DGS Capital Management LLC Buys 3,516 Shares of KT Co. (NYSE:KT)

DGS Capital Management LLC raised its position in shares of KT Co. (NYSE:KT) by 2.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 150,880 shares of the technology company’s stock after buying an additional 3,516 shares during the quarter. KT comprises approximately 0.6% of DGS Capital Management LLC’s portfolio, making the stock its 23rd biggest position. DGS Capital Management LLC’s holdings in KT were worth $2,321,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Venturi Wealth Management LLC raised its holdings in KT by 3,915.8% in the third quarter. Venturi Wealth Management LLC now owns 4,578 shares of the technology company’s stock worth $70,000 after buying an additional 4,464 shares during the last quarter. Envestnet Portfolio Solutions Inc. bought a new stake in shares of KT during the second quarter valued at approximately $140,000. MML Investors Services LLC purchased a new position in KT in the 3rd quarter worth approximately $160,000. Private Advisor Group LLC bought a new position in KT in the 3rd quarter valued at approximately $164,000. Finally, Centiva Capital LP purchased a new stake in KT during the 3rd quarter valued at $191,000. Institutional investors own 18.86% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on KT. New Street Research upgraded KT to a “strong-buy” rating in a research note on Monday, September 9th. StockNews.com raised KT from a “buy” rating to a “strong-buy” rating in a research report on Saturday, November 16th.

KT Stock Performance

KT stock traded up $0.08 during midday trading on Friday, reaching $16.08. 522,620 shares of the company traded hands, compared to its average volume of 954,148. KT Co. has a 12 month low of $12.10 and a 12 month high of $18.45. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.04 and a quick ratio of 0.98. The business has a 50 day moving average of $15.97 and a two-hundred day moving average of $14.79. The firm has a market capitalization of $8.29 billion, a price-to-earnings ratio of 8.99, a price-to-earnings-growth ratio of 1.15 and a beta of 0.93.

KT Company Profile

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.