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

Atlas Capital Advisors Inc. grew its holdings in Korea Electric Power Co. (NYSE:KEP) by 443.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 6,312 shares of the utilities provider’s stock after purchasing an additional 5,151 shares during the quarter. Atlas Capital Advisors Inc.’s holdings in Korea Electric Power were worth $43,000 as of its most recent filing with the SEC.

Other large investors also recently made changes to their positions in the company. Arrowstreet Capital Limited Partnership lifted its position in Korea Electric Power by 90.6% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 723,844 shares of the utilities provider’s stock worth $4,980,000 after buying an additional 344,126 shares in the last quarter. Public Employees Retirement System of Ohio acquired a new position in shares of Korea Electric Power during the third quarter worth approximately $855,000. Raymond James Financial Inc. bought a new stake in shares of Korea Electric Power during the fourth quarter valued at approximately $530,000. Sanctuary Advisors LLC acquired a new stake in shares of Korea Electric Power in the fourth quarter valued at approximately $525,000. Finally, Blue Trust Inc. raised its position in Korea Electric Power by 98.8% in the 4th quarter. Blue Trust Inc. now owns 99,399 shares of the utilities provider’s stock worth $684,000 after purchasing an additional 49,393 shares during the last quarter.

Korea Electric Power Price Performance

Shares of KEP stock opened at $7.26 on Friday. The firm has a market cap of $9.31 billion, a price-to-earnings ratio of 3.36 and a beta of 0.99. The company has a quick ratio of 0.30, a current ratio of 0.43 and a debt-to-equity ratio of 2.10. Korea Electric Power Co. has a 12 month low of $6.68 and a 12 month high of $9.43. The stock has a 50-day moving average price of $7.48 and a 200 day moving average price of $7.61.

Korea Electric Power (NYSE:KEP) last announced its quarterly earnings data on Tuesday, March 11th. The utilities provider reported $0.57 EPS for the quarter, topping analysts’ consensus estimates of $0.55 by $0.02. The business had revenue of $16.82 billion during the quarter, compared to analysts’ expectations of $17.04 billion. Korea Electric Power had a return on equity of 9.64% and a net margin of 4.03%.

Analyst Ratings Changes

Separately, StockNews.com lowered Korea Electric Power from a “buy” rating to a “hold” rating in a research report on Thursday.

Korea Electric Power Profile

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.