Free Trial

Rhumbline Advisers Reduces Position in Korea Electric Power Corporation (NYSE:KEP)

Korea Electric Power logo with Utilities background

Rhumbline Advisers decreased its stake in shares of Korea Electric Power Corporation (NYSE:KEP - Free Report) by 24.2% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 162,026 shares of the utilities provider's stock after selling 51,616 shares during the quarter. Rhumbline Advisers' holdings in Korea Electric Power were worth $1,201,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of KEP. Sanctuary Advisors LLC purchased a new position in shares of Korea Electric Power in the 4th quarter valued at about $525,000. Raymond James Financial Inc. purchased a new position in shares of Korea Electric Power in the 4th quarter valued at about $530,000. GAMMA Investing LLC increased its holdings in shares of Korea Electric Power by 439.4% in the 1st quarter. GAMMA Investing LLC now owns 42,170 shares of the utilities provider's stock valued at $312,000 after acquiring an additional 34,352 shares during the last quarter. American Century Companies Inc. increased its holdings in shares of Korea Electric Power by 6.4% in the 4th 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 last quarter. Finally, Two Sigma Investments LP increased its holdings in shares of Korea Electric Power by 84.4% in the 4th 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 last quarter.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen upgraded Korea Electric Power from a "buy" rating to a "strong-buy" rating in a report on Monday, May 19th.

Get Our Latest Stock Analysis on Korea Electric Power

Korea Electric Power Stock Performance

NYSE:KEP traded down $0.37 during mid-day trading on Monday, reaching $10.36. 931,193 shares of the stock were exchanged, compared to its average volume of 205,994. The company has a 50 day simple moving average of $9.97 and a 200-day simple moving average of $8.28. The stock has a market capitalization of $13.30 billion, a P/E ratio of 5.18 and a beta of 0.85. The company has a quick ratio of 0.32, a current ratio of 0.47 and a debt-to-equity ratio of 2.09. Korea Electric Power Corporation has a 1 year low of $6.68 and a 1 year high of $11.44.

Korea Electric Power 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.

Read More

Institutional Ownership by Quarter for Korea Electric Power (NYSE:KEP)

Should You Invest $1,000 in Korea Electric Power Right Now?

Before you consider Korea Electric Power, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Korea Electric Power wasn't on the list.

While Korea Electric Power currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

These 7 Stocks Will Be Magnificent in 2025 Cover

Discover the next wave of investment opportunities with our report, 7 Stocks That Will Be Magnificent in 2025. Explore companies poised to replicate the growth, innovation, and value creation of the tech giants dominating today's markets.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Don’t Miss These Top 3 Defense Stocks Set To Gain
Triple-Digit Gains: These 4 Nuclear Stocks Have Even More Upside Ahead
3 Made in America Stocks Under $20 You Need to See!

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines