KT Co. (NYSE:KT) Shares Acquired by TD Private Client Wealth LLC

TD Private Client Wealth LLC increased its holdings in shares of KT Co. (NYSE:KT) by 37.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 7,996 shares of the technology company’s stock after acquiring an additional 2,181 shares during the period. TD Private Client Wealth LLC’s holdings in KT were worth $124,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the business. Lingohr Asset Management GmbH acquired a new position in shares of KT during the 4th quarter worth $1,569,000. Boston Partners increased its holdings in KT by 215.6% in the fourth quarter. Boston Partners now owns 1,247,881 shares of the technology company’s stock valued at $19,380,000 after buying an additional 852,539 shares in the last quarter. Signaturefd LLC lifted its position in shares of KT by 8.2% during the 4th quarter. Signaturefd LLC now owns 22,776 shares of the technology company’s stock valued at $353,000 after acquiring an additional 1,732 shares during the period. Envestnet Portfolio Solutions Inc. boosted its stake in shares of KT by 15.4% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 14,959 shares of the technology company’s stock worth $232,000 after acquiring an additional 1,996 shares in the last quarter. Finally, Natixis Advisors LLC grew its holdings in shares of KT by 23.0% in the 4th quarter. Natixis Advisors LLC now owns 242,160 shares of the technology company’s stock worth $3,758,000 after acquiring an additional 45,225 shares during the period. Hedge funds and other institutional investors own 18.86% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have weighed in on KT. StockNews.com lowered KT from a “strong-buy” rating to a “buy” rating in a report on Thursday, February 20th. The Goldman Sachs Group upgraded shares of KT from a “neutral” rating to a “buy” rating in a report on Monday, March 3rd. Finally, UBS Group initiated coverage on shares of KT in a report on Wednesday, February 19th. They issued a “buy” rating on the stock.

KT Stock Performance

KT stock opened at $17.75 on Wednesday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.98 and a current ratio of 1.04. KT Co. has a fifty-two week low of $12.10 and a fifty-two week high of $18.74. The stock has a fifty day moving average of $17.44 and a two-hundred day moving average of $16.41. The company has a market capitalization of $9.15 billion, a price-to-earnings ratio of 9.97, a PEG ratio of 0.37 and a beta of 0.95.

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.