Korea Electric Power Co. (NYSE:KEP) Shares Sold by Marshall Wace LLP

Marshall Wace LLP trimmed its stake in shares of Korea Electric Power Co. (NYSE:KEP) by 14.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 59,204 shares of the utilities provider’s stock after selling 9,897 shares during the period. Marshall Wace LLP’s holdings in Korea Electric Power were worth $420,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Blue Trust Inc. raised its holdings in Korea Electric Power by 270.3% during the 2nd quarter. Blue Trust Inc. now owns 16,862 shares of the utilities provider’s stock worth $120,000 after buying an additional 12,309 shares during the period. Sequoia Financial Advisors LLC lifted its position in shares of 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 acquiring an additional 4,842 shares in the last quarter. PDS Planning Inc lifted its position in shares of Korea Electric Power by 11.5% in the 1st quarter. PDS Planning Inc now owns 23,462 shares of the utilities provider’s stock valued at $195,000 after acquiring an additional 2,425 shares in the last quarter. BNP Paribas Financial Markets boosted its stake in Korea Electric Power by 10.7% in the 1st quarter. BNP Paribas Financial Markets now owns 30,899 shares of the utilities provider’s stock worth $257,000 after purchasing an additional 2,992 shares during the period. Finally, EverSource Wealth Advisors LLC grew its position in Korea Electric Power by 91.4% during the 1st quarter. EverSource Wealth Advisors LLC now owns 6,063 shares of the utilities provider’s stock worth $46,000 after purchasing an additional 2,895 shares in the last quarter.

Korea Electric Power Trading Down 1.3 %

Shares of NYSE KEP opened at $7.32 on Friday. The company has a current ratio of 0.37, a quick ratio of 0.24 and a debt-to-equity ratio of 0.30. Korea Electric Power Co. has a one year low of $5.93 and a one year high of $9.55. The business has a 50-day moving average price of $7.77 and a two-hundred day moving average price of $7.58. The firm has a market capitalization of $9.40 billion, a PE ratio of 21.53 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 net margin of 2.95% and a return on equity of 6.93%. The business had revenue of $14.93 billion during the quarter.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded 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.