Marshall Wace LLP raised its position in Korea Electric Power Co. (NYSE:KEP - Free Report) by 93.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 171,334 shares of the utilities provider's stock after buying an additional 82,902 shares during the quarter. Marshall Wace LLP's holdings in Korea Electric Power were worth $1,179,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently made changes to their positions in the company. Wilmington Savings Fund Society FSB purchased a new stake in shares of Korea Electric Power during the third quarter worth $35,000. Atlas Capital Advisors Inc. lifted its holdings in Korea Electric Power by 443.7% during the 4th quarter. Atlas Capital Advisors Inc. now owns 6,312 shares of the utilities provider's stock worth $43,000 after purchasing an additional 5,151 shares in the last quarter. Wealthstream Advisors Inc. bought a new position in Korea Electric Power in the 4th quarter worth about $71,000. XTX Topco Ltd purchased a new position in Korea Electric Power during the 4th quarter valued at about $78,000. Finally, Stifel Financial Corp bought a new stake in shares of Korea Electric Power during the third quarter valued at about $96,000.
Analyst Ratings Changes
Separately, StockNews.com upgraded shares of Korea Electric Power from a "hold" rating to a "buy" rating in a research report on Friday, April 11th.
Check Out Our Latest Stock Report on Korea Electric Power
Korea Electric Power Price Performance
NYSE KEP traded up $0.18 during trading on Monday, reaching $9.44. The company's stock had a trading volume of 20,179 shares, compared to its average volume of 152,544. The stock has a market capitalization of $12.11 billion, a PE ratio of 4.37 and a beta of 0.94. 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 firm has a fifty day moving average of $7.97 and a 200 day moving average of $7.74. Korea Electric Power Co. has a one year low of $6.68 and a one year high of $9.55.
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 the consensus estimate 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 company had revenue of $16.82 billion for the quarter, compared to analysts' expectations of $17.04 billion.
About Korea Electric Power
(
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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