Katy Industries Inc (NYSE:KT) Shifting Institutional Investors Sentiment

April 17, 2018 - By reb123z

KT Corporation (NYSE:KT) Logo

Sentiment for Katy Industries Inc (NYSE:KT)

Katy Industries Inc (NYSE:KT) institutional sentiment decreased to 1.16 in 2017 Q4. Its down -0.70, from 1.86 in 2017Q3. The ratio turned negative, as 65 active investment managers opened new or increased positions, while 56 sold and reduced positions in Katy Industries Inc. The active investment managers in our partner’s database now own: 111.78 million shares, up from 103.21 million shares in 2017Q3. Also, the number of active investment managers holding Katy Industries Inc in their top 10 positions decreased from 5 to 4 for a decrease of 1. Sold All: 20 Reduced: 36 Increased: 50 New Position: 15.

KT Corporation provides telecommunications services in Korea. The company has market cap of $6.08 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 14.72 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.

The stock decreased 0.64% or $0.09 during the last trading session, reaching $13.37. About 459,485 shares traded. KT Corporation (NYSE:KT) has declined 21.81% since April 17, 2017 and is downtrending. It has underperformed by 33.36% the S&P500.

Silchester International Investors Llp holds 18.93% of its portfolio in KT Corporation for 26.79 million shares. Mittleman Brothers Llc owns 1.44 million shares or 10.05% of their US portfolio. Moreover, Kopernik Global Investors Llc has 6.78% invested in the company for 2.36 million shares. The United Kingdom-based Somerset Capital Management Llp has invested 4.35% in the stock. Kiltearn Partners Llp, a United Kingdom-based fund reported 10.40 million shares.#img1#

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