Cubist Systematic Strategies LLC Makes New $271,000 Investment in Korea Electric Power Co. (NYSE:KEP)

Cubist Systematic Strategies LLC acquired a new stake 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 SEC. The firm acquired 39,348 shares of the utilities provider's stock, valued at approximately $271,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Sanctuary Advisors LLC purchased a new stake in shares of Korea Electric Power during the 4th quarter valued at $525,000. Raymond James Financial Inc. purchased a new stake in shares of Korea Electric Power during the 4th quarter valued at $530,000. American Century Companies Inc. raised its position in shares of Korea Electric Power by 6.4% during the 4th quarter. American Century Companies Inc. now owns 416,155 shares of the utilities provider's stock valued at $2,863,000 after buying an additional 25,018 shares in the last quarter. Stifel Financial Corp raised its position 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 valued at $101,000 after buying an additional 2,350 shares in the last quarter. Finally, O Shaughnessy Asset Management LLC grew its holdings in shares of Korea Electric Power by 14.1% during the 4th 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 during the last quarter.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen raised shares of Korea Electric Power from a "buy" rating to a "strong-buy" rating in a report on Monday.

Korea Electric Power Trading Up 5.4%

Shares of KEP stock traded up $0.59 on Friday, hitting $11.42. 487,573 shares of the company's stock traded hands, compared to its average volume of 172,605. The company has a debt-to-equity ratio of 2.10, a quick ratio of 0.30 and a current ratio of 0.43. Korea Electric Power Co. has a one year low of $6.68 and a one year high of $11.43. The company's fifty day simple moving average is $8.67 and its 200 day simple moving average is $7.94. The stock has a market capitalization of $14.66 billion, a price-to-earnings ratio of 5.28 and a beta of 0.76.

Korea Electric Power (NYSE:KEP - Get Free Report) last released 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 net margin of 4.03% and a return on equity of 9.64%. The company had revenue of $16.82 billion for the quarter, compared to analyst estimates of $17.04 billion.

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.