Atomi Financial Group Inc. Has $85,000 Stake in Korea Electric Power Co. (NYSE:KEP)

Atomi Financial Group Inc. decreased its position in shares of Korea Electric Power Co. (NYSE:KEP) by 13.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 11,928 shares of the utilities provider’s stock after selling 1,927 shares during the period. Atomi Financial Group Inc.’s holdings in Korea Electric Power were worth $85,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the company. CWM LLC increased its holdings in shares of Korea Electric Power by 13.5% during the second quarter. CWM LLC now owns 11,824 shares of the utilities provider’s stock worth $84,000 after buying an additional 1,404 shares in the last quarter. Corient Private Wealth LLC increased its holdings in shares of Korea Electric Power by 1.8% during the fourth quarter. Corient Private Wealth LLC now owns 111,679 shares of the utilities provider’s stock worth $810,000 after buying an additional 1,954 shares in the last quarter. O Shaughnessy Asset Management LLC increased its holdings in shares of Korea Electric Power by 17.7% during the first quarter. O Shaughnessy Asset Management LLC now owns 15,732 shares of the utilities provider’s stock worth $131,000 after buying an additional 2,370 shares in the last quarter. PDS Planning Inc increased its holdings in shares of Korea Electric Power by 11.5% during the first quarter. PDS Planning Inc now owns 23,462 shares of the utilities provider’s stock worth $195,000 after buying an additional 2,425 shares in the last quarter. Finally, EverSource Wealth Advisors LLC increased its holdings in shares of Korea Electric Power by 91.4% during the first quarter. EverSource Wealth Advisors LLC now owns 6,063 shares of the utilities provider’s stock worth $46,000 after buying an additional 2,895 shares in the last quarter.

Korea Electric Power Price Performance

KEP opened at $8.38 on Friday. Korea Electric Power Co. has a one year low of $5.93 and a one year high of $9.55. The company has a debt-to-equity ratio of 2.32, a current ratio of 0.42 and a quick ratio of 0.28. The company’s 50 day simple moving average is $7.31 and its 200-day simple moving average is $7.76. The stock has a market capitalization of $10.76 billion, a P/E ratio of 24.65 and a beta of 1.02.

Korea Electric Power (NYSE:KEP) last released its quarterly earnings results on Thursday, June 13th. The utilities provider reported $0.33 EPS for the quarter. Korea Electric Power had a net margin of 0.64% and a return on equity of 1.50%. The business had revenue of $17.52 billion for the quarter.

Wall Street Analyst Weigh In

Separately, StockNews.com cut shares of Korea Electric Power from a “buy” rating to a “hold” rating in a research note on Saturday, August 24th.

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.