Cerity Partners LLC Grows Stock Holdings in Korea Electric Power Co. (NYSE:KEP)

Cerity Partners LLC raised its holdings in shares of Korea Electric Power Co. (NYSE:KEP) by 57.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 76,185 shares of the utilities provider’s stock after acquiring an additional 27,870 shares during the quarter. Cerity Partners LLC’s holdings in Korea Electric Power were worth $591,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the stock. Connor Clark & Lunn Investment Management Ltd. raised its stake in shares of Korea Electric Power by 46.8% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,193,185 shares of the utilities provider’s stock valued at $9,259,000 after purchasing an additional 380,145 shares during the period. American Century Companies Inc. increased its position in shares of Korea Electric Power by 11.8% during the second quarter. American Century Companies Inc. now owns 339,562 shares of the utilities provider’s stock valued at $2,407,000 after buying an additional 35,973 shares during the period. Vanguard Personalized Indexing Management LLC lifted its holdings 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 buying an additional 14,136 shares in the last quarter. Sei Investments Co. bought a new position in shares of Korea Electric Power in the second quarter valued at approximately $462,000. Finally, Blue Trust Inc. boosted its position in shares of Korea Electric Power by 196.6% in the third quarter. Blue Trust Inc. now owns 50,006 shares of the utilities provider’s stock valued at $355,000 after acquiring an additional 33,144 shares during the period.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded shares of Korea Electric Power from a “hold” rating to a “buy” rating in a research note on Thursday.

Korea Electric Power Price Performance

NYSE:KEP opened at $7.69 on Friday. Korea Electric Power Co. has a 52-week low of $6.69 and a 52-week high of $9.55. The stock has a fifty day moving average of $8.03 and a 200 day moving average of $7.68. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.24 and a current ratio of 0.37. The firm has a market capitalization of $9.87 billion, a price-to-earnings ratio of 4.90 and a beta of 1.00.

Korea Electric Power (NYSE:KEP) last issued its quarterly earnings results on Monday, September 9th. The utilities provider reported $0.04 earnings per share (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.

About Korea Electric Power

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.