Is there a Bearish outlook for KT Corporation (NYSE:KT) this week?

February 15, 2018 - By Max Morgan

 Is there a Bearish outlook for KT Corporation (NYSE:KT) this week?
Investors sentiment increased to 1.86 in 2017 Q3. Its up 0.30, from 1.56 in 2017Q2. It increased, as 8 investors sold KT Corporation shares while 34 reduced holdings. 30 funds opened positions while 48 raised stakes. 103.21 million shares or 11.24% less from 116.28 million shares in 2017Q2 were reported.
Evergreen Limited Liability Company, a Washington-based fund reported 18,375 shares. Gam Holding Ag invested 0.11% of its portfolio in KT Corporation (NYSE:KT). Mittleman Brothers Ltd Com accumulated 1.41M shares. Hightower Advsrs Ltd Liability accumulated 49,423 shares. Us Financial Bank De holds 0.04% of its portfolio in KT Corporation (NYSE:KT) for 973,659 shares. Nationwide Fund stated it has 0% of its portfolio in KT Corporation (NYSE:KT). Acadian Asset Mgmt Limited Liability has 6.80M shares for 0.42% of their portfolio. Verition Fund Mgmt Ltd Liability stated it has 86,389 shares or 0.1% of all its holdings. Moreover, Fmr Limited Liability Co has 0% invested in KT Corporation (NYSE:KT) for 532,812 shares. Clearbridge Limited Liability Company holds 0.01% in KT Corporation (NYSE:KT) or 381,608 shares. Lingohr And Partner Asset Mngmt Gmbh reported 69,500 shares. Quantbot Lp has invested 0.09% in KT Corporation (NYSE:KT). Greenleaf holds 35,859 shares or 0.01% of its portfolio. Arrowstreet Lp has 0.08% invested in KT Corporation (NYSE:KT). Apg Asset Nv invested 0.01% in KT Corporation (NYSE:KT).

KT Corporation (NYSE:KT) Ratings Coverage

Among 4 analysts covering KT (NYSE:KT), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. KT had 4 analyst reports since September 16, 2015 according to SRatingsIntel. Goldman Sachs downgraded the shares of KT in report on Tuesday, October 6 to “Neutral” rating. The firm has “Outperform” rating by Macquarie Research given on Wednesday, September 16. The rating was upgraded by HSBC on Wednesday, April 27 to “Buy”. The stock has “Buy” rating by Nomura on Friday, July 28. Below is a list of KT Corporation (NYSE:KT) latest ratings and price target changes.

The stock decreased 0.37% or $0.05 during the last trading session, reaching $13.05. About 1.01M shares traded or 6.09% up from the average. KT Corporation (NYSE:KT) has risen 15.78% since February 15, 2017 and is uptrending. It has underperformed by 0.92% the S&P500.

KT Corporation provides telecommunications services in Korea. The company has market cap of $5.91 billion. The firm offers fixed-line telephone services, including local, domestic long-distance, and international long-distance fixed-line and voice over Internet protocol telephone services, as well as interconnection services; Internet phone services; broadband Internet access and other Internet-related services, including Internet protocol television services; and data communication services, including leased line and dedicated broadband Internet connection services to institutional customers. It has a 10.03 P/E ratio. It also provides mobile voice and data telecommunications services; and credit card processing and other financial services, as well as sells mobile handsets.

More recent KT Corporation (NYSE:KT) news were published by: Marketwatch.com which released: “KT Corp. ADR” on October 01, 2016. Also Benzinga.com published the news titled: “Pyeongchang 2018: A Winter Olympics Stock Portfolio” on February 08, 2018. Seekingalpha.com‘s news article titled: “Wall Street Breakfast: US Stock Recovery In Doubt?” with publication date: February 13, 2018 was also an interesting one.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.




Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: