Blue Trust Inc. Has $484,000 Holdings in Korea Electric Power Corporation $KEP

Blue Trust Inc. lifted its position in shares of Korea Electric Power Corporation (NYSE:KEP) by 12.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 34,023 shares of the utilities provider’s stock after purchasing an additional 3,772 shares during the quarter. Blue Trust Inc.’s holdings in Korea Electric Power were worth $484,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of KEP. GAMMA Investing LLC grew its holdings in shares of Korea Electric Power by 439.4% during the 1st quarter. GAMMA Investing LLC now owns 42,170 shares of the utilities provider’s stock worth $312,000 after purchasing an additional 34,352 shares in the last quarter. Sequoia Financial Advisors LLC grew its holdings in shares of Korea Electric Power by 15.4% during the 1st quarter. Sequoia Financial Advisors LLC now owns 60,708 shares of the utilities provider’s stock worth $450,000 after purchasing an additional 8,118 shares in the last quarter. PDS Planning Inc grew its stake in shares of Korea Electric Power by 10.2% in the 1st quarter. PDS Planning Inc now owns 26,817 shares of the utilities provider’s stock valued at $199,000 after purchasing an additional 2,473 shares during the period. Cerity Partners LLC grew its stake in shares of Korea Electric Power by 105.9% in the 1st quarter. Cerity Partners LLC now owns 145,455 shares of the utilities provider’s stock valued at $1,078,000 after purchasing an additional 74,818 shares during the period. Finally, Cetera Investment Advisers lifted its position in shares of Korea Electric Power by 22.7% during the 1st quarter. Cetera Investment Advisers now owns 21,121 shares of the utilities provider’s stock worth $157,000 after buying an additional 3,910 shares during the period.

Analyst Upgrades and Downgrades

KEP has been the topic of a number of analyst reports. Weiss Ratings reiterated a “hold (c)” rating on shares of Korea Electric Power in a research report on Wednesday, October 8th. Wall Street Zen cut Korea Electric Power from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 16th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Korea Electric Power Trading Down 1.0%

KEP stock opened at $12.50 on Monday. The business has a fifty day moving average price of $13.46 and a 200 day moving average price of $11.72. Korea Electric Power Corporation has a fifty-two week low of $6.68 and a fifty-two week high of $15.19. The stock has a market capitalization of $16.05 billion, a price-to-earnings ratio of 3.56 and a beta of 0.95. The company has a debt-to-equity ratio of 2.05, a current ratio of 0.46 and a quick ratio of 0.31.

Korea Electric Power (NYSE:KEP) last released its quarterly earnings results on Monday, September 15th. The utilities provider reported $0.63 earnings per share for the quarter, beating analysts’ consensus estimates of $0.60 by $0.03. Korea Electric Power had a return on equity of 15.34% and a net margin of 6.58%.The firm had revenue of $15.70 billion during the quarter, compared to analysts’ expectations of $19.45 billion.

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.