Cambridge Investment Research Advisors Inc. increased its stake in shares of Korea Electric Power Corporation (NYSE:KEP) by 30.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 102,950 shares of the utilities provider’s stock after buying an additional 23,851 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in Korea Electric Power Corporation were worth $1,850,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Renaissance Group LLC increased its position in Korea Electric Power Corporation by 9.5% in the second quarter. Renaissance Group LLC now owns 667,364 shares of the utilities provider’s stock valued at $11,993,000 after buying an additional 57,678 shares during the last quarter. Airain ltd bought a new position in Korea Electric Power Corporation during the second quarter valued at about $588,000. Advisors Asset Management Inc. increased its position in Korea Electric Power Corporation by 53.5% in the second quarter. Advisors Asset Management Inc. now owns 47,685 shares of the utilities provider’s stock valued at $857,000 after buying an additional 16,623 shares during the last quarter. DekaBank Deutsche Girozentrale bought a new position in Korea Electric Power Corporation during the second quarter valued at about $619,000. Finally, Athos Capital Ltd bought a new position in Korea Electric Power Corporation during the second quarter valued at about $2,524,000. 4.48% of the stock is currently owned by institutional investors and hedge funds.

Shares of Korea Electric Power Corporation (NYSE:KEP) opened at 19.34 on Friday. The firm has a market capitalization of $24.81 billion, a PE ratio of 6.48 and a beta of 0.55. Korea Electric Power Corporation has a 12 month low of $17.36 and a 12 month high of $27.12. The stock has a 50 day moving average of $19.54 and a 200-day moving average of $19.27.

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Several equities analysts have issued reports on the stock. BidaskClub raised shares of Korea Electric Power Corporation from a “sell” rating to a “hold” rating in a report on Saturday, August 19th. HSBC Holdings plc raised shares of Korea Electric Power Corporation from a “hold” rating to a “buy” rating in a report on Monday, July 31st. Morgan Stanley raised shares of Korea Electric Power Corporation from an “equal weight” rating to an “overweight” rating in a report on Monday, July 10th. Bank of America Corporation raised shares of Korea Electric Power Corporation from a “neutral” rating to a “buy” rating in a report on Wednesday, July 5th. Finally, Credit Suisse Group downgraded shares of Korea Electric Power Corporation from an “outperform” rating to a “neutral” rating in a report on Wednesday, May 10th. Five investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $25.00.

About Korea Electric Power Corporation

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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