Vanguard Personalized Indexing Management LLC Buys 63,934 Shares of Korea Electric Power Corporation $KEP

Key Points

• Vanguard Personalized Indexing Management LLC increased its stake in Korea Electric Power Corporation by 57.2% during Q2, acquiring 63,934 additional shares for a total of 175,690 shares worth approximately $2.5 million.
• Korea Electric Power reported $0.63 EPS for its latest quarter, surpassing analyst expectations, but revenue of $15.70 billion was below the consensus estimate of $19.45 billion.
• The stock has seen a 1-year price range with a low of $6.68 and a high of $15.19, and currently has a market capitalization of $18.03 billion.

Vanguard Personalized Indexing Management LLC lifted its holdings in Korea Electric Power Corporation (NYSE:KEP - Free Report) by 57.2% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 175,690 shares of the utilities provider's stock after acquiring an additional 63,934 shares during the period. Vanguard Personalized Indexing Management LLC's holdings in Korea Electric Power were worth $2,502,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Virtu Financial LLC purchased a new stake in Korea Electric Power during the 1st quarter valued at $83,000. Atlas Capital Advisors Inc. raised its position in shares of Korea Electric Power by 101.7% in the 1st quarter. Atlas Capital Advisors Inc. now owns 12,734 shares of the utilities provider's stock worth $94,000 after acquiring an additional 6,422 shares in the last quarter. Compound Planning Inc. lifted its holdings in shares of Korea Electric Power by 14.7% during the 1st quarter. Compound Planning Inc. now owns 16,105 shares of the utilities provider's stock valued at $119,000 after purchasing an additional 2,065 shares during the last quarter. Cetera Investment Advisers raised its holdings in shares of Korea Electric Power by 22.7% in the first quarter. Cetera Investment Advisers now owns 21,121 shares of the utilities provider's stock worth $157,000 after buying an additional 3,910 shares during the last quarter. Finally, PDS Planning Inc boosted its position in Korea Electric Power by 10.2% in the first quarter. PDS Planning Inc now owns 26,817 shares of the utilities provider's stock valued at $199,000 after buying an additional 2,473 shares during the last quarter.

Korea Electric Power Price Performance

KEP stock opened at $14.05 on Thursday. The stock's 50 day moving average price is $13.43 and its 200 day moving average price is $11.79. Korea Electric Power Corporation has a 1 year low of $6.68 and a 1 year high of $15.19. The firm has a market cap of $18.03 billion, a P/E ratio of 4.00 and a beta of 0.95. The company has a debt-to-equity ratio of 2.05, a quick ratio of 0.31 and a current ratio of 0.46.

Korea Electric Power (NYSE:KEP - Get Free Report) last issued its quarterly earnings results on Monday, September 15th. The utilities provider reported $0.63 EPS for the quarter, topping analysts' consensus estimates of $0.60 by $0.03. Korea Electric Power had a net margin of 6.58% and a return on equity of 15.34%. The business had revenue of $15.70 billion during the quarter, compared to the consensus estimate of $19.45 billion.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the stock. Weiss Ratings restated a "hold (c)" rating on shares of Korea Electric Power in a research report on Wednesday, October 8th. Wall Street Zen cut Korea Electric Power from a "strong-buy" rating to a "buy" rating in a research note on Saturday, August 16th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has an average rating of "Hold".

About Korea Electric Power

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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