KT Co. (NYSE:KT) Shares Acquired by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. boosted its holdings in KT Co. (NYSE:KT - Free Report) by 29.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 4,671,851 shares of the technology company's stock after acquiring an additional 1,063,736 shares during the period. Robeco Institutional Asset Management B.V. owned 0.91% of KT worth $72,507,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. Dimensional Fund Advisors LP increased its position 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 worth $5,021,000 after acquiring an additional 1,244 shares during the period. Marshall Wace LLP increased its position in shares of KT by 352.2% during the second quarter. Marshall Wace LLP now owns 118,045 shares of the technology company's stock worth $1,614,000 after acquiring an additional 91,940 shares during the period. Creative Planning increased its position in shares of KT by 36.2% during the second quarter. Creative Planning now owns 136,410 shares of the technology company's stock worth $1,865,000 after acquiring an additional 36,241 shares during the period. Teachers Retirement System of The State of Kentucky increased its position in shares of KT by 4.7% during the second quarter. Teachers Retirement System of The State of Kentucky now owns 267,860 shares of the technology company's stock worth $3,662,000 after acquiring an additional 12,100 shares during the period. Finally, Sanctuary Advisors LLC purchased a new stake in shares of KT during the second quarter worth $525,000. 18.86% of the stock is currently owned by institutional investors and hedge funds.

KT Stock Down 0.5 %

Shares of NYSE:KT traded down $0.08 on Thursday, hitting $17.64. 449,720 shares of the company's stock were exchanged, compared to its average volume of 1,145,711. KT Co. has a 1-year low of $12.10 and a 1-year high of $18.45. The company has a market capitalization of $9.10 billion, a PE ratio of 9.91, a P/E/G ratio of 0.39 and a beta of 0.95. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.98 and a current ratio of 1.04. The firm's 50-day moving average is $16.55 and its 200 day moving average is $15.50.

KT (NYSE:KT - Get Free Report) last posted its earnings results on Tuesday, November 26th. The technology company reported $0.54 earnings per share for the quarter. KT had a return on equity of 6.20% and a net margin of 4.42%. Sell-side analysts predict that KT Co. will post 0.85 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised KT from a "buy" rating to a "strong-buy" rating in a research report on Thursday, January 23rd.

About KT

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.