Blue Trust Inc. Grows Holdings in Korea Electric Power Co. (NYSE:KEP)

Blue Trust Inc. boosted its holdings in shares of Korea Electric Power Co. (NYSE:KEP) by 98.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 99,399 shares of the utilities provider’s stock after acquiring an additional 49,393 shares during the period. Blue Trust Inc.’s holdings in Korea Electric Power were worth $684,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the business. Stifel Financial Corp bought a new position in shares of Korea Electric Power during the third quarter valued at $96,000. State Street Corp increased its stake in Korea Electric Power by 0.9% during the 3rd quarter. State Street Corp now owns 746,847 shares of the utilities provider’s stock valued at $5,796,000 after purchasing an additional 6,975 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. raised its holdings in Korea Electric Power by 46.8% in 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 buying an additional 380,145 shares during the last quarter. Public Employees Retirement System of Ohio purchased a new position in Korea Electric Power in the third quarter worth about $855,000. Finally, Jane Street Group LLC bought a new position in shares of Korea Electric Power in the third quarter worth approximately $140,000.

Korea Electric Power Stock Up 1.2 %

Shares of NYSE:KEP opened at $7.36 on Friday. Korea Electric Power Co. has a 1 year low of $6.68 and a 1 year high of $9.55. The stock’s fifty day moving average price is $7.45 and its 200-day moving average price is $7.66. The company has a quick ratio of 0.30, a current ratio of 0.43 and a debt-to-equity ratio of 2.10.

Analyst Ratings Changes

Separately, StockNews.com lowered shares of Korea Electric Power from a “buy” rating to a “hold” rating in a report on Friday, January 24th.

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.