First Trust Advisors LP acquired a new position in Korea Electric Power Co. (NYSE:KEP - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 51,071 shares of the utilities provider's stock, valued at approximately $351,000.
A number of other institutional investors have also recently bought and sold shares of KEP. Wilmington Savings Fund Society FSB acquired a new stake in shares of Korea Electric Power in the third quarter valued at approximately $35,000. Atlas Capital Advisors Inc. raised its holdings in Korea Electric Power by 443.7% in the 4th 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. bought a new stake in shares of Korea Electric Power during the 4th quarter valued at $71,000. XTX Topco Ltd bought a new stake in shares of Korea Electric Power during the 4th quarter valued at $78,000. Finally, EntryPoint Capital LLC acquired a new stake in shares of Korea Electric Power during the 4th quarter worth $126,000.
Korea Electric Power Stock Performance
Shares of KEP stock opened at $9.64 on Friday. The firm has a market capitalization of $12.38 billion, a price-to-earnings ratio of 4.46 and a beta of 0.76. The business's 50-day moving average price is $8.16 and its 200-day moving average price is $7.80. The company has a current ratio of 0.43, a quick ratio of 0.30 and a debt-to-equity ratio of 2.10. Korea Electric Power Co. has a 12 month low of $6.68 and a 12 month high of $9.65.
Korea Electric Power (NYSE:KEP - Get Free Report) last announced its earnings results on Tuesday, March 11th. The utilities provider reported $0.57 earnings per share for the quarter, topping analysts' consensus estimates of $0.55 by $0.02. The business had revenue of $16.82 billion during the quarter, compared to the consensus estimate of $17.04 billion. Korea Electric Power had a net margin of 4.03% and a return on equity of 9.64%.
Wall Street Analyst Weigh In
Separately, StockNews.com raised shares of Korea Electric Power from a "hold" rating to a "buy" rating in a research report on Friday, April 11th.
Read Our Latest Stock Analysis on KEP
Korea Electric Power Company 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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