Korea Electric Power Corporation (NYSE:KEP) Shares Sold by Northern Trust Corp

Northern Trust Corp lowered its holdings in shares of Korea Electric Power Corporation (NYSE:KEP) by 4.1% in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,065,356 shares of the utilities provider’s stock after selling 45,219 shares during the period. Northern Trust Corp owned about 0.08% of Korea Electric Power Corporation worth $19,145,000 as of its most recent filing with the SEC.

Several other institutional investors have also bought and sold shares of the company. PNC Financial Services Group Inc. raised its holdings in shares of Korea Electric Power Corporation by 0.3% during the 2nd quarter. PNC Financial Services Group Inc. now owns 10,351 shares of the utilities provider’s stock worth $185,000 after buying an additional 29 shares in the last quarter. Oppenheimer Asset Management Inc. grew its position in Korea Electric Power Corporation by 34.7% during the 2nd quarter. Oppenheimer Asset Management Inc. now owns 7,818 shares of the utilities provider’s stock worth $140,000 after acquiring an additional 2,014 shares during the last quarter. Wetherby Asset Management Inc. grew its position in Korea Electric Power Corporation by 5.8% during the 2nd quarter. Wetherby Asset Management Inc. now owns 37,132 shares of the utilities provider’s stock worth $667,000 after acquiring an additional 2,040 shares during the last quarter. Citigroup Inc. grew its position in Korea Electric Power Corporation by 29.8% during the 2nd quarter. Citigroup Inc. now owns 9,579 shares of the utilities provider’s stock worth $172,000 after acquiring an additional 2,201 shares during the last quarter. Finally, D.A. Davidson & CO. grew its position in Korea Electric Power Corporation by 35.4% during the 2nd quarter. D.A. Davidson & CO. now owns 10,760 shares of the utilities provider’s stock worth $193,000 after acquiring an additional 2,812 shares during the last quarter. 4.49% of the stock is owned by institutional investors.

Korea Electric Power Corporation (NYSE KEP) traded up $0.03 during midday trading on Friday, hitting $17.31. The company’s stock had a trading volume of 265,100 shares, compared to its average volume of 557,044. Korea Electric Power Corporation has a 1 year low of $16.51 and a 1 year high of $21.59. The company has a market cap of $22,210.00, a price-to-earnings ratio of 4.42, a PEG ratio of 1.18 and a beta of 0.51. The company has a debt-to-equity ratio of 0.64, a current ratio of 0.77 and a quick ratio of 0.53.

A number of brokerages recently weighed in on KEP. BidaskClub upgraded Korea Electric Power Corporation from a “sell” rating to a “hold” rating in a research report on Saturday, August 19th. Goldman Sachs Group, Inc. (The) lowered Korea Electric Power Corporation from a “neutral” rating to a “sell” rating in a research report on Tuesday, September 26th. HSBC Holdings plc upgraded Korea Electric Power Corporation from a “hold” rating to a “buy” rating in a research report on Monday, July 31st. Morgan Stanley lowered Korea Electric Power Corporation from an “overweight” rating to an “equal weight” rating in a research report on Wednesday. Finally, Instinet lowered Korea Electric Power Corporation from a “buy” rating to a “neutral” rating in a research report on Monday, September 18th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold”.

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Korea Electric Power Corporation Company Profile

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.

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

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