Pinnacle Wealth Planning Services Inc. Sells 5,976 Shares of Woori Financial Group Inc. (NYSE:WF)

Pinnacle Wealth Planning Services Inc. lowered its stake in shares of Woori Financial Group Inc. (NYSE:WF) by 41.0% 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 8,603 shares of the bank’s stock after selling 5,976 shares during the quarter. Pinnacle Wealth Planning Services Inc.’s holdings in Woori Financial Group were worth $269,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in the stock. Connor Clark & Lunn Investment Management Ltd. raised its holdings in Woori Financial Group by 6.5% in the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 572,589 shares of the bank’s stock worth $17,893,000 after purchasing an additional 35,187 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its position in shares of Woori Financial Group by 39.8% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 287,852 shares of the bank’s stock worth $8,995,000 after buying an additional 81,973 shares during the last quarter. Bank of America Corp DE grew its position in shares of Woori Financial Group by 19.6% in the 4th quarter. Bank of America Corp DE now owns 140,654 shares of the bank’s stock worth $4,395,000 after buying an additional 23,015 shares during the last quarter. Marshall Wace LLP raised its stake in shares of Woori Financial Group by 4.5% during the 4th quarter. Marshall Wace LLP now owns 91,806 shares of the bank’s stock worth $2,869,000 after acquiring an additional 3,968 shares in the last quarter. Finally, O Shaughnessy Asset Management LLC lifted its position in Woori Financial Group by 17.7% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 79,776 shares of the bank’s stock valued at $2,493,000 after acquiring an additional 12,012 shares during the last quarter. Institutional investors own 3.41% of the company’s stock.

Woori Financial Group Price Performance

Shares of WF opened at $40.17 on Wednesday. The company has a 50 day moving average of $35.78 and a two-hundred day moving average of $34.26. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.87. Woori Financial Group Inc. has a twelve month low of $29.44 and a twelve month high of $42.67. The company has a market cap of $9.94 billion, a price-to-earnings ratio of 5.22, a price-to-earnings-growth ratio of 0.77 and a beta of 0.98.

About Woori Financial Group

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.