Janiczek Wealth Management LLC Has $116,000 Stake in KT Co. (NYSE:KT)

Janiczek Wealth Management LLC lifted its position in shares of KT Co. (NYSE:KT) by 145.1% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,254 shares of the technology company’s stock after purchasing an additional 4,886 shares during the quarter. Janiczek Wealth Management LLC’s holdings in KT were worth $116,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of KT. CWA Asset Management Group LLC grew its stake in shares of KT by 455.5% during the 3rd quarter. CWA Asset Management Group LLC now owns 191,145 shares of the technology company’s stock worth $2,450,000 after acquiring an additional 156,733 shares during the period. Ramirez Asset Management Inc. bought a new position in KT during the 3rd quarter worth approximately $1,839,000. LSV Asset Management bought a new position in KT during the 4th quarter worth approximately $1,206,000. Silchester International Investors LLP grew its position in KT by 0.3% during the 4th quarter. Silchester International Investors LLP now owns 26,168,715 shares of the technology company’s stock worth $351,708,000 after acquiring an additional 78,600 shares during the last quarter. Finally, Capstone Investment Advisors LLC grew its position in shares of KT by 225.4% in the 4th quarter. Capstone Investment Advisors LLC now owns 106,010 shares of the technology company’s stock worth $1,425,000 after buying an additional 73,433 shares during the last quarter. 18.86% of the stock is owned by institutional investors and hedge funds.

KT Stock Performance

Shares of KT traded up $0.13 during trading hours on Thursday, hitting $13.59. The stock had a trading volume of 379,984 shares, compared to its average volume of 813,973. The stock has a fifty day moving average price of $13.19 and a 200 day moving average price of $13.51. KT Co. has a 12 month low of $11.04 and a 12 month high of $15.35. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.07 and a quick ratio of 1.00. The firm has a market capitalization of $7.01 billion, a PE ratio of 8.11, a PEG ratio of 0.95 and a beta of 0.89.

KT (NYSE:KT) last released its quarterly earnings data on Friday, May 24th. The technology company reported $0.57 earnings per share for the quarter. The firm had revenue of $5 billion during the quarter. KT had a return on equity of 5.55% and a net margin of 4.09%. Analysts anticipate that KT Co. will post 1.79 EPS for the current year.

Analyst Ratings Changes

Separately, StockNews.com cut KT from a “strong-buy” rating to a “buy” rating in a research note on Thursday, April 18th.

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.