori Financial Group Inc. will post 8.14 earnings per share for the current fiscal year.

Woori Financial Group Profile

Woori Financial Group Inc, a financial holding company, operates as a commercial bank that provides a range of financial products and services to individuals, corporations, and small- and medium-sized enterprises in Korea. It operates through Banking, Credit Card, Capital, Investment Banking, and Others segments.