Korea Electric Power Co. (NYSE:KEP) Holdings Boosted by Northern Trust Corp

Northern Trust Corp boosted its position in shares of Korea Electric Power Co. (NYSE:KEP - Free Report) by 642.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 383,704 shares of the utilities provider's stock after purchasing an additional 332,009 shares during the period. Northern Trust Corp's holdings in Korea Electric Power were worth $2,640,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Blue Trust Inc. boosted its position in Korea Electric Power by 98.8% in the 4th quarter. Blue Trust Inc. now owns 99,399 shares of the utilities provider's stock valued at $684,000 after buying an additional 49,393 shares during the last quarter. Sanctuary Advisors LLC purchased a new position in Korea Electric Power in the fourth quarter valued at about $525,000. Wealthstream Advisors Inc. acquired a new stake in Korea Electric Power during the 4th quarter valued at approximately $71,000. Schechter Investment Advisors LLC increased its holdings in Korea Electric Power by 136.5% during the 4th quarter. Schechter Investment Advisors LLC now owns 25,568 shares of the utilities provider's stock worth $176,000 after purchasing an additional 14,758 shares during the last quarter. Finally, Raymond James Financial Inc. purchased a new stake in Korea Electric Power during the 4th quarter worth approximately $530,000.

Korea Electric Power Stock Down 0.4%

KEP traded down $0.04 during trading on Tuesday, hitting $11.38. The company had a trading volume of 435,137 shares, compared to its average volume of 174,095. Korea Electric Power Co. has a 1-year low of $6.68 and a 1-year high of $11.60. The company has a debt-to-equity ratio of 2.10, a current ratio of 0.43 and a quick ratio of 0.30. The company has a market cap of $14.61 billion, a PE ratio of 5.27 and a beta of 0.76. The business has a 50-day moving average of $8.75 and a 200-day moving average of $7.96.

Korea Electric Power (NYSE:KEP - Get Free Report) last issued its earnings results on Tuesday, March 11th. The utilities provider reported $0.57 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 for the quarter, compared to analyst estimates of $17.04 billion.

Analyst Upgrades and Downgrades

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

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.