Generali Investments CEE investicni spolecnost a.s. bought a new position in shares of Korea Electric Power Co. (NYSE:KEP - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 48,200 shares of the utilities provider's stock, valued at approximately $332,000.
Several other institutional investors also recently modified their holdings of the stock. Connor Clark & Lunn Investment Management Ltd. grew its holdings in shares of Korea Electric Power by 46.8% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,193,185 shares of the utilities provider's stock worth $9,259,000 after purchasing an additional 380,145 shares during the last quarter. Eagle Asset Management Inc. boosted its position in Korea Electric Power by 11.9% during the 3rd quarter. Eagle Asset Management Inc. now owns 48,153 shares of the utilities provider's stock worth $381,000 after buying an additional 5,131 shares during the period. Cerity Partners LLC grew its holdings in Korea Electric Power by 57.7% during the 3rd quarter. Cerity Partners LLC now owns 76,185 shares of the utilities provider's stock worth $591,000 after acquiring an additional 27,870 shares during the last quarter. FMR LLC increased its position in Korea Electric Power by 12.8% in the 3rd quarter. FMR LLC now owns 68,773 shares of the utilities provider's stock valued at $534,000 after acquiring an additional 7,787 shares during the period. Finally, Townsquare Capital LLC bought a new position in shares of Korea Electric Power during the third quarter valued at $142,000.
Korea Electric Power Trading Down 0.1 %
Shares of NYSE:KEP traded down $0.01 during midday trading on Thursday, reaching $7.66. The company's stock had a trading volume of 113,217 shares, compared to its average volume of 180,088. The firm has a 50 day moving average price of $7.32 and a two-hundred day moving average price of $7.70. Korea Electric Power Co. has a fifty-two week low of $6.68 and a fifty-two week high of $9.55. The firm has a market capitalization of $9.83 billion, a price-to-earnings ratio of 3.54 and a beta of 0.99. The company has a debt-to-equity ratio of 2.10, a quick ratio of 0.30 and a current ratio of 0.43.
Korea Electric Power (NYSE:KEP - Get Free Report) last posted its quarterly earnings results on Tuesday, March 11th. The utilities provider reported $0.57 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.55 by $0.02. The firm had revenue of $16.82 billion for the quarter, compared to analysts' expectations of $17.04 billion. Korea Electric Power had a return on equity of 9.64% and a net margin of 4.03%.
Wall Street Analyst Weigh In
Separately, StockNews.com raised Korea Electric Power from a "hold" rating to a "buy" rating in a research note on Saturday, February 1st.
Get Our Latest Research Report on KEP
Korea Electric Power Company Profile
(
Free Report)
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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