Millennium Management LLC raised its position in Korea Electric Power Co. (NYSE:KEP - Free Report) by 65.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 209,626 shares of the utilities provider's stock after acquiring an additional 82,775 shares during the period. Millennium Management LLC's holdings in Korea Electric Power were worth $1,442,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors also recently bought and sold shares of the company. Atlas Capital Advisors Inc. boosted its stake 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 in the last quarter. Wealthstream Advisors Inc. acquired a new stake in Korea Electric Power in the fourth quarter valued at approximately $71,000. XTX Topco Ltd acquired a new stake in Korea Electric Power in the fourth quarter valued at approximately $78,000. Stifel Financial Corp boosted its stake in Korea Electric Power by 19.0% in the fourth quarter. Stifel Financial Corp now owns 14,700 shares of the utilities provider's stock valued at $101,000 after acquiring an additional 2,350 shares in the last quarter. Finally, EntryPoint Capital LLC acquired a new stake in Korea Electric Power in the fourth quarter valued at approximately $126,000.
Korea Electric Power Stock Down 0.6%
KEP traded down $0.07 during trading on Friday, hitting $10.78. The stock had a trading volume of 162,191 shares, compared to its average volume of 179,414. Korea Electric Power Co. has a twelve month low of $6.68 and a twelve month high of $11.43. The stock has a 50 day simple moving average of $9.37 and a two-hundred day simple moving average of $8.14. The company has a debt-to-equity ratio of 2.10, a quick ratio of 0.30 and a current ratio of 0.43. The company has a market capitalization of $13.84 billion, a PE ratio of 4.99 and a beta of 0.85.
Korea Electric Power (NYSE:KEP - Get Free Report) last posted its quarterly earnings data on Tuesday, March 11th. The utilities provider reported $0.57 EPS for the quarter, topping 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 business had revenue of $16.82 billion during the quarter, compared to the consensus estimate of $17.04 billion.
Analyst Ratings Changes
Separately, Wall Street Zen upgraded shares of Korea Electric Power from a "buy" rating to a "strong-buy" rating in a research note on Monday, May 19th.
View Our Latest Stock Report on Korea Electric Power
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.
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