Blue Trust Inc. raised its position in shares of KT Co. (NYSE:KT - Free Report) by 52.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 84,999 shares of the technology company's stock after acquiring an additional 29,165 shares during the period. Blue Trust Inc.'s holdings in KT were worth $1,307,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. PDS Planning Inc grew its stake in shares of KT by 6.2% during the third quarter. PDS Planning Inc now owns 18,342 shares of the technology company's stock valued at $282,000 after acquiring an additional 1,065 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in shares of KT by 0.3% during the second quarter. Dimensional Fund Advisors LP now owns 367,353 shares of the technology company's stock valued at $5,021,000 after acquiring an additional 1,244 shares in the last quarter. Bleakley Financial Group LLC grew its stake in shares of KT by 5.6% during the third quarter. Bleakley Financial Group LLC now owns 28,171 shares of the technology company's stock valued at $433,000 after acquiring an additional 1,487 shares in the last quarter. Redhawk Wealth Advisors Inc. grew its stake in shares of KT by 3.5% during the fourth quarter. Redhawk Wealth Advisors Inc. now owns 46,524 shares of the technology company's stock valued at $722,000 after acquiring an additional 1,581 shares in the last quarter. Finally, Signaturefd LLC grew its stake in shares of KT by 11.8% during the third quarter. Signaturefd LLC now owns 21,044 shares of the technology company's stock valued at $324,000 after acquiring an additional 2,226 shares in the last quarter. Institutional investors and hedge funds own 18.86% of the company's stock.
Analyst Ratings Changes
Separately, StockNews.com upgraded KT from a "buy" rating to a "strong-buy" rating in a research note on Thursday, January 23rd.
Check Out Our Latest Stock Analysis on KT
KT Stock Up 0.0 %
NYSE:KT traded up $0.01 during mid-day trading on Wednesday, reaching $17.72. The stock had a trading volume of 225,237 shares, compared to its average volume of 1,173,781. The company has a market capitalization of $9.14 billion, a price-to-earnings ratio of 9.94, a price-to-earnings-growth ratio of 0.39 and a beta of 0.95. KT Co. has a 1-year low of $12.10 and a 1-year high of $18.45. The stock's 50 day simple moving average is $16.52 and its two-hundred day simple moving average is $15.49. 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 (NYSE:KT - Get Free Report) last posted its quarterly earnings results on Tuesday, November 26th. The technology company reported $0.54 EPS for the quarter. KT had a return on equity of 6.20% and a net margin of 4.42%. Equities analysts anticipate that KT Co. will post 0.85 EPS for the current 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.
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