KT Corp. (NYSE:KT) saw strong trading volume on Thursday . 733,045 shares were traded during mid-day trading, an increase of 31% from the previous session’s volume of 559,533 shares.The stock last traded at $14.69 and had previously closed at $14.70.

Several analysts have weighed in on the company. Zacks Investment Research cut KT Corp. from a “buy” rating to a “hold” rating in a report on Wednesday, June 29th. HSBC raised KT Corp. from a “hold” rating to a “buy” rating in a report on Wednesday, April 27th. Finally, TheStreet raised KT Corp. from a “sell” rating to a “hold” rating in a report on Wednesday, March 30th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $15.00.

The firm’s 50-day moving average price is $14.27 and its 200 day moving average price is $13.17. The stock has a market cap of $7.21 billion and a P/E ratio of 17.14.

Other hedge funds recently made changes to their positions in the company. TD Asset Management Inc. increased its stake in shares of KT Corp. by 17.6% in the fourth quarter. TD Asset Management Inc. now owns 138,390 shares of the company’s stock worth $1,648,000 after buying an additional 20,684 shares during the last quarter. US Bancorp DE increased 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 worth $2,554,000 after buying an additional 211,276 shares during the last quarter. Dimensional Fund Advisors LP increased 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 worth $7,617,000 after buying an additional 8,559 shares during the last quarter. Standard Life Investments LTD increased 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 worth $16,644,000 after buying an additional 813,872 shares during the last quarter. Finally, Morgan Stanley increased 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 worth $27,450,000 after buying an additional 670,754 shares during the last quarter.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.