Korea Electric Power Co. (NYSE:KEP - Get Free Report) saw a significant decrease in short interest in the month of February. As of February 28th, there was short interest totalling 466,300 shares, a decrease of 32.9% from the February 13th total of 694,900 shares. Based on an average daily volume of 221,400 shares, the short-interest ratio is presently 2.1 days. Approximately 0.0% of the company's shares are short sold.
Institutional Inflows and Outflows
Institutional investors have recently added to or reduced their stakes in the company. Connor Clark & Lunn Investment Management Ltd. increased its holdings in Korea Electric Power by 46.8% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,193,185 shares of the utilities provider's stock valued at $9,259,000 after buying an additional 380,145 shares during the last quarter. State Street Corp increased its holdings in shares of Korea Electric Power by 0.9% in the 3rd quarter. State Street Corp now owns 746,847 shares of the utilities provider's stock valued at $5,796,000 after acquiring an additional 6,975 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its position in shares of Korea Electric Power by 90.6% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 723,844 shares of the utilities provider's stock worth $4,980,000 after acquiring an additional 344,126 shares in the last quarter. American Century Companies Inc. lifted its stake in Korea Electric Power by 6.4% during the fourth quarter. American Century Companies Inc. now owns 416,155 shares of the utilities provider's stock worth $2,863,000 after purchasing an additional 25,018 shares during the last quarter. Finally, Northern Trust Corp boosted its holdings in Korea Electric Power by 642.2% in the fourth quarter. Northern Trust Corp now owns 383,704 shares of the utilities provider's stock valued at $2,640,000 after purchasing an additional 332,009 shares in the last quarter.
Wall Street Analysts Forecast Growth
Separately, StockNews.com lowered shares of Korea Electric Power from a "buy" rating to a "hold" rating in a research note on Monday.
Check Out Our Latest Research Report on Korea Electric Power
Korea Electric Power Stock Up 0.7 %
KEP stock traded up $0.06 during midday trading on Wednesday, hitting $7.54. The company's stock had a trading volume of 93,123 shares, compared to its average volume of 141,090. The firm has a 50-day simple moving average of $7.38 and a 200-day simple moving average of $7.67. The firm has a market capitalization of $9.67 billion, a P/E ratio of 3.49 and a beta of 0.99. The company has a quick ratio of 0.30, a current ratio of 0.43 and a debt-to-equity ratio of 2.10. Korea Electric Power has a 52-week low of $6.68 and a 52-week high of $9.43.
Korea Electric Power (NYSE:KEP - Get Free Report) last released its earnings results on Tuesday, March 11th. The utilities provider reported $0.57 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.55 by $0.02. Korea Electric Power had a return on equity of 9.64% and a net margin of 4.03%. The firm had revenue of $16.82 billion during the quarter, compared to analyst estimates of $17.04 billion.
About Korea Electric Power
(
Get 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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