Euro Pacific Asset Management LLC Sells 869 Shares of KT Co. (NYSE:KT)

Euro Pacific Asset Management LLC decreased its holdings in KT Co. (NYSE:KT) by 7.3% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 11,092 shares of the technology company’s stock after selling 869 shares during the quarter. Euro Pacific Asset Management LLC’s holdings in KT were worth $179,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Robeco Institutional Asset Management B.V. raised its holdings in shares of KT by 44.0% in the third quarter. Robeco Institutional Asset Management B.V. now owns 3,608,115 shares of the technology company’s stock valued at $55,493,000 after buying an additional 1,101,669 shares during the last quarter. National Bank of Canada FI bought a new position in shares of KT in the third quarter worth about $7,611,000. Assetmark Inc. lifted its position in shares of KT by 945.1% during the third quarter. Assetmark Inc. now owns 137,383 shares of the technology company’s stock worth $2,113,000 after purchasing an additional 124,237 shares in the last quarter. BNP Paribas Financial Markets grew its stake in shares of KT by 65.8% during the third quarter. BNP Paribas Financial Markets now owns 246,563 shares of the technology company’s stock valued at $3,792,000 after purchasing an additional 97,838 shares during the last quarter. Finally, Envestnet Asset Management Inc. increased its holdings in shares of KT by 31.1% in the second quarter. Envestnet Asset Management Inc. now owns 406,381 shares of the technology company’s stock valued at $5,555,000 after purchasing an additional 96,518 shares in the last quarter. Institutional investors and hedge funds own 18.86% of the company’s stock.

KT Stock Up 1.2 %

Shares of NYSE KT opened at $17.66 on Friday. 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 firm has a market capitalization of $9.11 billion, a PE ratio of 9.92, a price-to-earnings-growth ratio of 0.39 and a beta of 0.95. The firm’s 50-day moving average is $16.42 and its 200-day moving average is $15.39. KT Co. has a 1 year low of $12.10 and a 1 year high of $18.45.

KT (NYSE:KT) last issued its earnings results on Tuesday, November 26th. The technology company reported $0.54 EPS for the quarter. KT had a net margin of 4.42% and a return on equity of 6.20%. Equities analysts expect that KT Co. will post 0.85 EPS for the current year.

Analyst Ratings Changes

Separately, StockNews.com raised KT from a “buy” rating to a “strong-buy” rating in a research note on Thursday.

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.