Korea Electric Power (NYSE:KEP) Rating Increased to Buy at StockNews.com

Korea Electric Power (NYSE:KEP) was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating in a note issued to investors on Thursday.

Korea Electric Power Stock Performance

Shares of KEP opened at $7.80 on Thursday. The company has a market cap of $10.01 billion, a PE ratio of 4.97 and a beta of 1.00. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.37 and a quick ratio of 0.24. The firm has a 50-day moving average of $8.04 and a 200-day moving average of $7.67. Korea Electric Power has a one year low of $6.69 and a one year high of $9.55.

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

Institutional Trading of Korea Electric Power

Hedge funds and other institutional investors have recently bought and sold shares of the business. Connor Clark & Lunn Investment Management Ltd. raised its stake in Korea Electric Power by 46.8% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,193,185 shares of the utilities provider’s stock worth $9,259,000 after purchasing an additional 380,145 shares in the last quarter. Blue Trust Inc. raised its position in shares of Korea Electric Power by 270.3% in the 2nd quarter. Blue Trust Inc. now owns 16,862 shares of the utilities provider’s stock valued at $120,000 after buying an additional 12,309 shares in the last quarter. CWM LLC raised its position in shares of Korea Electric Power by 13.5% in the 2nd quarter. CWM LLC now owns 11,824 shares of the utilities provider’s stock valued at $84,000 after buying an additional 1,404 shares in the last quarter. Vanguard Personalized Indexing Management LLC raised its position in shares of Korea Electric Power by 24.7% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 71,471 shares of the utilities provider’s stock valued at $506,000 after buying an additional 14,136 shares in the last quarter. Finally, Sivia Capital Partners LLC raised its position in shares of Korea Electric Power by 9.3% in the 2nd quarter. Sivia Capital Partners LLC now owns 23,310 shares of the utilities provider’s stock valued at $165,000 after buying an additional 1,982 shares in the last quarter.

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.