Cerity Partners LLC increased its stake in shares of Korea Electric Power Corporation (NYSE:KEP - Free Report) by 105.9% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 145,455 shares of the utilities provider's stock after purchasing an additional 74,818 shares during the period. Cerity Partners LLC's holdings in Korea Electric Power were worth $1,078,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds have also recently modified their holdings of the company. Atlas Capital Advisors Inc. increased its holdings in shares of Korea Electric Power by 443.7% during the 4th quarter. Atlas Capital Advisors Inc. now owns 6,312 shares of the utilities provider's stock worth $43,000 after buying an additional 5,151 shares during the last quarter. XTX Topco Ltd acquired a new stake in shares of Korea Electric Power during the 4th quarter worth approximately $78,000. Vise Technologies Inc. acquired a new stake in shares of Korea Electric Power during the 4th quarter worth approximately $89,000. Stifel Financial Corp increased its holdings in shares of Korea Electric Power by 19.0% during the 4th quarter. Stifel Financial Corp now owns 14,700 shares of the utilities provider's stock worth $101,000 after buying an additional 2,350 shares during the last quarter. Finally, EntryPoint Capital LLC acquired a new stake in shares of Korea Electric Power during the 4th quarter worth approximately $126,000.
Korea Electric Power Trading Up 0.3%
Shares of NYSE:KEP traded up $0.05 during mid-day trading on Friday, reaching $13.90. 206,471 shares of the company were exchanged, compared to its average volume of 614,308. The firm has a market cap of $17.84 billion, a price-to-earnings ratio of 4.76 and a beta of 0.93. The company has a debt-to-equity ratio of 2.09, a current ratio of 0.47 and a quick ratio of 0.32. Korea Electric Power Corporation has a 1 year low of $6.68 and a 1 year high of $14.79. The firm's 50-day simple moving average is $12.16 and its 200 day simple moving average is $9.37.
Korea Electric Power (NYSE:KEP - Get Free Report) last issued its quarterly earnings data on Tuesday, June 17th. The utilities provider reported $1.25 earnings per share for the quarter, beating analysts' consensus estimates of $0.90 by $0.35. Korea Electric Power had a return on equity of 13.16% and a net margin of 5.53%. The business had revenue of $16.67 billion during the quarter, compared to analysts' expectations of $17.04 billion.
Wall Street Analysts Forecast Growth
Separately, Wall Street Zen upgraded shares of Korea Electric Power from a "buy" rating to a "strong-buy" rating in a report on Monday, May 19th.
Check Out Our Latest Stock Analysis 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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