Connor Clark & Lunn Investment Management Ltd. Boosts Position in Korea Electric Power Co. (NYSE:KEP)

Connor Clark & Lunn Investment Management Ltd. raised its position in shares of Korea Electric Power Co. (NYSE:KEP - Free Report) by 46.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,193,185 shares of the utilities provider's stock after acquiring an additional 380,145 shares during the quarter. Connor Clark & Lunn Investment Management Ltd.'s holdings in Korea Electric Power were worth $9,259,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Acadian Asset Management LLC acquired a new stake in Korea Electric Power during the first quarter worth approximately $38,000. EverSource Wealth Advisors LLC increased its stake in shares of Korea Electric Power by 91.4% in the 1st quarter. EverSource Wealth Advisors LLC now owns 6,063 shares of the utilities provider's stock valued at $46,000 after acquiring an additional 2,895 shares in the last quarter. GAMMA Investing LLC boosted its stake in Korea Electric Power by 114.7% during the third 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 in the last quarter. CWM LLC grew its holdings in Korea Electric Power by 13.5% in the second quarter. CWM LLC now owns 11,824 shares of the utilities provider's stock worth $84,000 after purchasing an additional 1,404 shares during the period. Finally, Atomi Financial Group Inc. increased 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 purchasing an additional 1,704 shares in the last quarter.

Korea Electric Power Stock Performance

Shares of NYSE:KEP traded down $0.07 during mid-day trading on Friday, reaching $8.51. The company had a trading volume of 70,541 shares, compared to its average volume of 105,451. The company's 50-day moving average price is $7.96 and its 200-day moving average price is $7.62. Korea Electric Power Co. has a one year low of $6.69 and a one year high of $9.55. The firm has a market cap of $10.93 billion, a price-to-earnings ratio of 5.46 and a beta of 1.00. 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 (NYSE:KEP - Get Free Report) last issued its quarterly earnings data 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 company had revenue of $14.93 billion during the quarter.

Analyst Ratings Changes

Separately, StockNews.com lowered Korea Electric Power from a "buy" rating to a "hold" rating in a report on Thursday, November 7th.

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.