Korea Electric Power (NYSE:KEP) Rating Increased to Buy at StockNews.com

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

Korea Electric Power Trading Down 1.2 %

NYSE KEP opened at $7.16 on Friday. The company has a market cap of $9.20 billion, a PE ratio of 3.32 and a beta of 1.04. 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 12 month low of $6.68 and a 12 month high of $9.55. The stock has a 50 day moving average of $7.40 and a 200-day moving average of $7.66.

Institutional Trading of Korea Electric Power

Large investors have recently modified their holdings of the stock. Connor Clark & Lunn Investment Management Ltd. boosted its stake in Korea Electric Power by 46.8% in 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 buying an additional 380,145 shares in the last quarter. State Street Corp boosted its stake in shares of Korea Electric Power by 0.9% during the third quarter. State Street Corp now owns 746,847 shares of the utilities provider’s stock valued at $5,796,000 after purchasing an additional 6,975 shares in the last quarter. Public Employees Retirement System of Ohio acquired a new stake in shares of Korea Electric Power during the third quarter valued at about $855,000. Blue Trust Inc. boosted its stake 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 valued at $684,000 after purchasing an additional 49,393 shares in the last quarter. Finally, Quantinno Capital Management LP boosted its holdings in Korea Electric Power by 35.2% in the third quarter. Quantinno Capital Management LP now owns 98,580 shares of the utilities provider’s stock valued at $765,000 after acquiring an additional 25,641 shares during 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.