Korea Electric Power (NYSE:KEP) Raised to “Strong-Buy” at StockNews.com

Korea Electric Power (NYSE:KEP) was upgraded by investment analysts at StockNews.com from a “buy” rating to a “strong-buy” rating in a research note issued to investors on Monday.

Korea Electric Power Stock Up 4.5%

Shares of KEP traded up $0.45 during trading hours on Monday, hitting $10.42. The company had a trading volume of 687,642 shares, compared to its average volume of 169,345. Korea Electric Power has a one year low of $6.68 and a one year high of $10.48. The company’s fifty day moving average price is $8.36 and its two-hundred day moving average price is $7.84. The company has a current ratio of 0.43, a quick ratio of 0.30 and a debt-to-equity ratio of 2.10. The company has a market capitalization of $13.38 billion, a PE ratio of 4.82 and a beta of 0.76.

Korea Electric Power (NYSE:KEP) last announced its earnings results on Tuesday, March 11th. The utilities provider reported $0.57 earnings per share for the quarter, topping the consensus estimate of $0.55 by $0.02. Korea Electric Power had a return on equity of 9.64% and a net margin of 4.03%. The firm had revenue of $16.82 billion for the quarter, compared to the consensus estimate of $17.04 billion.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in KEP. PNC Financial Services Group Inc. grew its stake in Korea Electric Power by 4.3% during the 1st quarter. PNC Financial Services Group Inc. now owns 49,141 shares of the utilities provider’s stock valued at $364,000 after purchasing an additional 2,029 shares during the last quarter. Compound Planning Inc. grew its stake in Korea Electric Power by 14.7% during the 1st quarter. Compound Planning Inc. now owns 16,105 shares of the utilities provider’s stock valued at $119,000 after purchasing an additional 2,065 shares during the last quarter. Stifel Financial Corp grew its stake in Korea Electric Power by 19.0% during the 4th quarter. Stifel Financial Corp now owns 14,700 shares of the utilities provider’s stock valued at $101,000 after purchasing an additional 2,350 shares during the last quarter. O Shaughnessy Asset Management LLC grew its stake in Korea Electric Power by 14.1% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 19,308 shares of the utilities provider’s stock valued at $133,000 after purchasing an additional 2,392 shares during the last quarter. Finally, PDS Planning Inc grew its stake in Korea Electric Power by 10.2% during 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 last 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.