Baldwin Wealth Partners LLC MA Sells 11,821 Shares of KT Co. (NYSE:KT)

Baldwin Wealth Partners LLC MA decreased its holdings in shares of KT Co. (NYSE:KT) by 45.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 14,305 shares of the technology company’s stock after selling 11,821 shares during the quarter. Baldwin Wealth Partners LLC MA’s holdings in KT were worth $222,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of KT. Envestnet Asset Management Inc. lifted its holdings in KT by 31.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 406,381 shares of the technology company’s stock worth $5,555,000 after purchasing an additional 96,518 shares during the last quarter. Dimensional Fund Advisors LP raised its position in shares of KT by 0.3% in the second quarter. Dimensional Fund Advisors LP now owns 367,353 shares of the technology company’s stock valued at $5,021,000 after purchasing an additional 1,244 shares during the period. Marshall Wace LLP lifted its stake in shares of KT by 352.2% in the second quarter. Marshall Wace LLP now owns 118,045 shares of the technology company’s stock worth $1,614,000 after buying an additional 91,940 shares during the last quarter. Kathmere Capital Management LLC boosted its holdings in shares of KT by 61.1% during the 2nd quarter. Kathmere Capital Management LLC now owns 17,055 shares of the technology company’s stock worth $233,000 after buying an additional 6,471 shares during the period. Finally, Creative Planning grew its stake in KT by 36.2% in the 2nd quarter. Creative Planning now owns 136,410 shares of the technology company’s stock valued at $1,865,000 after buying an additional 36,241 shares during the last quarter. Institutional investors own 18.86% of the company’s stock.

KT Price Performance

Shares of NYSE:KT opened at $17.94 on Tuesday. The company has a market cap of $9.25 billion, a price-to-earnings ratio of 10.08, a PEG ratio of 0.39 and a beta of 0.95. The business has a 50 day moving average price of $16.42 and a 200 day moving average price of $15.42. The company has a quick ratio of 0.98, a current ratio of 1.04 and a debt-to-equity ratio of 0.28. KT Co. has a twelve month low of $12.10 and a twelve month high of $18.45.

KT (NYSE:KT) last posted its quarterly earnings data on Tuesday, November 26th. The technology company reported $0.54 earnings per share for the quarter. KT had a return on equity of 6.20% and a net margin of 4.42%. Research analysts predict that KT Co. will post 0.85 earnings per share for the current year.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of KT from a “buy” rating to a “strong-buy” rating in a research report on Thursday, January 23rd.

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.