Korea Electric Power (NYSE:KEP - Get Free Report) was upgraded by equities research analysts at StockNews.com from a "hold" rating to a "buy" rating in a research note issued to investors on Friday.
Korea Electric Power Price Performance
Shares of Korea Electric Power stock traded up $0.07 on Friday, reaching $8.57. The company's stock had a trading volume of 3,686 shares, compared to its average volume of 179,229. The company has a quick ratio of 0.30, a current ratio of 0.43 and a debt-to-equity ratio of 2.10. The company has a market capitalization of $11.00 billion, a P/E ratio of 3.97 and a beta of 0.94. The stock has a 50-day moving average price of $7.59 and a 200-day moving average price of $7.61. Korea Electric Power has a 52-week low of $6.68 and a 52-week high of $9.43.
Korea Electric Power (NYSE:KEP - Get Free Report) last posted its quarterly earnings data 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 company had revenue of $16.82 billion during the quarter, compared to analysts' expectations of $17.04 billion. Korea Electric Power had a net margin of 4.03% and a return on equity of 9.64%.
Hedge Funds Weigh In On Korea Electric Power
Hedge funds and other institutional investors have recently made changes to their positions in the company. FMR LLC raised its stake in Korea Electric Power by 12.8% in the 3rd quarter. FMR LLC now owns 68,773 shares of the utilities provider's stock valued at $534,000 after purchasing an additional 7,787 shares during the last quarter. Quantinno Capital Management LP grew its holdings in shares of Korea Electric Power by 35.2% during the third quarter. Quantinno Capital Management LP now owns 98,580 shares of the utilities provider's stock worth $765,000 after buying an additional 25,641 shares in the last quarter. Stifel Financial Corp acquired a new stake in shares of Korea Electric Power in the third quarter valued at about $96,000. State Street Corp lifted its stake in shares of Korea Electric Power by 0.9% in the third quarter. State Street Corp now owns 746,847 shares of the utilities provider's stock worth $5,796,000 after buying an additional 6,975 shares in the last quarter. Finally, Jane Street Group LLC acquired a new position in Korea Electric Power during the third quarter worth about $140,000.
Korea Electric Power Company Profile
(
Get 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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