KT Corp. (NYSE:KT) reached a new 52-week high on Thursday . The stock traded as high as $14.85 and last traded at $14.77, with a volume of 125,495 shares trading hands. The stock had previously closed at $14.64.

Several equities research analysts have recently weighed in on KT shares. HSBC raised KT Corp. from a “hold” rating to a “buy” rating in a research report on Wednesday, April 27th. Zacks Investment Research upgraded KT Corp. from a “hold” rating to a “buy” rating and set a $15.00 target price for the company in a research note on Monday, April 4th. Finally, TheStreet upgraded KT Corp. from a “sell” rating to a “hold” rating in a research note on Wednesday, March 30th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $15.00.

The stock has a market capitalization of $7.23 billion and a price-to-earnings ratio of 17.57. The company’s 50-day moving average price is $14.21 and its 200 day moving average price is $13.07.

Several hedge funds and institutional investors recently bought and sold shares of the company. Morgan Stanley raised its position in KT Corp. by 41.0% in the fourth quarter. Morgan Stanley now owns 2,304,813 shares of the company’s stock valued at $27,450,000 after buying an additional 670,754 shares during the period. Standard Life Investments LTD raised its position in KT Corp. by 139.3% in the fourth quarter. Standard Life Investments LTD now owns 1,398,072 shares of the company’s stock valued at $16,644,000 after buying an additional 813,872 shares during the period. GAM Holding AG raised its position in KT Corp. by 6.0% in the fourth quarter. GAM Holding AG now owns 1,202,700 shares of the company’s stock valued at $14,324,000 after buying an additional 68,600 shares during the period. Dimensional Fund Advisors LP raised its position in KT Corp. by 1.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 639,551 shares of the company’s stock valued at $7,617,000 after buying an additional 8,559 shares during the period. Finally, US Bancorp DE raised its position in KT Corp. by 6,739.3% in the fourth quarter. US Bancorp DE now owns 214,411 shares of the company’s stock valued at $2,554,000 after buying an additional 211,276 shares during the period.

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