Qtron Investments LLC Boosts Holdings in KT Co. (NYSE:KT)

Qtron Investments LLC raised its holdings in shares of KT Co. (NYSE:KT) by 5.1% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 13,514 shares of the technology company’s stock after purchasing an additional 652 shares during the quarter. Qtron Investments LLC’s holdings in KT were worth $210,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. R Squared Ltd acquired a new position in shares of KT in the 4th quarter worth approximately $36,000. Principal Securities Inc. grew its holdings in KT by 70.6% in the 4th quarter. Principal Securities Inc. now owns 3,730 shares of the technology company’s stock worth $58,000 after buying an additional 1,544 shares in the last quarter. GAMMA Investing LLC lifted its holdings in KT by 80.7% in the fourth 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 during the period. Global Retirement Partners LLC increased its stake in shares of KT by 58.2% during the fourth quarter. Global Retirement Partners LLC now owns 7,253 shares of the technology company’s stock valued at $113,000 after acquiring an additional 2,667 shares during the period. Finally, TD Private Client Wealth LLC raised its stake in shares of KT by 37.5% in the 4th quarter. TD Private Client Wealth LLC now owns 7,996 shares of the technology company’s stock worth $124,000 after buying an additional 2,181 shares in the last quarter. Institutional investors own 18.86% of the company’s stock.

KT Price Performance

Shares of NYSE:KT opened at $17.31 on Monday. The stock has a market capitalization of $8.92 billion, a P/E ratio of 9.72, a P/E/G ratio of 0.37 and a beta of 0.83. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.04 and a quick ratio of 0.98. The business has a 50-day moving average of $17.49 and a two-hundred day moving average of $16.60. KT Co. has a fifty-two week low of $12.10 and a fifty-two week high of $18.74.

Wall Street Analyst Weigh In

KT has been the topic of several recent research reports. UBS Group assumed coverage on shares of KT in a research report on Wednesday, February 19th. They issued a “buy” rating on the stock. The Goldman Sachs Group raised KT from a “neutral” rating to a “buy” rating in a report on Monday, March 3rd. Finally, StockNews.com lowered KT from a “strong-buy” rating to a “buy” rating in a report on Thursday, February 20th.

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.