76,990 Shares in Korea Electric Power Co. (NYSE:KEP) Purchased by Raymond James Financial Inc.

Raymond James Financial Inc. bought a new position in Korea Electric Power Co. (NYSE:KEP - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 76,990 shares of the utilities provider's stock, valued at approximately $530,000.

Other hedge funds have also made changes to their positions in the company. Jane Street Group LLC bought a new stake in shares of Korea Electric Power during the third quarter worth $140,000. Wilmington Savings Fund Society FSB bought a new stake in Korea Electric Power during the 3rd quarter worth about $35,000. Blue Trust Inc. increased its position in Korea Electric Power by 98.8% in the 4th quarter. Blue Trust Inc. now owns 99,399 shares of the utilities provider's stock valued at $684,000 after acquiring an additional 49,393 shares in the last quarter. Sanctuary Advisors LLC bought a new position in shares of Korea Electric Power in the fourth quarter worth about $525,000. Finally, Wealthstream Advisors Inc. acquired a new position in shares of Korea Electric Power during the fourth quarter worth approximately $71,000.

Korea Electric Power Stock Up 1.4%

KEP stock traded up $0.13 during mid-day trading on Wednesday, hitting $9.29. 83,564 shares of the company were exchanged, compared to its average volume of 192,225. The firm has a market cap of $11.92 billion, a P/E ratio of 4.30 and a beta of 0.76. Korea Electric Power Co. has a 1-year low of $6.68 and a 1-year high of $9.67. The firm's 50 day simple moving average is $8.23 and its 200 day simple moving average is $7.82. The company has a debt-to-equity ratio of 2.10, a quick ratio of 0.30 and a current ratio of 0.43.

Korea Electric Power (NYSE:KEP - Get Free Report) last released its earnings results on Tuesday, March 11th. The utilities provider reported $0.57 EPS for the quarter, beating the consensus estimate of $0.55 by $0.02. Korea Electric Power had a return on equity of 9.64% and a net margin of 4.03%. The firm had revenue of $16.82 billion for the quarter, compared to analysts' expectations of $17.04 billion.

Analyst Upgrades and Downgrades

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.

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.