Cubist Systematic Strategies LLC Acquires Shares of 39,348 Korea Electric Power Co. (NYSE:KEP)

Cubist Systematic Strategies LLC purchased 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 filing with the Securities and Exchange Commission (SEC). The fund purchased 39,348 shares of the utilities provider's stock, valued at approximately $271,000.

Other institutional investors also recently modified their holdings of the company. Stifel Financial Corp lifted its holdings in 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 period. O Shaughnessy Asset Management LLC lifted its stake in shares of Korea Electric Power by 14.1% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 19,308 shares of the utilities provider's stock worth $133,000 after acquiring an additional 2,392 shares during the period. Orion Portfolio Solutions LLC boosted its holdings in Korea Electric Power by 26.0% in the fourth quarter. Orion Portfolio Solutions LLC now owns 21,895 shares of the utilities provider's stock valued at $151,000 after acquiring an additional 4,524 shares during the last quarter. Atlas Capital Advisors Inc. boosted its holdings in Korea Electric Power by 443.7% in the fourth quarter. Atlas Capital Advisors Inc. now owns 6,312 shares of the utilities provider's stock valued at $43,000 after acquiring an additional 5,151 shares during the last quarter. Finally, Wealthstream Advisors Inc. acquired a new stake in Korea Electric Power during the 4th quarter valued at approximately $71,000.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of Korea Electric Power from a "buy" rating to a "strong-buy" rating in a research note on Monday.

Korea Electric Power Trading Up 1.7%

KEP traded up $0.18 during trading on Wednesday, reaching $10.76. 373,578 shares of the stock traded hands, compared to its average volume of 170,645. The stock's 50-day moving average is $8.47 and its 200 day moving average is $7.88. Korea Electric Power Co. has a 12 month low of $6.68 and a 12 month high of $10.86. The company has a quick ratio of 0.30, a current ratio of 0.43 and a debt-to-equity ratio of 2.10. The stock has a market capitalization of $13.81 billion, a PE ratio of 4.98 and a beta of 0.76.

Korea Electric Power (NYSE:KEP - Get Free Report) last announced its earnings results on Tuesday, March 11th. The utilities provider reported $0.57 EPS for the quarter, beating the consensus estimate 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 company had revenue of $16.82 billion for the quarter, compared to analyst estimates of $17.04 billion.

Korea Electric Power Company 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.