Robeco Institutional Asset Management B.V. Has $72.51 Million Stock Holdings in KT Co. (NYSE:KT)

Robeco Institutional Asset Management B.V. increased its holdings in shares of KT Co. (NYSE:KT) by 29.5% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor 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.’s holdings in KT were worth $72,507,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in KT. FMR LLC lifted its stake in KT by 10.1% during the third quarter. FMR LLC now owns 711,072 shares of the technology company’s stock worth $10,936,000 after purchasing an additional 65,415 shares during the period. National Bank of Canada FI bought a new position in shares of KT during the 3rd quarter worth approximately $7,611,000. Dimensional Fund Advisors LP boosted its stake in 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. US Bancorp DE grew its position in KT by 17.2% in the third quarter. US Bancorp DE now owns 270,362 shares of the technology company’s stock valued at $4,158,000 after acquiring an additional 39,663 shares during the period. Finally, Teachers Retirement System of The State of Kentucky raised its stake in 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 in the last quarter. Institutional investors own 18.86% of the company’s stock.

KT Stock Performance

NYSE:KT opened at $17.73 on Thursday. The stock has a market capitalization of $9.14 billion, a P/E ratio of 9.96, a price-to-earnings-growth ratio of 0.39 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 Co. has a 1 year low of $12.10 and a 1 year high of $18.45. The firm has a 50 day moving average of $16.55 and a 200-day moving average of $15.50.

KT (NYSE:KT) last issued its quarterly earnings data on Tuesday, November 26th. The technology company reported $0.54 earnings per share (EPS) for the quarter. KT had a return on equity of 6.20% and a net margin of 4.42%. As a group, sell-side analysts anticipate that KT Co. will post 0.85 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of KT from a “buy” rating to a “strong-buy” rating in a research note on Thursday, January 23rd.

KT Company 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.