KT Co. (NYSE:KT) Shares Acquired by O Shaughnessy Asset Management LLC

O Shaughnessy Asset Management LLC boosted its holdings in KT Co. (NYSE:KT) by 3.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 621,606 shares of the technology company’s stock after purchasing an additional 21,222 shares during the quarter. O Shaughnessy Asset Management LLC owned approximately 0.12% of KT worth $9,647,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in KT. Robeco Institutional Asset Management B.V. lifted its holdings in shares of KT by 29.5% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 4,671,851 shares of the technology company’s stock worth $72,507,000 after acquiring an additional 1,063,736 shares during the period. North of South Capital LLP raised its stake in KT by 2,407.3% during the fourth quarter. North of South Capital LLP now owns 4,217,653 shares of the technology company’s stock worth $65,458,000 after purchasing an additional 4,049,439 shares during the period. Ninety One UK Ltd acquired a new position in shares of KT in the 4th quarter valued at $59,145,000. Boston Partners increased its holdings in shares of KT by 215.6% during the 4th quarter. Boston Partners now owns 1,247,881 shares of the technology company’s stock worth $19,380,000 after buying an additional 852,539 shares during the last quarter. Finally, Ninety One North America Inc. purchased a new position in shares of KT in the 4th quarter worth $12,749,000. 18.86% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the company. UBS Group initiated coverage on KT in a research report on Wednesday, February 19th. They set a “buy” rating for the company. StockNews.com downgraded shares of KT from a “strong-buy” rating to a “buy” rating in a research report on Thursday, February 20th. Finally, The Goldman Sachs Group raised shares of KT from a “neutral” rating to a “buy” rating in a research report on Monday, March 3rd.

KT Trading Up 1.1 %

NYSE:KT opened at $17.72 on Tuesday. The business’s 50-day moving average is $17.53 and its two-hundred day moving average is $16.47. The firm has a market capitalization of $9.14 billion, a PE ratio of 9.95, a price-to-earnings-growth ratio of 0.37 and a beta of 0.95. KT Co. has a 12 month low of $12.10 and a 12 month high of $18.74. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.04 and a quick ratio of 0.98.

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.