Cerity Partners LLC Purchases 14,222 Shares of Korea Electric Power Co. (NYSE:KEP)

Cerity Partners LLC raised its position in shares of Korea Electric Power Co. (NYSE:KEP) by 29.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 62,521 shares of the utilities provider’s stock after purchasing an additional 14,222 shares during the period. Cerity Partners LLC’s holdings in Korea Electric Power were worth $453,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Rhumbline Advisers lifted its position in shares of Korea Electric Power by 9.5% during the third quarter. Rhumbline Advisers now owns 301,740 shares of the utilities provider’s stock worth $1,943,000 after acquiring an additional 26,195 shares in the last quarter. Vanguard Personalized Indexing Management LLC lifted its position in shares of Korea Electric Power by 117.7% during the third quarter. Vanguard Personalized Indexing Management LLC now owns 47,630 shares of the utilities provider’s stock worth $307,000 after acquiring an additional 25,753 shares in the last quarter. Schechter Investment Advisors LLC purchased a new stake in shares of Korea Electric Power during the fourth quarter worth $179,000. Campbell & CO Investment Adviser LLC purchased a new stake in shares of Korea Electric Power during the third quarter worth $118,000. Finally, Drive Wealth Management LLC purchased a new stake in shares of Korea Electric Power during the fourth quarter worth $85,000.

Korea Electric Power Trading Up 0.9 %

Shares of KEP stock opened at $7.67 on Friday. The company has a current ratio of 0.48, a quick ratio of 0.34 and a debt-to-equity ratio of 2.49. Korea Electric Power Co. has a 52-week low of $5.93 and a 52-week high of $9.55. The business’s fifty day moving average is $8.45 and its 200 day moving average is $7.50.

Korea Electric Power (NYSE:KEP) last issued its quarterly earnings data on Tuesday, March 12th. The utilities provider reported $0.73 earnings per share (EPS) for the quarter. Korea Electric Power had a negative return on equity of 13.27% and a negative net margin of 5.65%. The company had revenue of $17.08 billion for the quarter.

Analyst Ratings Changes

Separately, Citigroup upgraded Korea Electric Power from a “sell” rating to a “buy” rating in a research report on Monday, February 26th.

Korea Electric Power Profile

Korea Electric Power Corporation, an integrated electric utility company, engages in the generation, transmission, and distribution of electricity in South Korea and internationally. The company operates through Transmission and Distribution, Nuclear Power Generation, Thermal Power Generation, and Others segments.