Korea Electric Power (NYSE:KEP) Receives Hold (C) Rating from Weiss Ratings

Korea Electric Power (NYSE:KEP - Get Free Report)'s stock had its "hold (c)" rating reissued by investment analysts at Weiss Ratings in a research report issued on Wednesday,Weiss Ratings reports.

Separately, Wall Street Zen cut Korea Electric Power from a "strong-buy" rating to a "buy" rating in a report on Saturday, August 16th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock currently has an average rating of "Hold".

Korea Electric Power Stock Performance

Shares of KEP opened at $12.71 on Wednesday. The company has a quick ratio of 0.31, a current ratio of 0.46 and a debt-to-equity ratio of 2.05. The business has a 50-day simple moving average of $13.50 and a two-hundred day simple moving average of $11.60. The stock has a market cap of $16.32 billion, a price-to-earnings ratio of 3.62 and a beta of 0.95. Korea Electric Power has a 52 week low of $6.68 and a 52 week high of $15.19.

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. The business had revenue of $15.70 billion during the quarter, compared to analysts' expectations of $19.45 billion. Korea Electric Power had a return on equity of 15.34% and a net margin of 6.58%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Arrowstreet Capital Limited Partnership grew its position in shares of Korea Electric Power by 22.0% during the second quarter. Arrowstreet Capital Limited Partnership now owns 1,201,548 shares of the utilities provider's stock valued at $17,110,000 after purchasing an additional 216,828 shares in the last quarter. American Century Companies Inc. grew its position in Korea Electric Power by 19.8% in the second quarter. American Century Companies Inc. now owns 530,743 shares of the utilities provider's stock worth $7,558,000 after acquiring an additional 87,682 shares in the last quarter. Bank of America Corp DE grew its position in Korea Electric Power by 133.7% in the second quarter. Bank of America Corp DE now owns 371,494 shares of the utilities provider's stock worth $5,290,000 after acquiring an additional 212,515 shares in the last quarter. Ramirez Asset Management Inc. grew its position in Korea Electric Power by 4.2% in the first quarter. Ramirez Asset Management Inc. now owns 279,980 shares of the utilities provider's stock worth $2,075,000 after acquiring an additional 11,215 shares in the last quarter. Finally, Quantinno Capital Management LP grew its position in Korea Electric Power by 90.3% in the second quarter. Quantinno Capital Management LP now owns 259,649 shares of the utilities provider's stock worth $3,697,000 after acquiring an additional 123,220 shares in the last quarter.

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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