GRATRY & Co LLC acquired a new position in shares of Woori Bank (NYSE:WF) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 6,095 shares of the bank’s stock, valued at approximately $297,000.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in WF. Northern Trust Corp grew its stake in Woori Bank by 11.0% during the second quarter. Northern Trust Corp now owns 120,807 shares of the bank’s stock worth $5,884,000 after buying an additional 11,974 shares during the period. Parametric Portfolio Associates LLC grew its stake in Woori Bank by 15.2% during the second quarter. Parametric Portfolio Associates LLC now owns 234,009 shares of the bank’s stock worth $11,396,000 after buying an additional 30,860 shares during the period. Finally, Dimensional Fund Advisors LP grew its stake in Woori Bank by 0.6% during the second quarter. Dimensional Fund Advisors LP now owns 31,778 shares of the bank’s stock worth $1,547,000 after buying an additional 177 shares during the period. Institutional investors own 0.27% of the company’s stock.
Separately, Zacks Investment Research downgraded shares of Woori Bank from a “buy” rating to a “hold” rating in a research note on Thursday, September 21st.
Woori Bank (NYSE:WF) traded down 2.23% during midday trading on Friday, reaching $46.42. 3,779 shares of the company’s stock traded hands. The company’s 50-day moving average price is $47.15 and its 200 day moving average price is $44.96. Woori Bank has a 52 week low of $30.52 and a 52 week high of $53.50.
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Woori Bank Company Profile
Woori Finance Holdings Co, Ltd. is a financial holding company. The Company serves over 24 million corporate and retail customers with a range of financial services, including commercial banking, credit card, capital market, international banking, wealth management and bancassurance services. The Company’s domestic network consists of more than 1,300 branches and 8,500 cash terminals.
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