Korea Electric Power Co. (NYSE:KEP) has received a consensus recommendation of “Hold” from the seven research firms that are covering the company, MarketBeat reports. Two investment analysts have rated the stock with a sell recommendation and five have assigned a hold recommendation to the company.

Several equities analysts have commented on KEP shares. Macquarie cut shares of Korea Electric Power from a “neutral” rating to an “underperform” rating in a research report on Tuesday, September 3rd. Nomura lowered Korea Electric Power from a “buy” rating to a “neutral” rating in a report on Thursday, June 6th. Zacks Investment Research lowered Korea Electric Power from a “hold” rating to a “sell” rating in a report on Wednesday, September 4th. Finally, Morgan Stanley downgraded Korea Electric Power to an “equal weight” rating in a research report on Tuesday, May 14th.

Several large investors have recently modified their holdings of the stock. Atria Investments LLC bought a new position in Korea Electric Power during the second quarter valued at about $251,000. BNP Paribas Arbitrage SA raised its position in Korea Electric Power by 171.9% in the first quarter. BNP Paribas Arbitrage SA now owns 2,825 shares of the utilities provider’s stock worth $37,000 after acquiring an additional 1,786 shares during the period. Quantamental Technologies LLC raised its position in Korea Electric Power by 129.2% in the first quarter. Quantamental Technologies LLC now owns 5,500 shares of the utilities provider’s stock worth $72,000 after acquiring an additional 3,100 shares during the period. Stevens Capital Management LP purchased a new position in Korea Electric Power in the first quarter valued at about $137,000. Finally, Ellington Management Group LLC purchased a new position in Korea Electric Power in the second quarter valued at about $122,000. 3.97% of the stock is currently owned by institutional investors.

Shares of KEP traded up $0.11 during trading hours on Friday, reaching $10.76. 230,342 shares of the stock traded hands, compared to its average volume of 305,684. Korea Electric Power has a 52 week low of $9.90 and a 52 week high of $15.78. The company has a market cap of $13.82 billion, a price-to-earnings ratio of -11.57, a PEG ratio of 35.00 and a beta of 0.31. The stock has a fifty day simple moving average of $10.77 and a 200 day simple moving average of $11.90. The company has a current ratio of 0.89, a quick ratio of 0.59 and a debt-to-equity ratio of 0.78.

Korea Electric Power (NYSE:KEP) last issued its quarterly earnings data on Tuesday, June 11th. The utilities provider reported ($0.55) earnings per share (EPS) for the quarter. The firm had revenue of $13.72 billion during the quarter. Korea Electric Power had a negative return on equity of 2.45% and a negative net margin of 2.90%. Analysts predict that Korea Electric Power will post 0.06 earnings per share for the current fiscal year.

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.

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Analyst Recommendations for Korea Electric Power (NYSE:KEP)

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