XTX Topco Ltd Purchases Shares of 13,945 KT Co. (NYSE:KT)

XTX Topco Ltd purchased a new position in KT Co. (NYSE:KT) during the 3rd quarter, HoldingsChannel reports. The fund purchased 13,945 shares of the technology company’s stock, valued at approximately $214,000.

Several other institutional investors have also recently made changes to their positions in the company. Venturi Wealth Management LLC grew its position in KT by 3,915.8% during the third quarter. Venturi Wealth Management LLC now owns 4,578 shares of the technology company’s stock worth $70,000 after buying an additional 4,464 shares in the last quarter. Envestnet Portfolio Solutions Inc. purchased a new position in shares of KT during the second quarter worth about $140,000. Private Advisor Group LLC bought a new stake in KT during the third quarter valued at approximately $164,000. Centiva Capital LP purchased a new position in KT in the 3rd quarter worth approximately $191,000. Finally, Townsquare Capital LLC bought a new position in shares of KT in the 3rd quarter worth $219,000. Institutional investors own 18.86% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on KT. StockNews.com upgraded shares of KT from a “buy” rating to a “strong-buy” rating in a research report on Saturday, November 16th. New Street Research raised KT to a “strong-buy” rating in a report on Monday, September 9th.

KT Price Performance

Shares of KT stock opened at $16.12 on Friday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.98 and a current ratio of 1.04. KT Co. has a 52-week low of $12.10 and a 52-week high of $18.45. The company has a fifty day moving average of $16.10 and a 200-day moving average of $14.89. The stock has a market capitalization of $8.31 billion, a price-to-earnings ratio of 9.06, a price-to-earnings-growth ratio of 1.15 and a beta of 0.93.

About KT

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.