Donald Smith & CO. Inc. Reduces Stake in Korea Electric Power Co. (NYSE:KEP)

Donald Smith & CO. Inc. lowered its stake in shares of Korea Electric Power Co. (NYSE:KEP - Free Report) by 19.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,199,927 shares of the utilities provider's stock after selling 284,826 shares during the period. Donald Smith & CO. Inc. owned 0.09% of Korea Electric Power worth $8,255,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. O Shaughnessy Asset Management LLC boosted its position in Korea Electric Power by 14.1% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 19,308 shares of the utilities provider's stock valued at $133,000 after purchasing an additional 2,392 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in shares of Korea Electric Power during the third quarter valued at about $35,000. Orion Portfolio Solutions LLC lifted its position in shares of Korea Electric Power by 26.0% during the fourth quarter. Orion Portfolio Solutions LLC now owns 21,895 shares of the utilities provider's stock valued at $151,000 after buying an additional 4,524 shares during the last quarter. State Street Corp boosted 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 buying an additional 6,975 shares in the last quarter. Finally, FMR LLC grew its position in shares of Korea Electric Power by 12.8% in the 3rd quarter. FMR LLC now owns 68,773 shares of the utilities provider's stock worth $534,000 after buying an additional 7,787 shares during the last quarter.

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Korea Electric Power Stock Down 0.5 %

Shares of KEP traded down $0.04 during midday trading on Tuesday, hitting $7.56. 85,625 shares of the company's stock traded hands, compared to its average volume of 174,075. The company has a current ratio of 0.43, a quick ratio of 0.30 and a debt-to-equity ratio of 2.10. The stock has a market capitalization of $9.70 billion, a price-to-earnings ratio of 3.50 and a beta of 0.94. Korea Electric Power Co. has a 1 year low of $6.68 and a 1 year high of $9.43. The firm's fifty day moving average is $7.48 and its 200-day moving average is $7.60.

Korea Electric Power (NYSE:KEP - Get Free Report) last announced its quarterly earnings data on Tuesday, March 11th. The utilities provider reported $0.57 EPS for the quarter, beating the consensus estimate of $0.55 by $0.02. The firm had revenue of $16.82 billion during the quarter, compared to analyst estimates of $17.04 billion. Korea Electric Power had a net margin of 4.03% and a return on equity of 9.64%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut shares of Korea Electric Power from a "buy" rating to a "hold" rating in a research report on Thursday, April 3rd.

Korea Electric Power 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.