Signaturefd LLC Has $145,000 Stock Holdings in KT Co. (NYSE:KT)

Signaturefd LLC increased its holdings in KT Co. (NYSE:KT) by 9,877.8% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor 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 quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Janiczek Wealth Management LLC acquired a new position in KT in the fourth quarter worth about $45,000. CWM LLC raised its position in KT by 17.9% in the third quarter. CWM LLC now owns 5,832 shares of the technology company’s stock worth $75,000 after purchasing an additional 887 shares in the last quarter. Quantbot Technologies LP acquired a new stake in shares of KT during the third quarter worth approximately $104,000. Blue Trust Inc. increased its holdings in shares of KT by 84.0% during the fourth quarter. Blue Trust Inc. now owns 8,900 shares of the technology company’s stock worth $114,000 after buying an additional 4,063 shares in the last quarter. Finally, BSW Wealth Partners acquired a new stake in shares of KT during the third quarter worth approximately $171,000. Institutional investors and hedge funds own 18.86% of the company’s stock.

KT Price Performance

KT opened at $12.59 on Monday. KT Co. has a one year low of $11.04 and a one year high of $15.35. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.10 and a quick ratio of 1.03. The company’s 50 day simple moving average is $13.77 and its 200-day simple moving average is $13.29. The stock has a market capitalization of $6.49 billion, a P/E ratio of 8.12, a price-to-earnings-growth ratio of 1.38 and a beta of 0.82.

KT (NYSE:KT) last announced its quarterly earnings data on Thursday, February 8th. The technology company reported $0.09 earnings per share (EPS) for the quarter. KT had a net margin of 3.84% and a return on equity of 5.28%. The firm had revenue of $5.08 billion for the quarter. Sell-side analysts anticipate that KT Co. will post 1.78 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered shares of KT from a “strong-buy” rating to a “buy” rating in a report on Thursday, April 18th.

KT Company Profile

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.