D. E. Shaw & Co. Inc. Has $438,000 Position in Korea Electric Power Co. (NYSE:KEP)

D. E. Shaw & Co. Inc. lifted its stake in Korea Electric Power Co. (NYSE:KEP) by 45.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 63,594 shares of the utilities provider’s stock after purchasing an additional 19,848 shares during the period. D. E. Shaw & Co. Inc.’s holdings in Korea Electric Power were worth $438,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. 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 purchasing an additional 5,151 shares in the last quarter. Wealthstream Advisors Inc. bought a new stake in Korea Electric Power during the 4th quarter worth about $71,000. XTX Topco Ltd bought a new stake in Korea Electric Power during the 4th quarter worth about $78,000. Stifel Financial Corp lifted its position 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 period. Finally, EntryPoint Capital LLC acquired a new position in Korea Electric Power during the 4th quarter valued at about $126,000.

Korea Electric Power Stock Performance

Korea Electric Power stock opened at $11.42 on Tuesday. The company has a current ratio of 0.43, a quick ratio of 0.30 and a debt-to-equity ratio of 2.10. Korea Electric Power Co. has a 1 year low of $6.68 and a 1 year high of $11.43. The company has a market cap of $14.66 billion, a PE ratio of 5.28 and a beta of 0.76. The company’s 50-day moving average is $8.75 and its two-hundred day moving average is $7.96.

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

Analysts Set New Price Targets

Separately, Wall Street Zen upgraded shares of Korea Electric Power from a “buy” rating to a “strong-buy” rating in a research report on Monday, May 19th.

Korea Electric Power 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.