Korea Electric Power (NYSE:KEP) Lifted to Hold at StockNews.com

StockNews.com upgraded shares of Korea Electric Power (NYSE:KEP – Get Rating) from a sell rating to a hold rating in a report published on Tuesday morning.

Korea Electric Power Stock Down 1.6 %

Korea Electric Power stock opened at $6.93 on Tuesday. The firm has a market capitalization of $8.90 billion, a PE ratio of -0.47 and a beta of 0.76. The company’s 50-day moving average is $7.05 and its 200-day moving average is $7.41. Korea Electric Power has a fifty-two week low of $5.76 and a fifty-two week high of $9.50. The company has a debt-to-equity ratio of 2.34, a current ratio of 0.67 and a quick ratio of 0.45.

Korea Electric Power (NYSE:KEP – Get Rating) last announced its earnings results on Monday, March 13th. The utilities provider reported ($4.46) EPS for the quarter. The company had revenue of $14.37 billion for the quarter. Korea Electric Power had a negative return on equity of 48.33% and a negative net margin of 34.31%.

Institutional Trading of Korea Electric Power

Institutional investors have recently bought and sold shares of the business. PNC Financial Services Group Inc. lifted its holdings in shares of Korea Electric Power by 5.3% during the 1st quarter. PNC Financial Services Group Inc. now owns 24,702 shares of the utilities provider’s stock worth $230,000 after acquiring an additional 1,246 shares during the period. CWM LLC increased its position in Korea Electric Power by 35.1% during the 4th quarter. CWM LLC now owns 4,908 shares of the utilities provider’s stock worth $42,000 after purchasing an additional 1,274 shares in the last quarter. Bank of America Corp DE increased its position in Korea Electric Power by 1.3% in the 1st quarter. Bank of America Corp DE now owns 107,406 shares of the utilities provider’s stock valued at $745,000 after acquiring an additional 1,399 shares during the period. Advisor Partners II LLC increased its position in Korea Electric Power by 9.5% in the 1st quarter. Advisor Partners II LLC now owns 17,213 shares of the utilities provider’s stock valued at $119,000 after acquiring an additional 1,490 shares during the period. Finally, UBS Group AG increased its position in Korea Electric Power by 22.8% in the 4th quarter. UBS Group AG now owns 10,074 shares of the utilities provider’s stock valued at $87,000 after acquiring an additional 1,872 shares during the period. Institutional investors own 1.45% of the company’s stock.

Korea Electric Power Company Profile

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Korea Electric Power Corp. engages in the generation, transmission and distribution of electricity. It operates through the following Businesses: Sale of Electric Power, Development of Electric Power Resources, Investment, and Real Estate. The company was founded on July 1, 1961 and is headquartered in Naju, South Korea.