Korea Electric Power (NYSE:KEP) Upgraded at StockNews.com

StockNews.com upgraded shares of Korea Electric Power (NYSE:KEP) from a hold rating to a buy rating in a research report released on Saturday morning.

Korea Electric Power Price Performance

Shares of KEP stock opened at $7.16 on Friday. The company has a market capitalization of $9.20 billion, a PE ratio of 3.32 and a beta of 1.04. The firm has a fifty day simple moving average of $7.40 and a 200-day simple moving average of $7.66. The company has a current ratio of 0.43, a quick ratio of 0.30 and a debt-to-equity ratio of 2.10. Korea Electric Power has a twelve month low of $6.68 and a twelve month high of $9.55.

Hedge Funds Weigh In On Korea Electric Power

Several large investors have recently made changes to their positions in the business. Connor Clark & Lunn Investment Management Ltd. raised its position in Korea Electric Power by 46.8% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,193,185 shares of the utilities provider’s stock valued at $9,259,000 after acquiring an additional 380,145 shares in the last quarter. State Street Corp boosted its stake in Korea Electric Power by 0.9% during 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. Public Employees Retirement System of Ohio acquired a new stake in Korea Electric Power during the third quarter worth $855,000. Blue Trust Inc. boosted its stake in shares of 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 purchasing an additional 49,393 shares in the last quarter. Finally, Quantinno Capital Management LP boosted its stake in shares of Korea Electric Power by 35.2% in the 3rd quarter. Quantinno Capital Management LP now owns 98,580 shares of the utilities provider’s stock valued at $765,000 after purchasing an additional 25,641 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.