Raymond James Financial Inc. acquired a new position in shares of Korea Electric Power Co. (NYSE:KEP - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 76,990 shares of the utilities provider's stock, valued at approximately $530,000.
Several other institutional investors have also recently added to or reduced their stakes in KEP. Wilmington Savings Fund Society FSB acquired a new position in Korea Electric Power in the third quarter valued at $35,000. Wealthstream Advisors Inc. purchased a new position in shares of Korea Electric Power in the 4th quarter valued at $71,000. Stifel Financial Corp acquired a new position in shares of Korea Electric Power during the third quarter worth about $96,000. Jane Street Group LLC acquired a new position in Korea Electric Power during the 3rd quarter worth approximately $140,000. Finally, Schechter Investment Advisors LLC raised its stake in shares of Korea Electric Power by 136.5% during the fourth quarter. Schechter Investment Advisors LLC now owns 25,568 shares of the utilities provider's stock valued at $176,000 after purchasing an additional 14,758 shares during the period.
Korea Electric Power Stock Performance
Shares of NYSE KEP traded up $0.36 during mid-day trading on Friday, hitting $8.16. The company had a trading volume of 172,355 shares, compared to its average volume of 144,180. Korea Electric Power Co. has a 12 month low of $6.68 and a 12 month high of $9.43. The stock has a market cap of $10.47 billion, a price-to-earnings ratio of 3.78 and a beta of 0.94. 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's 50 day simple moving average is $7.55 and its two-hundred day simple moving average is $7.60.
Korea Electric Power (NYSE:KEP - Get Free Report) last posted its quarterly earnings data on Tuesday, March 11th. The utilities provider reported $0.57 EPS for the quarter, beating analysts' consensus estimates of $0.55 by $0.02. The business had revenue of $16.82 billion for 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%.
Analysts Set New Price Targets
Separately, StockNews.com upgraded Korea Electric Power from a "hold" rating to a "buy" rating in a report on Friday.
Read Our Latest Stock Analysis on KEP
About Korea Electric Power
(
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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