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 Thursday.

Korea Electric Power Stock Performance

Shares of NYSE:KEP opened at $8.09 on Thursday. The company has a market capitalization of $10.39 billion, a price-to-earnings ratio of 23.79 and a beta of 1.01. Korea Electric Power has a 52 week low of $5.93 and a 52 week high of $9.55. The company has a quick ratio of 0.28, a current ratio of 0.42 and a debt-to-equity ratio of 2.32. The firm has a 50 day moving average of $7.45 and a 200 day moving average of $7.77.

Korea Electric Power (NYSE:KEP) last issued its quarterly earnings data on Thursday, June 13th. The utilities provider reported $0.33 EPS for the quarter. The company had revenue of $17.52 billion during the quarter. Korea Electric Power had a net margin of 0.64% and a return on equity of 1.50%.

Hedge Funds Weigh In On Korea Electric Power

Several hedge funds have recently made changes to their positions in the company. American Century Companies Inc. increased its position in shares of Korea Electric Power by 11.8% in the 2nd quarter. American Century Companies Inc. now owns 339,562 shares of the utilities provider’s stock valued at $2,407,000 after acquiring an additional 35,973 shares during the period. Russell Investments Group Ltd. increased its position in shares of Korea Electric Power by 2.7% in the 1st quarter. Russell Investments Group Ltd. now owns 329,161 shares of the utilities provider’s stock valued at $2,742,000 after acquiring an additional 8,630 shares during the period. Corient Private Wealth LLC increased its position in shares of Korea Electric Power by 1.8% in the 4th quarter. Corient Private Wealth LLC now owns 111,679 shares of the utilities provider’s stock valued at $810,000 after acquiring an additional 1,954 shares during the period. Vanguard Personalized Indexing Management LLC increased its position in shares of Korea Electric Power by 24.7% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 71,471 shares of the utilities provider’s stock valued at $506,000 after acquiring an additional 14,136 shares during the period. Finally, Sei Investments Co. acquired a new position in shares of Korea Electric Power in the 2nd quarter valued at $462,000.

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.