LSV Asset Management lessened its stake in shares of Korea Electric Power Co. (NYSE:KEP) by 83.8% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 84,600 shares of the utilities provider’s stock after selling 437,600 shares during the period. LSV Asset Management’s holdings in Korea Electric Power were worth $1,213,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Ladenburg Thalmann Financial Services Inc. increased its stake in Korea Electric Power by 194.6% during the 1st quarter. Ladenburg Thalmann Financial Services Inc. now owns 10,021 shares of the utilities provider’s stock worth $154,000 after acquiring an additional 6,620 shares during the period. Signaturefd LLC increased its stake in Korea Electric Power by 52.4% during the 1st quarter. Signaturefd LLC now owns 15,919 shares of the utilities provider’s stock worth $245,000 after acquiring an additional 5,476 shares during the period. Wetherby Asset Management Inc. increased its stake in Korea Electric Power by 18.7% during the 1st quarter. Wetherby Asset Management Inc. now owns 41,677 shares of the utilities provider’s stock worth $641,000 after acquiring an additional 6,551 shares during the period. Stevens Capital Management LP bought a new position in Korea Electric Power during the 1st quarter worth $712,000. Finally, Mutual Advisors LLC bought a new position in Korea Electric Power during the 1st quarter worth $874,000. Hedge funds and other institutional investors own 4.18% of the company’s stock.

Shares of KEP opened at $13.57 on Friday. Korea Electric Power Co. has a 52-week low of $12.80 and a 52-week high of $19.49. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.56 and a current ratio of 0.80. The firm has a market capitalization of $17.81 billion, a PE ratio of 12.73, a price-to-earnings-growth ratio of 2.62 and a beta of 0.38.

Korea Electric Power (NYSE:KEP) last issued its quarterly earnings results on Tuesday, June 12th. The utilities provider reported ($0.20) earnings per share (EPS) for the quarter. Korea Electric Power had a net margin of 3.56% and a return on equity of 2.24%. The business had revenue of $14.61 billion during the quarter. equities research analysts expect that Korea Electric Power Co. will post 1.06 earnings per share for the current year.

Separately, ValuEngine lowered Korea Electric Power from a “hold” rating to a “sell” rating in a research note on Saturday, June 2nd. One investment analyst has rated the stock with a sell rating and seven have assigned a hold rating to the company’s stock. Korea Electric Power currently has a consensus rating of “Hold”.

About Korea Electric Power

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.

Further Reading: Price to Earnings Ratio (PE) Basics

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Institutional Ownership by Quarter for Korea Electric Power (NYSE:KEP)

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