Stevens Capital Management LP purchased a new position in Korea Electric Power Corporation (NYSE:KEP) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 30,928 shares of the utilities provider’s stock, valued at approximately $556,000.

Several other large investors have also bought and sold shares of KEP. Silchester International Investors LLP grew its stake in shares of Korea Electric Power Corporation by 11.8% in the second quarter. Silchester International Investors LLP now owns 28,979,640 shares of the utilities provider’s stock worth $520,764,000 after acquiring an additional 3,050,535 shares in the last quarter. UBS Group AG grew its stake in shares of Korea Electric Power Corporation by 216.2% in the first quarter. UBS Group AG now owns 1,471,363 shares of the utilities provider’s stock worth $30,502,000 after acquiring an additional 1,005,964 shares in the last quarter. Bank of America Corp DE grew its stake in shares of Korea Electric Power Corporation by 45.2% in the first quarter. Bank of America Corp DE now owns 1,681,491 shares of the utilities provider’s stock worth $34,857,000 after acquiring an additional 523,129 shares in the last quarter. Donald Smith & CO. Inc. grew its stake in shares of Korea Electric Power Corporation by 12.9% in the first quarter. Donald Smith & CO. Inc. now owns 4,513,765 shares of the utilities provider’s stock worth $93,570,000 after acquiring an additional 514,994 shares in the last quarter. Finally, Capstone Asset Management Co. grew its stake in shares of Korea Electric Power Corporation by 355.1% in the second quarter. Capstone Asset Management Co. now owns 403,465 shares of the utilities provider’s stock worth $7,250,000 after acquiring an additional 314,816 shares in the last quarter. Institutional investors and hedge funds own 4.47% of the company’s stock.

Korea Electric Power Corporation (NYSE:KEP) opened at 16.79 on Thursday. Korea Electric Power Corporation has a 1-year low of $16.69 and a 1-year high of $27.12. The firm has a market cap of $21.56 billion, a P/E ratio of 5.59 and a beta of 0.55. The firm has a 50 day moving average of $19.02 and a 200 day moving average of $19.24.

Several research firms have commented on KEP. Goldman Sachs Group, Inc. (The) downgraded shares of Korea Electric Power Corporation from a “neutral” rating to a “sell” rating in a research note on Tuesday. Instinet downgraded shares of Korea Electric Power Corporation from a “buy” rating to a “neutral” rating in a research note on Monday, September 18th. Nomura restated a “neutral” rating on shares of Korea Electric Power Corporation in a research note on Monday, September 18th. BidaskClub upgraded shares of Korea Electric Power Corporation from a “sell” rating to a “hold” rating in a research note on Saturday, August 19th. Finally, HSBC Holdings plc upgraded shares of Korea Electric Power Corporation from a “hold” rating to a “buy” rating in a research note on Monday, July 31st. One analyst has rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $25.00.

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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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