Shares of KT Corp. (NYSE:KT) hit a new 52-week high on Thursday . The stock traded as high as $15.29 and last traded at $15.24, with a volume of 303,760 shares. The stock had previously closed at $15.17.

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

The stock’s 50 day moving average is $14.34 and its 200 day moving average is $13.28. The company has a market cap of $7.49 billion and a P/E ratio of 18.14.

A number of large investors have added to or reduced their stakes in KT. TD Asset Management Inc. increased its stake in KT Corp. by 17.6% in the fourth quarter. TD Asset Management Inc. now owns 138,390 shares of the company’s stock valued at $1,648,000 after buying an additional 20,684 shares during the period. Morgan Stanley increased its stake 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 increased its stake 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. US Bancorp DE increased its stake 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. Finally, Dimensional Fund Advisors LP increased its stake 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.

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