Jane Street Group LLC purchased a new position in shares of Korea Electric Power Corporation (NYSE:KEP) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 18,318 shares of the utilities provider’s stock, valued at approximately $307,000.

A number of other large investors have also recently added to or reduced their stakes in KEP. Oppenheimer Asset Management Inc. grew its stake in Korea Electric Power 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 buying an additional 2,014 shares during the last quarter. Bessemer Group Inc. grew its stake in Korea Electric Power by 140.4% during the 2nd quarter. Bessemer Group Inc. now owns 7,991 shares of the utilities provider’s stock worth $144,000 after buying an additional 4,667 shares during the last quarter. Citigroup Inc. grew its stake in Korea Electric Power by 29.8% during the 2nd quarter. Citigroup Inc. now owns 9,579 shares of the utilities provider’s stock worth $172,000 after buying an additional 2,201 shares during the last quarter. Sciencast Management LP purchased a new position in Korea Electric Power during the 2nd quarter worth approximately $181,000. Finally, PNC Financial Services Group Inc. grew its stake in Korea Electric Power 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 during the last quarter. Hedge funds and other institutional investors own 4.74% of the company’s stock.

Several brokerages have weighed in on KEP. Goldman Sachs Group downgraded Korea Electric Power from a “neutral” rating to a “sell” rating in a research note on Tuesday, September 26th. Nomura reiterated a “neutral” rating on shares of Korea Electric Power in a research note on Monday, September 18th. Instinet downgraded Korea Electric Power from a “buy” rating to a “neutral” rating in a research note on Monday, September 18th. Finally, Morgan Stanley downgraded Korea Electric Power from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, November 8th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the company’s stock. The company has an average rating of “Hold”.

Korea Electric Power Corporation (KEP) opened at $18.06 on Thursday. Korea Electric Power Corporation has a 12 month low of $16.51 and a 12 month high of $21.59. The firm has a market capitalization of $22,905.28, a P/E ratio of 5.83, a price-to-earnings-growth ratio of 1.21 and a beta of 0.50. The company has a quick ratio of 0.53, a current ratio of 0.92 and a debt-to-equity ratio of 0.63.

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Korea Electric Power 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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