KT Co. (NYSE:KT) Holdings Increased by Redhawk Wealth Advisors Inc.

Redhawk Wealth Advisors Inc. lifted its stake in KT Co. (NYSE:KT) by 3.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 46,524 shares of the technology company’s stock after acquiring an additional 1,581 shares during the period. Redhawk Wealth Advisors Inc.’s holdings in KT were worth $722,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in KT. Venturi Wealth Management LLC lifted its holdings in KT by 3,915.8% in the 3rd quarter. Venturi Wealth Management LLC now owns 4,578 shares of the technology company’s stock valued at $70,000 after acquiring an additional 4,464 shares during the last quarter. GAMMA Investing LLC raised its holdings in shares of KT by 80.7% in the 4th quarter. GAMMA Investing LLC now owns 6,497 shares of the technology company’s stock worth $101,000 after purchasing an additional 2,902 shares in the last quarter. MML Investors Services LLC acquired a new stake in KT during the third quarter valued at approximately $160,000. Private Advisor Group LLC bought a new stake in KT during the third quarter worth approximately $164,000. Finally, Park Avenue Securities LLC acquired a new position in KT in the fourth quarter worth approximately $181,000. 18.86% of the stock is currently owned by institutional investors.

KT Trading Up 1.0 %

NYSE:KT opened at $16.56 on Friday. The stock has a fifty day simple moving average of $16.21 and a 200 day simple moving average of $15.23. The firm has a market capitalization of $8.54 billion, a price-to-earnings ratio of 9.30, a price-to-earnings-growth ratio of 0.38 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 company has a quick ratio of 0.98, a current ratio of 1.04 and a debt-to-equity ratio of 0.28.

Analyst Ratings Changes

Separately, StockNews.com downgraded KT from a “strong-buy” rating to a “buy” rating in a research report on Wednesday.

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.