Kestra Private Wealth Services LLC acquired a new stake in shares of KT Co. (NYSE:KT - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 43,194 shares of the technology company's stock, valued at approximately $670,000.
Other hedge funds also recently bought and sold shares of the company. R Squared Ltd purchased a new stake in KT during the fourth quarter valued at about $36,000. Venturi Wealth Management LLC lifted its stake in KT by 3,915.8% during the third quarter. Venturi Wealth Management LLC now owns 4,578 shares of the technology company's stock valued at $70,000 after buying an additional 4,464 shares in the last quarter. GAMMA Investing LLC lifted its stake in KT by 80.7% during the fourth quarter. GAMMA Investing LLC now owns 6,497 shares of the technology company's stock valued at $101,000 after buying an additional 2,902 shares in the last quarter. MML Investors Services LLC purchased a new stake in shares of KT in the third quarter worth approximately $160,000. Finally, Private Advisor Group LLC purchased a new stake in shares of KT in the third quarter worth approximately $164,000. 18.86% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Separately, StockNews.com raised shares of KT from a "buy" rating to a "strong-buy" rating in a research report on Wednesday, February 12th.
View Our Latest Research Report on KT
KT Stock Performance
Shares of KT stock traded up $0.17 during midday trading on Tuesday, hitting $17.27. The company had a trading volume of 507,380 shares, compared to its average volume of 1,250,865. The business's 50 day simple moving average is $16.49 and its two-hundred day simple moving average is $15.81. The stock has a market cap of $8.90 billion, a PE ratio of 9.70, a P/E/G ratio of 0.35 and a beta of 0.95. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.04 and a quick ratio of 0.98. KT Co. has a 1-year low of $12.10 and a 1-year high of $18.45.
KT (NYSE:KT - Get Free Report) last announced its quarterly earnings data on Tuesday, November 26th. The technology company reported $0.54 earnings per share (EPS) for the quarter. KT had a net margin of 4.42% and a return on equity of 6.20%. As a group, equities analysts predict that KT Co. will post 0.88 EPS for the current fiscal year.
KT Company Profile
(
Free Report)
KT Corporation provides integrated telecommunications and platform services in Korea and internationally. The company offers mobile voice and data telecommunications services based on 5G, 4G LTE and 3G W-CDMA technology; fixed-line telephone services, including local, domestic long-distance, international long-distance, and voice over Internet protocol telephone services, as well as interconnection services; broadband Internet access service and other Internet-related services; and data communication services, such as fixed-line and leased line services, as well as broadband Internet connection services.
See Also
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