KT Co. (NYSE:KT) Shares Purchased by Ballentine Partners LLC

Ballentine Partners LLC raised its position in KT Co. (NYSE:KT) by 8.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 34,831 shares of the technology company’s stock after acquiring an additional 2,823 shares during the quarter. Ballentine Partners LLC’s holdings in KT were worth $541,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. PDS Planning Inc boosted its holdings in KT by 6.2% in the third quarter. PDS Planning Inc now owns 18,342 shares of the technology company’s stock valued at $282,000 after purchasing an additional 1,065 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of KT by 0.3% in the 2nd quarter. Dimensional Fund Advisors LP now owns 367,353 shares of the technology company’s stock valued at $5,021,000 after buying an additional 1,244 shares in the last quarter. Bleakley Financial Group LLC grew its position in shares of KT by 5.6% in the 3rd quarter. Bleakley Financial Group LLC now owns 28,171 shares of the technology company’s stock valued at $433,000 after buying an additional 1,487 shares during the last quarter. Redhawk Wealth Advisors Inc. raised its stake in KT by 3.5% during the 4th quarter. Redhawk Wealth Advisors Inc. now owns 46,524 shares of the technology company’s stock worth $722,000 after acquiring an additional 1,581 shares in the last quarter. Finally, Signaturefd LLC lifted its position in KT by 11.8% in 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 during the last quarter. Institutional investors and hedge funds own 18.86% of the company’s stock.

KT Price Performance

KT stock opened at $17.46 on Friday. The business has a 50 day simple moving average of $16.33 and a 200-day simple moving average of $15.35. KT Co. has a twelve month low of $12.10 and a twelve month high of $18.45. The company has a market capitalization of $9.00 billion, a P/E ratio of 9.81, a PEG ratio of 0.42 and a beta of 0.95. The company has a current ratio of 1.04, a quick ratio of 0.98 and a debt-to-equity ratio of 0.28.

KT (NYSE:KT) last posted its quarterly earnings data on Tuesday, November 26th. The technology company reported $0.54 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 anticipate that KT Co. will post 0.85 EPS for the current year.

Analyst Ratings Changes

Separately, StockNews.com raised KT from a “buy” rating to a “strong-buy” rating in a report on Thursday.

KT Profile

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.