Morgan Stanley lowered shares of Korea Electric Power Corporation (NYSE:KEP) from an overweight rating to an equal weight rating in a research note issued to investors on Wednesday, Marketbeat reports.

KEP has been the topic of a number of other research reports. BidaskClub upgraded Korea Electric Power Corporation from a sell rating to a hold rating in a research report on Saturday, August 19th. Goldman Sachs Group, Inc. (The) downgraded Korea Electric Power Corporation from a neutral rating to a sell rating in a research report on Tuesday, September 26th. HSBC Holdings plc upgraded Korea Electric Power Corporation from a hold rating to a buy rating in a research report on Monday, July 31st. Instinet downgraded Korea Electric Power Corporation from a buy rating to a neutral rating in a research report on Monday, September 18th. Finally, Nomura reiterated a neutral rating on shares of Korea Electric Power Corporation in a research report on Monday, September 18th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the company. The company presently has an average rating of Hold.

Shares of Korea Electric Power Corporation (NYSE KEP) traded up $0.03 during mid-day trading on Wednesday, reaching $17.31. The company’s stock had a trading volume of 265,100 shares, compared to its average volume of 424,873. The stock has a market capitalization of $22,224.79, a P/E ratio of 4.43, a P/E/G ratio of 1.18 and a beta of 0.51. The company has a quick ratio of 0.53, a current ratio of 0.77 and a debt-to-equity ratio of 0.64. Korea Electric Power Corporation has a 52 week low of $16.51 and a 52 week high of $21.59.

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Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Oppenheimer Asset Management Inc. purchased a new position in shares of Korea Electric Power Corporation in the first quarter valued at approximately $120,000. Bessemer Group Inc. lifted its position in shares of Korea Electric Power Corporation by 140.4% in the second quarter. Bessemer Group Inc. now owns 7,991 shares of the utilities provider’s stock valued at $144,000 after acquiring an additional 4,667 shares in the last quarter. Citigroup Inc. lifted its position in shares of Korea Electric Power Corporation by 29.8% in the second quarter. Citigroup Inc. now owns 9,579 shares of the utilities provider’s stock valued at $172,000 after acquiring an additional 2,201 shares in the last quarter. Sciencast Management LP purchased a new position in shares of Korea Electric Power Corporation in the second quarter valued at approximately $181,000. Finally, PNC Financial Services Group Inc. lifted its position in shares of Korea Electric Power Corporation by 0.3% in the second quarter. PNC Financial Services Group Inc. now owns 10,351 shares of the utilities provider’s stock valued at $185,000 after acquiring an additional 29 shares in the last quarter. Institutional investors and hedge funds own 4.49% of the company’s stock.

Korea Electric Power Corporation Company Profile

Korea Electric Power Corporation (KEPCO) is an integrated electric utility company engaged in the transmission and distribution of electricity in the Republic of Korea. Its segments include transmission and distribution, nuclear power generation and thermal power generation and all others . The transmission and distribution segment, which is operated by KEPCO, comprise operations related to the transmission, distribution and sale to end-users of electricity.

Analyst Recommendations for Korea Electric Power Corporation (NYSE:KEP)

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