Signaturefd LLC Increases Stock Position in KT Co. (NYSE:KT)

Signaturefd LLC grew its position in KT Co. (NYSE:KT) by 9,877.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,776 shares of the technology company’s stock after purchasing an additional 10,668 shares during the period. Signaturefd LLC’s holdings in KT were worth $145,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in KT. CWM LLC increased its holdings in KT by 17.9% during the third quarter. CWM LLC now owns 5,832 shares of the technology company’s stock worth $75,000 after buying an additional 887 shares during the last quarter. Caprock Group LLC purchased a new stake in KT during the third quarter worth about $242,000. Simplicity Solutions LLC increased its holdings in KT by 7.4% during the third quarter. Simplicity Solutions LLC now owns 18,355 shares of the technology company’s stock worth $235,000 after buying an additional 1,264 shares during the last quarter. PDS Planning Inc purchased a new stake in KT during the third quarter worth about $183,000. Finally, Commonwealth Equity Services LLC increased its holdings in KT by 9.7% during the third quarter. Commonwealth Equity Services LLC now owns 18,698 shares of the technology company’s stock worth $240,000 after buying an additional 1,652 shares during the last quarter. Hedge funds and other institutional investors own 18.86% of the company’s stock.

KT Price Performance

Shares of NYSE:KT opened at $12.59 on Monday. The company has a quick ratio of 1.03, a current ratio of 1.10 and a debt-to-equity ratio of 0.39. The firm has a market capitalization of $6.49 billion, a PE ratio of 8.12, a P/E/G ratio of 1.38 and a beta of 0.82. KT Co. has a twelve month low of $11.04 and a twelve month high of $15.35. The company has a 50-day moving average price of $13.77 and a two-hundred day moving average price of $13.29.

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

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.

About KT

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.