11,723 Shares in Korea Electric Power Co. (NYSE:KEP) Purchased by Drive Wealth Management LLC

Drive Wealth Management LLC acquired a new position in Korea Electric Power Co. (NYSE:KEPFree Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 11,723 shares of the utilities provider’s stock, valued at approximately $85,000.

Other institutional investors have also bought and sold shares of the company. PNC Financial Services Group Inc. lifted its holdings in Korea Electric Power by 4.4% in the third quarter. PNC Financial Services Group Inc. now owns 46,656 shares of the utilities provider’s stock worth $300,000 after purchasing an additional 1,957 shares during the period. Schechter Investment Advisors LLC bought a new stake in Korea Electric Power in the fourth quarter worth about $179,000. Rhumbline Advisers raised its position in Korea Electric Power by 9.5% in the third quarter. Rhumbline Advisers now owns 301,740 shares of the utilities provider’s stock worth $1,943,000 after acquiring an additional 26,195 shares in the last quarter. Vanguard Personalized Indexing Management LLC raised its position in Korea Electric Power by 117.7% in the third quarter. Vanguard Personalized Indexing Management LLC now owns 47,630 shares of the utilities provider’s stock worth $307,000 after acquiring an additional 25,753 shares in the last quarter. Finally, Campbell & CO Investment Adviser LLC bought a new stake in Korea Electric Power in the third quarter worth about $118,000.

Korea Electric Power Price Performance

Shares of Korea Electric Power stock opened at $8.10 on Wednesday. The company has a current ratio of 0.48, a quick ratio of 0.34 and a debt-to-equity ratio of 2.49. The company’s 50-day moving average price is $8.39 and its two-hundred day moving average price is $7.36. Korea Electric Power Co. has a 52 week low of $5.93 and a 52 week high of $9.55.

Korea Electric Power (NYSE:KEPGet Free Report) last posted its quarterly earnings data on Tuesday, March 12th. The utilities provider reported $0.73 earnings per share (EPS) for the quarter. The firm had revenue of $17.08 billion for the quarter. Korea Electric Power had a negative return on equity of 13.27% and a negative net margin of 5.65%.

Wall Street Analysts Forecast Growth

Separately, Citigroup upgraded shares of Korea Electric Power from a “sell” rating to a “buy” rating in a research report on Monday, February 26th.

View Our Latest Research Report on Korea Electric Power

Korea Electric Power Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Korea Electric Power (NYSE:KEP)

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