Quantinno Capital Management LP Has $894,000 Stock Holdings in KT Co. (NYSE:KT)

Quantinno Capital Management LP lifted its stake in shares of KT Co. (NYSE:KT) by 43.0% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 58,099 shares of the technology company’s stock after purchasing an additional 17,476 shares during the quarter. Quantinno Capital Management LP’s holdings in KT were worth $894,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Envestnet Portfolio Solutions Inc. acquired a new stake in shares of KT during the 2nd quarter worth approximately $140,000. Blue Trust Inc. increased its stake in shares of KT by 286.1% in the 2nd quarter. Blue Trust Inc. now owns 25,728 shares of the technology company’s stock valued at $361,000 after purchasing an additional 19,064 shares during the last quarter. Raymond James & Associates increased its stake in shares of KT by 5.6% in the 2nd quarter. Raymond James & Associates now owns 333,652 shares of the technology company’s stock valued at $4,561,000 after purchasing an additional 17,782 shares during the last quarter. Legacy Capital Group California Inc. increased its stake in shares of KT by 7.0% in the 2nd quarter. Legacy Capital Group California Inc. now owns 21,496 shares of the technology company’s stock valued at $294,000 after purchasing an additional 1,403 shares during the last quarter. Finally, apricus wealth LLC lifted its position in shares of KT by 7.2% during the 2nd quarter. apricus wealth LLC now owns 183,315 shares of the technology company’s stock worth $2,506,000 after buying an additional 12,340 shares during the last quarter. 18.86% of the stock is owned by institutional investors and hedge funds.

KT Stock Up 1.5 %

Shares of KT opened at $16.24 on Friday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.98 and a current ratio of 1.04. KT Co. has a 52 week low of $12.10 and a 52 week high of $18.45. The stock has a market capitalization of $8.38 billion, a price-to-earnings ratio of 9.12, a PEG ratio of 1.15 and a beta of 0.93. The stock has a fifty day moving average of $15.97 and a 200-day moving average of $14.79.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on KT. New Street Research upgraded KT to a “strong-buy” rating in a research report on Monday, September 9th. StockNews.com upgraded shares of KT from a “buy” rating to a “strong-buy” rating in a research report on Saturday, November 16th.

KT 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.