Woori Financial Group (NYSE:WF) Sets New 12-Month High at $34.21

Woori Financial Group Inc. (NYSE:WFGet Free Report)’s share price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $34.21 and last traded at $34.13, with a volume of 16613 shares traded. The stock had previously closed at $33.12.

Wall Street Analyst Weigh In

Separately, Bank of America raised shares of Woori Financial Group from a “neutral” rating to a “buy” rating in a report on Tuesday, January 16th.

Check Out Our Latest Analysis on Woori Financial Group

Woori Financial Group Stock Performance

The stock has a market cap of $8.51 billion, a price-to-earnings ratio of 3.85, a PEG ratio of 0.45 and a beta of 1.03. The company has a debt-to-equity ratio of 0.95, a quick ratio of 1.07 and a current ratio of 1.07. The company’s 50 day simple moving average is $30.83 and its 200 day simple moving average is $28.94.

Woori Financial Group Increases Dividend

The firm also recently disclosed a semi-annual dividend, which was paid on Wednesday, February 28th. Stockholders of record on Thursday, February 29th were given a dividend of $1.4465 per share. This is a positive change from Woori Financial Group’s previous semi-annual dividend of $0.37. The ex-dividend date of this dividend was Wednesday, February 28th. This represents a dividend yield of 5.5%. Woori Financial Group’s dividend payout ratio (DPR) is 14.45%.

Hedge Funds Weigh In On Woori Financial Group

Several large investors have recently made changes to their positions in WF. Citigroup Inc. boosted its holdings in shares of Woori Financial Group by 209.2% in the third quarter. Citigroup Inc. now owns 971 shares of the bank’s stock worth $27,000 after buying an additional 657 shares during the period. Captrust Financial Advisors acquired a new position in shares of Woori Financial Group in the first quarter worth about $28,000. Janiczek Wealth Management LLC raised its position in Woori Financial Group by 47.3% during the fourth quarter. Janiczek Wealth Management LLC now owns 1,077 shares of the bank’s stock valued at $33,000 after acquiring an additional 346 shares in the last quarter. GAMMA Investing LLC bought a new position in Woori Financial Group during the fourth quarter valued at approximately $34,000. Finally, Credit Suisse AG bought a new position in Woori Financial Group during the second quarter valued at approximately $48,000. Institutional investors own 1.77% of the company’s stock.

About Woori Financial Group

(Get Free Report)

Woori Financial Group Inc, together with its subsidiaries, operates as a commercial bank that provides a range of financial services to individual, business, and institutional customers in Korea. It operates through Banking, Credit Card, Capital, Investment Banking, and Others segments. The company offers savings, demand, and installment deposits; time deposits, certificates of deposit, and repurchase instruments; and working capital, facilities, general purpose household, mortgage, and home equity loans.

Featured Articles

Receive News & Ratings for Woori Financial Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Woori Financial Group and related companies with MarketBeat.com's FREE daily email newsletter.