Stifel Financial Corp Takes $96,000 Position in Korea Electric Power Co. (NYSE:KEP)

Stifel Financial Corp bought a new stake in Korea Electric Power Co. (NYSE:KEP) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor bought 12,350 shares of the utilities provider’s stock, valued at approximately $96,000.

Several other hedge funds have also bought and sold shares of KEP. Atomi Financial Group Inc. raised its stake in Korea Electric Power by 14.3% in the third quarter. Atomi Financial Group Inc. now owns 13,632 shares of the utilities provider’s stock valued at $106,000 after buying an additional 1,704 shares during the period. Sivia Capital Partners LLC increased its holdings in shares of Korea Electric Power by 9.3% during the 2nd quarter. Sivia Capital Partners LLC now owns 23,310 shares of the utilities provider’s stock worth $165,000 after acquiring an additional 1,982 shares during the last quarter. GAMMA Investing LLC increased its holdings in shares of Korea Electric Power by 114.7% during the 3rd quarter. GAMMA Investing LLC now owns 6,339 shares of the utilities provider’s stock worth $49,000 after acquiring an additional 3,386 shares during the last quarter. Eagle Asset Management Inc. raised its stake in Korea Electric Power by 11.9% in the 3rd quarter. Eagle Asset Management Inc. now owns 48,153 shares of the utilities provider’s stock valued at $381,000 after acquiring an additional 5,131 shares during the period. Finally, FMR LLC lifted its holdings in Korea Electric Power by 12.8% during the 3rd quarter. FMR LLC now owns 68,773 shares of the utilities provider’s stock valued at $534,000 after purchasing an additional 7,787 shares during the last quarter.

Wall Street Analyst Weigh In

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

Korea Electric Power Trading Down 1.9 %

Shares of KEP stock opened at $6.81 on Tuesday. Korea Electric Power Co. has a 12-month low of $6.69 and a 12-month high of $9.55. The company has a market capitalization of $8.74 billion, a PE ratio of 3.15 and a beta of 1.00. The firm has a 50 day moving average price of $7.95 and a two-hundred day moving average price of $7.67. The company has a quick ratio of 0.24, a current ratio of 0.43 and a debt-to-equity ratio of 2.10.

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.