KT Co. (NYSE:KT) Stock Holdings Lifted by Redhawk Wealth Advisors Inc.

Redhawk Wealth Advisors Inc. increased its holdings in shares of KT Co. (NYSE:KT) by 3.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 46,524 shares of the technology company’s stock after acquiring an additional 1,581 shares during the quarter. Redhawk Wealth Advisors Inc.’s holdings in KT were worth $722,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Robeco Institutional Asset Management B.V. raised its position in shares of KT by 44.0% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 3,608,115 shares of the technology company’s stock worth $55,493,000 after purchasing an additional 1,101,669 shares during the period. Sei Investments Co. grew its stake in KT by 2.3% during the 2nd quarter. Sei Investments Co. now owns 1,519,693 shares of the technology company’s stock worth $20,774,000 after buying an additional 34,164 shares during the last quarter. FMR LLC increased its position in KT by 10.1% in the third quarter. FMR LLC now owns 711,072 shares of the technology company’s stock worth $10,936,000 after buying an additional 65,415 shares during the period. National Bank of Canada FI bought a new stake in KT in the third quarter valued at $7,611,000. Finally, Envestnet Asset Management Inc. boosted its holdings in shares of KT by 31.1% during the second quarter. Envestnet Asset Management Inc. now owns 406,381 shares of the technology company’s stock valued at $5,555,000 after acquiring an additional 96,518 shares during the period. Institutional investors own 18.86% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com cut shares of KT from a “strong-buy” rating to a “buy” rating in a report on Wednesday.

KT Stock Performance

Shares of NYSE KT opened at $16.56 on Friday. KT Co. has a 12-month low of $12.10 and a 12-month high of $18.45. The company has a current ratio of 1.04, a quick ratio of 0.98 and a debt-to-equity ratio of 0.28. The company has a market cap of $8.54 billion, a PE ratio of 9.30, a P/E/G ratio of 0.38 and a beta of 0.95. The stock has a 50 day simple moving average of $16.21 and a 200-day simple moving average of $15.23.

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.