Blue Trust Inc. Decreases Stock Holdings in Korea Electric Power Co. (NYSE:KEP)

Blue Trust Inc. decreased its holdings in shares of Korea Electric Power Co. (NYSE:KEP) by 47.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,142 shares of the utilities provider’s stock after selling 23,864 shares during the period. Blue Trust Inc.’s holdings in Korea Electric Power were worth $180,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB purchased a new position in Korea Electric Power in the 3rd quarter valued at $35,000. Stifel Financial Corp purchased a new position in shares of Korea Electric Power during the 3rd quarter worth $96,000. Private Advisor Group LLC purchased a new stake in shares of Korea Electric Power in the 3rd quarter valued at approximately $114,000. Jane Street Group LLC purchased a new stake in shares of Korea Electric Power in the 3rd quarter valued at approximately $140,000. Finally, Townsquare Capital LLC purchased a new stake in shares of Korea Electric Power in the 3rd quarter valued at approximately $142,000.

Korea Electric Power Price Performance

KEP stock opened at $7.69 on Friday. The company has a debt-to-equity ratio of 2.10, a current ratio of 0.43 and a quick ratio of 0.30. The firm has a market capitalization of $9.87 billion, a P/E ratio of 3.56 and a beta of 1.04. The business’s 50-day moving average is $7.16 and its two-hundred day moving average is $7.66. Korea Electric Power Co. has a 1 year low of $6.68 and a 1 year high of $9.55.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of Korea Electric Power from a “hold” rating to a “buy” rating in a research note on Saturday, February 1st.

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.