Signaturefd LLC Sells 2,928 Shares of Korea Electric Power Co. (NYSE:KEP)

Signaturefd LLC cut its position in shares of Korea Electric Power Co. (NYSE:KEP) by 10.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 24,769 shares of the utilities provider’s stock after selling 2,928 shares during the quarter. Signaturefd LLC’s holdings in Korea Electric Power were worth $180,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. PNC Financial Services Group Inc. grew its position in Korea Electric Power by 4.4% during the 3rd quarter. PNC Financial Services Group Inc. now owns 46,656 shares of the utilities provider’s stock worth $300,000 after acquiring an additional 1,957 shares during the last quarter. Sequoia Financial Advisors LLC grew its position in Korea Electric Power by 15.3% during the 4th quarter. Sequoia Financial Advisors LLC now owns 46,728 shares of the utilities provider’s stock worth $339,000 after acquiring an additional 6,189 shares during the last quarter. Advisor Partners II LLC grew its position in Korea Electric Power by 36.5% during the 3rd quarter. Advisor Partners II LLC now owns 33,199 shares of the utilities provider’s stock worth $214,000 after acquiring an additional 8,883 shares during the last quarter. Orion Portfolio Solutions LLC grew its position in Korea Electric Power by 86.6% during the 3rd quarter. Orion Portfolio Solutions LLC now owns 19,788 shares of the utilities provider’s stock worth $127,000 after acquiring an additional 9,184 shares during the last quarter. Finally, Drive Wealth Management LLC bought a new position in Korea Electric Power during the 4th quarter worth approximately $85,000.

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 Price Performance

KEP opened at $7.71 on Monday. The stock’s 50 day simple moving average is $8.45 and its 200 day simple moving average is $7.52. The company has a debt-to-equity ratio of 2.49, a current ratio of 0.48 and a quick ratio of 0.34. Korea Electric Power Co. has a 1 year low of $5.93 and a 1 year high of $9.55. The firm has a market cap of $9.90 billion, a price-to-earnings ratio of -2.56 and a beta of 1.01.

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

About Korea Electric Power

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.