Blue Trust Inc. Raises Stock Holdings in Korea Electric Power Co. (NYSE:KEP)

Blue Trust Inc. boosted its stake in shares of Korea Electric Power Co. (NYSE:KEP) by 196.6% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 50,006 shares of the utilities provider’s stock after acquiring an additional 33,144 shares during the period. Blue Trust Inc.’s holdings in Korea Electric Power were worth $355,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. American Century Companies Inc. raised its position in shares of Korea Electric Power by 11.8% during the 2nd quarter. American Century Companies Inc. now owns 339,562 shares of the utilities provider’s stock worth $2,407,000 after purchasing an additional 35,973 shares during the last quarter. Russell Investments Group Ltd. lifted its position in shares of Korea Electric Power by 2.7% in the first quarter. Russell Investments Group Ltd. now owns 329,161 shares of the utilities provider’s stock valued at $2,742,000 after acquiring an additional 8,630 shares in the last quarter. Vanguard Personalized Indexing Management LLC boosted its stake in shares of Korea Electric Power by 24.7% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 71,471 shares of the utilities provider’s stock worth $506,000 after acquiring an additional 14,136 shares during the last quarter. Sei Investments Co. purchased a new stake in shares of Korea Electric Power during the second quarter worth approximately $462,000. Finally, Sequoia Financial Advisors LLC raised its stake in Korea Electric Power by 10.4% in the 1st quarter. Sequoia Financial Advisors LLC now owns 51,570 shares of the utilities provider’s stock valued at $430,000 after purchasing an additional 4,842 shares during the last quarter.

Korea Electric Power Stock Up 0.1 %

Shares of NYSE KEP opened at $7.90 on Thursday. The company has a current ratio of 0.37, a quick ratio of 0.24 and a debt-to-equity ratio of 0.30. The company has a 50-day moving average of $7.86 and a 200 day moving average of $7.53. Korea Electric Power Co. has a 12-month low of $5.93 and a 12-month high of $9.55. The stock has a market cap of $10.14 billion, a PE ratio of 23.24 and a beta of 1.01.

Korea Electric Power (NYSE:KEP) last posted its quarterly earnings results on Monday, September 9th. The utilities provider reported $0.04 EPS for the quarter. Korea Electric Power had a return on equity of 6.93% and a net margin of 2.95%. The firm had revenue of $14.93 billion during the quarter.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of Korea Electric Power from a “hold” rating to a “buy” rating in a report on Thursday, September 5th.

Korea Electric Power Company Profile

Korea Electric Power Corporation, an integrated electric utility company, engages in the generation, transmission, and distribution of electricity in South Korea and internationally. The company operates through Transmission and Distribution, Nuclear Power Generation, Thermal Power Generation, and Others segments.