O Shaughnessy Asset Management LLC Increases Stock Position in KT Co. (NYSE:KT)

O Shaughnessy Asset Management LLC boosted its position in shares of KT Co. (NYSE:KT) by 3.5% in the fourth quarter, Holdings Channel.com reports. The firm owned 621,606 shares of the technology company’s stock after acquiring an additional 21,222 shares during the period. O Shaughnessy Asset Management LLC’s holdings in KT were worth $9,647,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. R Squared Ltd acquired a new position in shares of KT in the 4th quarter valued at approximately $36,000. Principal Securities Inc. raised its holdings in KT by 70.6% in the fourth quarter. Principal Securities Inc. now owns 3,730 shares of the technology company’s stock valued at $58,000 after acquiring an additional 1,544 shares in the last quarter. GAMMA Investing LLC raised 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 valued at $101,000 after acquiring an additional 2,902 shares in the last quarter. Global Retirement Partners LLC boosted its stake in KT by 58.2% during the 4th 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 last quarter. Finally, TD Private Client Wealth LLC grew its holdings in KT by 37.5% during the 4th quarter. TD Private Client Wealth LLC now owns 7,996 shares of the technology company’s stock worth $124,000 after acquiring an additional 2,181 shares in the last quarter. Hedge funds and other institutional investors own 18.86% of the company’s stock.

Analyst Upgrades and Downgrades

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

KT Trading Up 1.1 %

NYSE KT opened at $17.72 on Tuesday. 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 one year low of $12.10 and a one year high of $18.74. The company has a 50-day simple moving average of $17.53 and a 200-day simple moving average of $16.47. 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 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.