Korea Electric Power Co. (NYSE:KEP) Shares Acquired by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC increased its position in Korea Electric Power Co. (NYSE:KEP) by 15.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 46,728 shares of the utilities provider’s stock after acquiring an additional 6,189 shares during the period. Sequoia Financial Advisors LLC’s holdings in Korea Electric Power were worth $339,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Tower Research Capital LLC TRC acquired a new stake in Korea Electric Power during the 3rd quarter valued at $29,000. Qube Research & Technologies Ltd acquired a new stake in Korea Electric Power during the 3rd quarter valued at $73,000. Orion Portfolio Solutions LLC acquired a new stake in Korea Electric Power during the 2nd quarter valued at $82,000. Drive Wealth Management LLC acquired a new stake in Korea Electric Power during the 4th quarter valued at $85,000. Finally, UBS Group AG grew its holdings in Korea Electric Power by 22.8% during the 4th quarter. UBS Group AG now owns 10,074 shares of the utilities provider’s stock valued at $87,000 after buying an additional 1,872 shares during the last quarter.

Wall Street Analyst Weigh In

Separately, Citigroup upgraded Korea Electric Power from a “sell” rating to a “buy” rating in a report on Monday, February 26th.

Korea Electric Power Trading Up 3.0 %

Shares of Korea Electric Power stock opened at $7.40 on Friday. Korea Electric Power Co. has a fifty-two week low of $5.93 and a fifty-two week high of $9.55. The business’s fifty day moving average is $8.47 and its two-hundred day moving average is $7.45. The company has a debt-to-equity ratio of 2.49, a current ratio of 0.48 and a quick ratio of 0.34.

Korea Electric Power (NYSE:KEP) last issued its quarterly earnings results on Tuesday, March 12th. The utilities provider reported $0.73 earnings per share for the quarter. Korea Electric Power had a negative return on equity of 13.27% and a negative net margin of 5.65%. The company had revenue of $17.08 billion for the quarter.

Korea Electric Power Company 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.