Korea Electric Power Co. (NYSE:KEP) has received a consensus rating of “Hold” from the six brokerages that are presently covering the firm, Marketbeat reports. Six equities research analysts have rated the stock with a hold rating.
A number of research analysts recently commented on the company. Nomura downgraded Korea Electric Power from a “buy” rating to a “neutral” rating in a report on Thursday, June 6th. Morgan Stanley downgraded Korea Electric Power to an “equal weight” rating in a report on Tuesday, May 14th. Zacks Investment Research raised Korea Electric Power from a “sell” rating to a “hold” rating in a report on Friday, August 9th. ValuEngine raised Korea Electric Power from a “sell” rating to a “hold” rating in a report on Monday, May 13th. Finally, Daiwa Capital Markets downgraded Korea Electric Power from a “buy” rating to a “hold” rating in a report on Tuesday, May 7th.
Institutional investors and hedge funds have recently modified their holdings of the stock. Russell Investments Group Ltd. bought a new position in Korea Electric Power during the 2nd quarter worth approximately $11,740,000. Morgan Stanley lifted its holdings in Korea Electric Power by 12.4% during the 2nd quarter. Morgan Stanley now owns 3,515,778 shares of the utilities provider’s stock worth $39,025,000 after buying an additional 388,353 shares during the last quarter. FMR LLC bought a new position in Korea Electric Power during the 4th quarter worth approximately $3,698,000. Northern Trust Corp lifted its holdings in Korea Electric Power by 21.3% during the 2nd quarter. Northern Trust Corp now owns 1,313,043 shares of the utilities provider’s stock worth $14,575,000 after buying an additional 230,698 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in Korea Electric Power by 26.4% during the 1st quarter. JPMorgan Chase & Co. now owns 985,524 shares of the utilities provider’s stock worth $12,821,000 after buying an additional 205,756 shares during the last quarter. 3.91% of the stock is owned by hedge funds and other institutional investors.
KEP remained flat at $$10.34 on Monday. The company had a trading volume of 190,700 shares, compared to its average volume of 213,611. The firm has a market cap of $13.19 billion, a PE ratio of -11.12, a price-to-earnings-growth ratio of 17.12 and a beta of 0.30. Korea Electric Power has a 1 year low of $9.90 and a 1 year high of $15.78. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.59 and a current ratio of 0.89. The firm has a 50-day moving average of $11.00 and a 200 day moving average of $12.43.
Korea Electric Power (NYSE:KEP) last issued its quarterly earnings results on Tuesday, June 11th. The utilities provider reported ($0.55) EPS for the quarter. The business had revenue of $13.72 billion during the quarter. Korea Electric Power had a negative net margin of 2.90% and a negative return on equity of 2.45%. Research analysts anticipate that Korea Electric Power will post 0.06 earnings per share for the current year.
Korea Electric Power Company Profile
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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