2 weeks Ago By Defense World Staff
Cerity Partners LLC grew its holdings in KT Co. (NYSE:KT – Free Report) by 16.9% in the 4th quarter, according to the company in its most recent filing with the SEC.
The firm owned 43,736 shares of the technology company’s stock after buying an additional 6,332 shares during the quarter. Cerity Partners LLC’s holdings in KT were worth $677,000 at the end of the most recent quarter. Other large investors have also recently made changes to their positions in the company.
Principal Securities Inc. increased its position in KT by 70.6% during the 4th quarter.
Principal Securities Inc. now owns 3,730 shares of the technology company’s stock valued at $58,000 after purchasing an additional 1,544 shares during the period. Redhawk Wealth Advisors Inc.
boosted its position in KT by 3.5% during the 4th quarter. Redhawk Wealth Advisors Inc.
now owns 46,524 shares of the technology company’s stock valued at $722,000 after acquiring an additional 1,581 shares in the last quarter. Signaturefd LLC grew its holdings in shares of KT by 8.2% during the 4th quarter.
Signaturefd LLC now owns 22,776 shares of the technology company’s stock worth $353,000 after acquiring an additional 1,732 shares during the period. Envestnet Portfolio Solutions Inc. raised its position in shares of KT by 15.
4% in 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, TD Private Client Wealth LLC boosted its position in shares of KT by 37.5% during the fourth quarter. TD Private Client Wealth LLC now owns 7,996 shares of the technology company’s stock valued at $124,000 after purchasing an additional 2,181 shares in the last quarter.
18.86% of the stock is currently owned by institutional investors. KT Price PerformanceKT opened at $18.
01 on Monday. The company’s 50-day simple moving average is $17.56 and its two-hundred day simple moving average is $16.
68. KT Co. has a 52-week low of $12.
39 and a 52-week high of $18.74. The stock has a market capitalization of $9.
29 billion, a P/E ratio of 10.12, 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 quick ratio of 0.
98 and a current ratio of 1.04. Analyst Upgrades and DowngradesA number of brokerages have recently commented on KT.
The Goldman Sachs Group upgraded shares of KT from a “neutral” rating to a “buy” rating in a report on Monday, March 3rd. UBS Group assumed coverage on shares of KT in a research note on Wednesday, February 19th. They set a “buy” rating for the company.
Finally, StockNews.com downgraded KT from a “strong-buy” rating to a “buy” rating in a research note on Thursday, February 20th.Check Out Our Latest Research Report on KTKT Profile (Free Report)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.Featured ArticlesFive stocks we like better than KTWhen to Sell a Stock for Profit or LossWith a 60%+ Upside, There’s Plenty to Love About LovesacUtilities Stocks Explained – How and Why to Invest in UtilitiesJ.B.
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