Cerity Partners LLC Has $575,000 Holdings in KT Co. (NYSE:KT)

Cerity Partners LLC raised its holdings in KT Co. (NYSE:KT) by 74.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 37,404 shares of the technology company’s stock after acquiring an additional 15,980 shares during the period. Cerity Partners LLC’s holdings in KT were worth $575,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of KT. Venturi Wealth Management LLC grew its position in shares of KT by 3,915.8% in the 3rd quarter. Venturi Wealth Management LLC now owns 4,578 shares of the technology company’s stock valued at $70,000 after purchasing an additional 4,464 shares during the period. Envestnet Portfolio Solutions Inc. acquired a new position in shares of KT in the second quarter valued at approximately $140,000. Private Advisor Group LLC bought a new stake in shares of KT during the third quarter worth $164,000. Aprio Wealth Management LLC increased its position in shares of KT by 47.2% during the third quarter. Aprio Wealth Management LLC now owns 16,231 shares of the technology company’s stock worth $250,000 after acquiring an additional 5,201 shares in the last quarter. Finally, Kathmere Capital Management LLC raised its holdings in shares of KT by 61.1% during the second quarter. Kathmere Capital Management LLC now owns 17,055 shares of the technology company’s stock worth $233,000 after acquiring an additional 6,471 shares during the period. 18.86% of the stock is currently owned by institutional investors.

KT Price Performance

NYSE KT opened at $16.33 on Friday. The firm’s 50 day moving average is $15.91 and its 200-day moving average is $14.73. The company has a quick ratio of 0.98, a current ratio of 1.04 and a debt-to-equity ratio of 0.28. The company has a market capitalization of $8.42 billion, a PE ratio of 9.17, a price-to-earnings-growth ratio of 1.29 and a beta of 0.93. KT Co. has a 12-month low of $12.10 and a 12-month high of $18.45.

Analyst Ratings Changes

A number of equities analysts have issued reports on KT shares. StockNews.com upgraded KT from a “buy” rating to a “strong-buy” rating in a report on Saturday, November 16th. New Street Research upgraded KT to a “strong-buy” rating in a report on Monday, September 9th.

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.