KT Co. (NYSE:KT) Shares Sold by Schechter Investment Advisors LLC

Schechter Investment Advisors LLC decreased its position in KT Co. (NYSE:KT) by 5.5% in the 4th quarter, HoldingsChannel reports. The firm owned 23,689 shares of the technology company’s stock after selling 1,372 shares during the period. Schechter Investment Advisors LLC’s holdings in KT were worth $368,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. R Squared Ltd acquired a new position in shares of KT in the fourth quarter valued at approximately $36,000. Principal Securities Inc. raised its holdings in KT by 70.6% in the 4th quarter. Principal Securities Inc. now owns 3,730 shares of the technology company’s stock valued at $58,000 after acquiring an additional 1,544 shares during the last quarter. Venturi Wealth Management LLC lifted its stake in shares of KT by 3,915.8% during the 3rd quarter. Venturi Wealth Management LLC now owns 4,578 shares of the technology company’s stock worth $70,000 after purchasing an additional 4,464 shares during the period. GAMMA Investing LLC boosted its holdings in shares of KT by 80.7% during the fourth quarter. GAMMA Investing LLC now owns 6,497 shares of the technology company’s stock worth $101,000 after purchasing an additional 2,902 shares during the last quarter. Finally, Global Retirement Partners LLC grew its position in shares of KT by 58.2% in the fourth quarter. Global Retirement Partners LLC now owns 7,253 shares of the technology company’s stock valued at $113,000 after purchasing an additional 2,667 shares during the period. 18.86% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

KT has been the topic of a number of research analyst reports. UBS Group began coverage on KT in a research note on Wednesday, February 19th. They issued a “buy” rating on the stock. The Goldman Sachs Group raised shares of KT from a “neutral” rating to a “buy” rating in a research report on Monday. Finally, StockNews.com downgraded shares of KT from a “strong-buy” rating to a “buy” rating in a research note on Thursday, February 20th.

KT Price Performance

KT stock opened at $17.95 on Thursday. The stock has a 50-day moving average price of $16.81 and a two-hundred day moving average price of $16.09. The company has a market cap of $9.25 billion, a PE ratio of 10.08, a price-to-earnings-growth ratio of 0.37 and a beta of 0.95. The company has a current ratio of 1.04, a quick ratio of 0.98 and a debt-to-equity ratio of 0.28. KT Co. has a 12-month low of $12.10 and a 12-month high of $18.45.

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.