Generali Investments CEE investicni spolecnost a.s. bought a new position in shares of Korea Electric Power Co. (NYSE:KEP – Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 48,200 shares of the utilities provider’s stock, valued at approximately $332,000.
Several other hedge funds have also made changes to their positions in the business. Raymond James Financial Inc. acquired a new stake in shares of Korea Electric Power during the fourth quarter worth about $530,000. Schechter Investment Advisors LLC lifted its position in shares of Korea Electric Power by 136.5% during the fourth quarter. Schechter Investment Advisors LLC now owns 25,568 shares of the utilities provider’s stock worth $176,000 after purchasing an additional 14,758 shares in the last quarter. Wealthstream Advisors Inc. acquired a new stake in shares of Korea Electric Power during the fourth quarter worth about $71,000. Sanctuary Advisors LLC acquired a new stake in shares of Korea Electric Power during the fourth quarter worth about $525,000. Finally, Blue Trust Inc. lifted its position in shares of Korea Electric Power by 98.8% during the fourth quarter. Blue Trust Inc. now owns 99,399 shares of the utilities provider’s stock worth $684,000 after purchasing an additional 49,393 shares in the last quarter.
Analyst Upgrades and Downgrades
Separately, StockNews.com raised shares of Korea Electric Power from a “hold” rating to a “buy” rating in a research report on Saturday, February 1st.
Korea Electric Power Stock Up 0.6 %
Shares of NYSE:KEP opened at $7.70 on Monday. The firm’s 50 day moving average price is $7.27 and its 200 day moving average price is $7.70. The stock has a market cap of $9.88 billion, a price-to-earnings ratio of 3.56 and a beta of 0.99. Korea Electric Power Co. has a fifty-two week low of $6.68 and a fifty-two week high of $9.55. The company has a quick ratio of 0.30, a current ratio of 0.43 and a debt-to-equity ratio of 2.10.
Korea Electric Power Company Profile
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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