Korea Electric Power (NYSE:KEP) was downgraded by stock analysts at Daiwa Capital Markets from an “outperform” rating to a “hold” rating in a research report issued on Wednesday.
A number of other equities analysts also recently commented on KEP. Goldman Sachs upgraded shares of Korea Electric Power from a “sell” rating to a “neutral” rating in a research report on Friday, February 23rd. Macquarie downgraded shares of Korea Electric Power from an “outperform” rating to a “neutral” rating in a research report on Friday, February 2nd. Finally, HSBC downgraded shares of Korea Electric Power from a “buy” rating to a “hold” rating in a research report on Tuesday, February 13th. Nine equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The stock has a consensus rating of “Hold”.
KEP stock opened at $14.61 on Wednesday. The company has a market cap of $18,693.99, a price-to-earnings ratio of 7.06, a price-to-earnings-growth ratio of 0.95 and a beta of 0.46. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.56 and a current ratio of 0.82. Korea Electric Power has a 12-month low of $14.52 and a 12-month high of $21.59.
Korea Electric Power (NYSE:KEP) last announced its quarterly earnings data on Monday, December 18th. The utilities provider reported $1.05 EPS for the quarter. The company had revenue of $14.57 billion during the quarter. Korea Electric Power had a net margin of 2.31% and a return on equity of 1.95%. sell-side analysts expect that Korea Electric Power will post 0.98 earnings per share for the current year.
Large investors have recently bought and sold shares of the company. We Are One Seven LLC acquired a new position in shares of Korea Electric Power during the 4th quarter worth $150,000. Signaturefd LLC acquired a new position in shares of Korea Electric Power during the 4th quarter worth $185,000. Jane Street Group LLC acquired a new position in shares of Korea Electric Power during the 3rd quarter worth $307,000. Hanson & Doremus Investment Management grew its stake in shares of Korea Electric Power by 31.8% during the 4th quarter. Hanson & Doremus Investment Management now owns 18,425 shares of the utilities provider’s stock worth $326,000 after purchasing an additional 4,445 shares during the period. Finally, Cubist Systematic Strategies LLC grew its stake in shares of Korea Electric Power by 33.7% during the 3rd quarter. Cubist Systematic Strategies LLC now owns 37,233 shares of the utilities provider’s stock worth $624,000 after purchasing an additional 9,393 shares during the period. 4.88% of the stock is currently owned by institutional investors and hedge funds.
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About Korea Electric Power
Korea Electric Power Corporation (KEPCO) is an integrated electric utility company engaged in the transmission and distribution of electricity in the Republic of Korea. Its segments include transmission and distribution, nuclear power generation and thermal power generation and all others . The transmission and distribution segment, which is operated by KEPCO, comprise operations related to the transmission, distribution and sale to end-users of electricity.
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