Donald Smith & CO. Inc. Sells 1,555 Shares of Korea Electric Power Co. (NYSE:KEP)

Donald Smith & CO. Inc. lessened its holdings in shares of Korea Electric Power Co. (NYSE:KEP) by 0.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,921,766 shares of the utilities provider’s stock after selling 1,555 shares during the period. Donald Smith & CO. Inc.’s holdings in Korea Electric Power were worth $13,933,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of KEP. Sequoia Financial Advisors LLC boosted its stake in Korea Electric Power by 15.3% in the 4th quarter. Sequoia Financial Advisors LLC now owns 46,728 shares of the utilities provider’s stock worth $339,000 after purchasing an additional 6,189 shares in the last quarter. Schechter Investment Advisors LLC bought a new position in Korea Electric Power in the 4th quarter worth about $179,000. PNC Financial Services Group Inc. boosted its stake in Korea Electric Power by 4.4% in the 3rd 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 in the last quarter. Rhumbline Advisers boosted its stake in Korea Electric Power by 9.5% in the 3rd quarter. Rhumbline Advisers now owns 301,740 shares of the utilities provider’s stock worth $1,943,000 after purchasing an additional 26,195 shares in the last quarter. Finally, Vanguard Personalized Indexing Management LLC boosted its stake in Korea Electric Power by 117.7% in the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 47,630 shares of the utilities provider’s stock worth $307,000 after purchasing an additional 25,753 shares in the last quarter.

Korea Electric Power Stock Performance

Shares of Korea Electric Power stock traded up $0.12 during trading on Monday, hitting $7.83. 92,645 shares of the stock traded hands, compared to its average volume of 108,163. Korea Electric Power Co. has a 52-week low of $5.93 and a 52-week high of $9.55. The stock’s fifty day simple moving average is $8.45 and its 200 day simple moving average is $7.52. The company has a debt-to-equity ratio of 2.49, a quick ratio of 0.34 and a current ratio of 0.48.

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

Analyst Upgrades and Downgrades

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

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.