Atlas Capital Advisors Inc. Has $43,000 Position in Korea Electric Power Co. (NYSE:KEP)

Atlas Capital Advisors Inc. increased its position in shares of Korea Electric Power Co. (NYSE:KEP) by 443.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,312 shares of the utilities provider’s stock after buying an additional 5,151 shares during the quarter. Atlas Capital Advisors Inc.’s holdings in Korea Electric Power were worth $43,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in KEP. Sanctuary Advisors LLC acquired a new stake in shares of Korea Electric Power during the 4th quarter worth approximately $525,000. Stifel Financial Corp acquired a new stake in Korea Electric Power during the third quarter worth $96,000. State Street Corp increased its holdings in Korea Electric Power by 0.9% in the 3rd quarter. State Street Corp now owns 746,847 shares of the utilities provider’s stock valued at $5,796,000 after buying an additional 6,975 shares during the period. Jane Street Group LLC acquired a new position in shares of Korea Electric Power in the 3rd quarter valued at $140,000. Finally, Public Employees Retirement System of Ohio bought a new position in shares of Korea Electric Power during the 3rd quarter worth about $855,000.

Wall Street Analyst Weigh In

Separately, StockNews.com cut shares of Korea Electric Power from a “buy” rating to a “hold” rating in a research note on Thursday.

Korea Electric Power Trading Down 1.7 %

Shares of KEP opened at $7.26 on Friday. The company has a current ratio of 0.43, a quick ratio of 0.30 and a debt-to-equity ratio of 2.10. The stock has a market cap of $9.31 billion, a PE ratio of 3.36 and a beta of 0.99. Korea Electric Power Co. has a 1 year low of $6.68 and a 1 year high of $9.43. The stock has a 50 day simple moving average of $7.48 and a 200-day simple moving average of $7.61.

Korea Electric Power (NYSE:KEP) last released its quarterly earnings data on Tuesday, March 11th. The utilities provider reported $0.57 earnings per share (EPS) for the quarter, topping 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 during the quarter, compared to analyst estimates of $17.04 billion.

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.