Korea Electric Power Co. (KEP) Holdings Decreased by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP cut its stake in shares of Korea Electric Power Co. (NYSE:KEP) by 0.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,126,042 shares of the utilities provider’s stock after selling 6,647 shares during the period. Dimensional Fund Advisors LP owned approximately 0.09% of Korea Electric Power worth $16,609,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Tuttle Tactical Management acquired a new stake in shares of Korea Electric Power during the fourth quarter valued at about $692,000. Quadrant Capital Group LLC increased its position in shares of Korea Electric Power by 999.8% during the fourth quarter. Quadrant Capital Group LLC now owns 21,590 shares of the utilities provider’s stock valued at $314,000 after acquiring an additional 19,627 shares during the last quarter. Cognios Capital LLC acquired a new stake in shares of Korea Electric Power during the fourth quarter valued at about $1,026,000. Tower Research Capital LLC TRC increased its position in shares of Korea Electric Power by 279.4% during the third quarter. Tower Research Capital LLC TRC now owns 14,948 shares of the utilities provider’s stock valued at $197,000 after acquiring an additional 11,008 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its position in shares of Korea Electric Power by 91.5% during the third quarter. JPMorgan Chase & Co. now owns 386,748 shares of the utilities provider’s stock valued at $5,093,000 after acquiring an additional 184,757 shares during the last quarter. Institutional investors and hedge funds own 4.11% of the company’s stock.

NYSE KEP opened at $12.74 on Wednesday. The company has a quick ratio of 0.57, a current ratio of 0.90 and a debt-to-equity ratio of 0.75. Korea Electric Power Co. has a one year low of $10.52 and a one year high of $17.57. The company has a market capitalization of $16.25 billion, a PE ratio of -13.70, a price-to-earnings-growth ratio of 2.43 and a beta of 0.19.

Korea Electric Power (NYSE:KEP) last posted its quarterly earnings data on Monday, March 11th. The utilities provider reported ($0.56) EPS for the quarter. Korea Electric Power had a negative net margin of 2.03% and a negative return on equity of 1.74%. The business had revenue of $13.81 billion during the quarter. Equities research analysts anticipate that Korea Electric Power Co. will post 1.04 earnings per share for the current year.

KEP has been the subject of several recent research reports. Jefferies Financial Group lowered shares of Korea Electric Power from a “buy” rating to a “hold” rating in a research note on Monday, January 28th. Zacks Investment Research raised shares of Korea Electric Power from a “hold” rating to a “strong-buy” rating and set a $18.00 price objective for the company in a research note on Thursday, January 17th. Finally, Nomura raised shares of Korea Electric Power from a “neutral” rating to a “buy” rating in a research note on Wednesday, January 2nd. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. Korea Electric Power has an average rating of “Buy” and an average price target of $18.00.

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About Korea Electric Power

Korea Electric Power Corporation, an integrated electric utility company, generates, transmits, and distributes electricity in Korea and internationally. The company operates through Transmission and Distribution, Electric Power Generation (Nuclear), Electric Power Generation (Non-nuclear), Plant Maintenance & Engineering Service, and Others segments.

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

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