KT (KT) Forms $15.87 Double Bottom; Westar Energy Has 1.28 Sentiment

Westar Energy, Inc., an electric utility company, generates, transmits, and distributes electricity in Kansas. The company has market cap of $7.35 billion. The firm has 6,292 megawatts of electric generation capacity that produces electricity through various fuel types, including coal, uranium, natural gas, and diesel. It has a 21.46 P/E ratio. It also owns approximately 6,400 miles of transmission lines, 24,000 miles of overhead distribution lines, and 5,000 miles of underground distribution lines.

KT Corporation (KT) formed double bottom with $15.39 target or 3.00% below today’s $15.87 share price. KT Corporation (KT) has $6.80B valuation. The stock decreased 0.06% or $0.01 during the last trading session, reaching $15.87. About 378,862 shares traded. KT Corporation (NYSE:KT) has risen 15.78% since January 9, 2017 and is uptrending. It has underperformed by 0.92% the S&P500.

Investors sentiment increased to 1.86 in Q3 2017. Its up 0.30, from 1.56 in 2017Q2. It is positive, 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. Silchester Investors Llp invested in 26.03M shares or 18.16% of the stock. Moreover, Parametric Port Associate Limited Liability Co has 0.03% invested in KT Corporation (NYSE:KT). First Tru Advsrs Limited Partnership owns 88,814 shares or 0% of their US portfolio. New York State Common Retirement Fund has 0.01% invested in KT Corporation (NYSE:KT) for 324,502 shares. Mirae Asset Glob Invs Limited holds 0.01% or 58,686 shares. Dimensional Fund Advsrs L P invested in 490,382 shares or 0% of the stock. Trexquant Invest Limited Partnership holds 0.11% of its portfolio in KT Corporation (NYSE:KT) for 30,576 shares. Verition Fund Mngmt Ltd Liability holds 86,389 shares. State Street Corporation holds 0% or 590,594 shares in its portfolio. Dynamic Cap Mgmt Ltd owns 141,232 shares. Cap Limited Ca accumulated 24,800 shares. Oz Mgmt Limited Partnership reported 61,041 shares. Barclays Public Ltd Company accumulated 0% or 149,867 shares. Raymond James & Associate has invested 0% of its portfolio in KT Corporation (NYSE:KT). Hbk Invs L P invested in 0.01% or 120,800 shares.

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. The stock has “Outperform” rating by Macquarie Research on Wednesday, September 16. As per Wednesday, April 27, the company rating was upgraded by HSBC. The stock of KT Corporation (NYSE:KT) earned “Neutral” rating by Goldman Sachs on Tuesday, October 6. The firm has “Buy” rating by Nomura given on Friday, July 28.

Highvista Strategies Llc holds 3.08% of its portfolio in Westar Energy, Inc. for 273,286 shares. Water Island Capital Llc owns 708,068 shares or 1.66% of their US portfolio. Moreover, Gabelli & Co Investment Advisers Inc. has 1.29% invested in the company for 225,332 shares. The Connecticut-based Yakira Capital Management Inc. has invested 1.23% in the stock. Rockland Trust Co, a Massachusetts-based fund reported 154,770 shares.

Analysts await Westar Energy, Inc. (NYSE:WR) to report earnings on February, 28. They expect $0.39 EPS, up 2.63% or $0.01 from last year’s $0.38 per share. WR’s profit will be $55.42M for 33.15 P/E if the $0.39 EPS becomes a reality. After $1.11 actual EPS reported by Westar Energy, Inc. for the previous quarter, Wall Street now forecasts -64.86% negative EPS growth.