Eagle Asset Management Inc. Acquires 5,131 Shares of Korea Electric Power Co. (NYSE:KEP)

Eagle Asset Management Inc. raised its holdings in shares of Korea Electric Power Co. (NYSE:KEP) by 11.9% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 48,153 shares of the utilities provider’s stock after purchasing an additional 5,131 shares during the quarter. Eagle Asset Management Inc.’s holdings in Korea Electric Power were worth $381,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the stock. Connor Clark & Lunn Investment Management Ltd. grew its stake in shares of Korea Electric Power by 46.8% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,193,185 shares of the utilities provider’s stock worth $9,259,000 after purchasing an additional 380,145 shares during the period. Sei Investments Co. acquired a new position in shares of Korea Electric Power during the 2nd quarter worth about $462,000. American Century Companies Inc. increased its stake in shares of Korea Electric Power by 11.8% in the 2nd quarter. American Century Companies Inc. now owns 339,562 shares of the utilities provider’s stock valued at $2,407,000 after acquiring an additional 35,973 shares during the last quarter. Blue Trust Inc. boosted its stake in Korea Electric Power by 196.6% during the 3rd quarter. Blue Trust Inc. now owns 50,006 shares of the utilities provider’s stock worth $355,000 after acquiring an additional 33,144 shares during the last quarter. Finally, Private Advisor Group LLC acquired a new position in Korea Electric Power during the third quarter valued at approximately $114,000.

Korea Electric Power Stock Up 0.6 %

NYSE:KEP opened at $8.57 on Tuesday. Korea Electric Power Co. has a 1 year low of $6.69 and a 1 year high of $9.55. The stock has a 50-day moving average price of $7.96 and a two-hundred day moving average price of $7.62. The stock has a market cap of $11.00 billion, a price-to-earnings ratio of 5.46 and a beta of 1.00. The company has a current ratio of 0.37, a quick ratio of 0.24 and a debt-to-equity ratio of 0.30.

Korea Electric Power (NYSE:KEP) last released its quarterly earnings data on Monday, September 9th. The utilities provider reported $0.04 earnings per share for the quarter. Korea Electric Power had a return on equity of 6.93% and a net margin of 2.95%. The business had revenue of $14.93 billion for the quarter.

Analyst Ratings Changes

Separately, StockNews.com lowered shares of Korea Electric Power from a “buy” rating to a “hold” rating in a report on Thursday, November 7th.

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.