Cambridge Investment Research Advisors Inc. Grows Holdings in Korea Electric Power Corporation (NYSE:KEP)

Cambridge Investment Research Advisors Inc. increased its holdings in shares of Korea Electric Power Corporation (NYSE:KEP) by 24.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 128,268 shares of the utilities provider’s stock after purchasing an additional 25,318 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in Korea Electric Power were worth $2,150,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in KEP. Silchester International Investors LLP boosted its stake in Korea Electric Power by 11.8% during the second quarter. Silchester International Investors LLP now owns 28,979,640 shares of the utilities provider’s stock valued at $520,764,000 after buying an additional 3,050,535 shares during the last quarter. Towle & Co. bought a new position in Korea Electric Power during the third quarter valued at approximately $25,158,000. Crossmark Global Holdings Inc. bought a new position in Korea Electric Power during the third quarter valued at approximately $6,711,000. Orbis Allan Gray Ltd boosted its stake in Korea Electric Power by 22.4% during the second quarter. Orbis Allan Gray Ltd now owns 1,340,408 shares of the utilities provider’s stock valued at $24,087,000 after buying an additional 245,550 shares during the last quarter. Finally, Athos Capital Ltd bought a new position in Korea Electric Power during the second quarter valued at approximately $2,524,000. Hedge funds and other institutional investors own 4.78% of the company’s stock.

Shares of Korea Electric Power Corporation (NYSE KEP) traded down $0.12 during mid-day trading on Monday, hitting $17.45. The company had a trading volume of 339,858 shares, compared to its average volume of 540,135. Korea Electric Power Corporation has a 52-week low of $16.51 and a 52-week high of $21.59. The company has a debt-to-equity ratio of 0.64, a current ratio of 0.77 and a quick ratio of 0.53. The company has a market cap of $22,558.61, a price-to-earnings ratio of 5.74, a P/E/G ratio of 1.20 and a beta of 0.50.

A number of equities analysts recently commented on KEP shares. Goldman Sachs Group lowered Korea Electric Power from a “neutral” rating to a “sell” rating in a research note on Tuesday, September 26th. Morgan Stanley lowered Korea Electric Power from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, November 8th. Instinet lowered Korea Electric Power from a “buy” rating to a “neutral” rating in a research note on Monday, September 18th. Nomura reaffirmed a “neutral” rating on shares of Korea Electric Power in a research note on Monday, September 18th. Finally, BidaskClub raised Korea Electric Power from a “sell” rating to a “hold” rating in a research note on Saturday, August 19th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the company’s stock. The stock has an average rating of “Hold”.

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Korea Electric Power 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 (NYSE:KEP)

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