Sanctuary Advisors LLC bought a new position in shares of Korea Electric Power Co. (NYSE:KEP – Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 71,386 shares of the utilities provider’s stock, valued at approximately $525,000.
Several other institutional investors have also recently made changes to their positions in the business. Blue Trust Inc. grew its stake in Korea Electric Power by 98.8% during the fourth quarter. Blue Trust Inc. now owns 99,399 shares of the utilities provider’s stock valued at $684,000 after acquiring an additional 49,393 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new position in Korea Electric Power during the third quarter valued at $35,000. Public Employees Retirement System of Ohio purchased a new position in Korea Electric Power during the third quarter valued at $855,000. Jane Street Group LLC purchased a new position in Korea Electric Power during the third quarter valued at $140,000. Finally, State Street Corp grew its holdings in Korea Electric Power by 0.9% during the 3rd quarter. State Street Corp now owns 746,847 shares of the utilities provider’s stock valued at $5,796,000 after buying an additional 6,975 shares in the last quarter.
Analyst Upgrades and Downgrades
Separately, StockNews.com upgraded Korea Electric Power from a “hold” rating to a “buy” rating in a report on Saturday, February 1st.
Korea Electric Power Stock Performance
Shares of NYSE:KEP opened at $7.30 on Friday. Korea Electric Power Co. has a 52 week low of $6.68 and a 52 week high of $9.55. The stock has a market capitalization of $9.37 billion, a P/E ratio of 3.38 and a beta of 1.04. The firm has a fifty day simple moving average of $7.22 and a two-hundred day simple moving average of $7.70. The company has a quick ratio of 0.30, a current ratio of 0.43 and a debt-to-equity ratio of 2.10.
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.
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