KT Co. (NYSE:KT) Shares Bought by PDS Planning Inc

PDS Planning Inc boosted its position in KT Co. (NYSE:KT) by 9.8% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 15,669 shares of the technology company’s stock after buying an additional 1,398 shares during the period. PDS Planning Inc’s holdings in KT were worth $211,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently bought and sold shares of KT. CWM LLC grew its position in KT by 17.9% in the 3rd quarter. CWM LLC now owns 5,832 shares of the technology company’s stock valued at $75,000 after buying an additional 887 shares during the last quarter. Ronald Blue Trust Inc. boosted its position in shares of KT by 46.7% during the 3rd quarter. Ronald Blue Trust Inc. now owns 4,837 shares of the technology company’s stock worth $62,000 after purchasing an additional 1,540 shares in the last quarter. Ritholtz Wealth Management boosted its position in shares of KT by 39.8% during the 3rd quarter. Ritholtz Wealth Management now owns 33,937 shares of the technology company’s stock worth $435,000 after purchasing an additional 9,655 shares in the last quarter. Caprock Group LLC purchased a new stake in shares of KT during the 3rd quarter worth $242,000. Finally, Simplicity Solutions LLC boosted its position in shares of KT by 7.4% during the 3rd quarter. Simplicity Solutions LLC now owns 18,355 shares of the technology company’s stock worth $235,000 after purchasing an additional 1,264 shares in the last quarter. 18.86% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, StockNews.com lowered shares of KT from a “strong-buy” rating to a “buy” rating in a research report on Thursday, April 18th.

KT Price Performance

Shares of NYSE KT opened at $12.69 on Wednesday. The firm has a market capitalization of $6.54 billion, a P/E ratio of 8.19, a PEG ratio of 1.38 and a beta of 0.82. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.03 and a current ratio of 1.10. KT Co. has a one year low of $11.04 and a one year high of $15.35. The company’s fifty day moving average is $13.87 and its two-hundred day moving average is $13.29.

KT (NYSE:KT) last released its quarterly earnings results on Thursday, February 8th. The technology company reported $0.09 earnings per share (EPS) for the quarter. The business had revenue of $5.08 billion during the quarter. KT had a return on equity of 5.28% and a net margin of 3.84%. Analysts forecast that KT Co. will post 1.78 EPS for the current fiscal year.

KT Profile

KT Corporation provides integrated telecommunications and platform services in Korea and internationally. The company offers 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.