Korea Electric Power Co. (NYSE:KEP) has received a consensus rating of “Hold” from the six ratings firms that are currently covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a sell rating and four have assigned a hold rating to the company.
Separately, Zacks Investment Research upgraded Korea Electric Power from a “sell” rating to a “hold” rating in a report on Tuesday, October 16th.
Hedge funds have recently bought and sold shares of the business. Fox Run Management L.L.C. purchased a new position in shares of Korea Electric Power during the 3rd quarter worth approximately $142,000. Ladenburg Thalmann Financial Services Inc. grew its holdings in shares of Korea Electric Power by 194.6% during the 1st quarter. Ladenburg Thalmann Financial Services Inc. now owns 10,021 shares of the utilities provider’s stock worth $154,000 after acquiring an additional 6,620 shares during the period. Buckingham Asset Management LLC purchased a new position in shares of Korea Electric Power during the 3rd quarter worth approximately $162,000. Greenleaf Trust purchased a new position in shares of Korea Electric Power during the 3rd quarter worth approximately $182,000. Finally, Cubist Systematic Strategies LLC purchased a new position in shares of Korea Electric Power during the 2nd quarter worth approximately $205,000. Hedge funds and other institutional investors own 4.16% of the company’s stock.
KEP opened at $12.30 on Friday. The company has a market cap of $15.14 billion, a price-to-earnings ratio of 12.95 and a beta of 0.57. The company has a debt-to-equity ratio of 0.69, a current ratio of 0.78 and a quick ratio of 0.53. Korea Electric Power has a one year low of $10.52 and a one year high of $18.34.
Korea Electric Power (NYSE:KEP) last released its quarterly earnings results on Tuesday, September 11th. The utilities provider reported ($0.67) EPS for the quarter. The business had revenue of $12 billion for the quarter. Korea Electric Power had a net margin of 0.67% and a return on equity of 0.43%. Equities research analysts forecast that Korea Electric Power will post -0.68 EPS for the current fiscal year.
About Korea Electric Power
Korea Electric Power Corporation, an integrated electric utility company, generates, transmits, and distributes electricity in Korea and internationally. The company operates through Transmission and Distribution, Electric Power Generation (Nuclear), Electric Power Generation (Non-nuclear), Plant Maintenance & Engineering Service, and Others segments.
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