GAMMA Investing LLC Buys 34,352 Shares of Korea Electric Power Corporation (NYSE:KEP)

GAMMA Investing LLC grew its holdings in Korea Electric Power Corporation (NYSE:KEP - Free Report) by 439.4% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 42,170 shares of the utilities provider's stock after buying an additional 34,352 shares during the period. GAMMA Investing LLC's holdings in Korea Electric Power were worth $312,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in KEP. Sanctuary Advisors LLC purchased a new stake in Korea Electric Power during the 4th quarter valued at $525,000. Raymond James Financial Inc. bought a new position in Korea Electric Power during the fourth quarter valued at $530,000. American Century Companies Inc. raised its stake in shares of Korea Electric Power by 6.4% in the fourth quarter. American Century Companies Inc. now owns 416,155 shares of the utilities provider's stock valued at $2,863,000 after acquiring an additional 25,018 shares during the period. Two Sigma Investments LP raised its stake in shares of Korea Electric Power by 84.4% in the fourth quarter. Two Sigma Investments LP now owns 30,809 shares of the utilities provider's stock valued at $212,000 after acquiring an additional 14,100 shares during the period. Finally, Stifel Financial Corp lifted its holdings in shares of Korea Electric Power by 19.0% in the 4th quarter. Stifel Financial Corp now owns 14,700 shares of the utilities provider's stock worth $101,000 after acquiring an additional 2,350 shares during the last quarter.

Analyst Upgrades and Downgrades

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.

Korea Electric Power Trading Up 21.4%

Shares of KEP stock traded up $2.23 on Tuesday, reaching $12.61. 1,378,349 shares of the company's stock were exchanged, compared to its average volume of 210,675. The company's fifty day simple moving average is $10.01 and its 200 day simple moving average is $8.30. Korea Electric Power Corporation has a 52 week low of $6.68 and a 52 week high of $12.71. The company has a current ratio of 0.47, a quick ratio of 0.32 and a debt-to-equity ratio of 2.09. The stock has a market capitalization of $16.18 billion, a PE ratio of 6.30 and a beta of 0.85.

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.