Korea Electric Power (NYSE:KEP) Rating Lowered to Hold at StockNews.com

Korea Electric Power (NYSE:KEP) was downgraded by research analysts at StockNews.com from a “buy” rating to a “hold” rating in a research note issued on Wednesday.

Korea Electric Power Trading Down 0.3 %

Korea Electric Power stock opened at $7.62 on Wednesday. Korea Electric Power has a 12-month low of $6.68 and a 12-month high of $9.43. The company has a debt-to-equity ratio of 2.10, a current ratio of 0.43 and a quick ratio of 0.30. The stock has a market capitalization of $9.78 billion, a PE ratio of 3.53 and a beta of 0.99. The firm has a 50 day simple moving average of $7.46 and a 200-day simple moving average of $7.65.

Korea Electric Power (NYSE:KEP) last issued its quarterly earnings results on Tuesday, March 11th. The utilities provider reported $0.57 earnings per share (EPS) for the quarter, beating 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 company had revenue of $16.82 billion for the quarter, compared to analysts’ expectations of $17.04 billion.

Institutional Investors Weigh In On Korea Electric Power

A number of institutional investors and hedge funds have recently bought and sold shares of KEP. Wilmington Savings Fund Society FSB bought a new stake in shares of Korea Electric Power in the 3rd quarter worth approximately $35,000. Atlas Capital Advisors Inc. increased its holdings in shares of Korea Electric Power by 443.7% in the fourth quarter. Atlas Capital Advisors Inc. now owns 6,312 shares of the utilities provider’s stock valued at $43,000 after buying an additional 5,151 shares in the last quarter. Wealthstream Advisors Inc. bought a new stake in shares of Korea Electric Power during the 4th quarter worth $71,000. XTX Topco Ltd bought a new stake in shares of Korea Electric Power during the 4th quarter worth $78,000. Finally, Vise Technologies Inc. acquired a new position in shares of Korea Electric Power in the 4th quarter worth $89,000.

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.