Korea Electric Power (NYSE:KEP) Upgraded to “Strong-Buy” at Wall Street Zen

Korea Electric Power (NYSE:KEP) was upgraded by stock analysts at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a research report issued to clients and investors on Saturday.

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of Korea Electric Power in a research report on Wednesday, October 8th. One analyst has rated the stock with a Hold rating, According to MarketBeat, the stock has an average rating of “Hold”.

Korea Electric Power Trading Up 0.4%

NYSE:KEP opened at $15.05 on Friday. The company has a market capitalization of $19.32 billion, a PE ratio of 4.29 and a beta of 0.95. The company has a quick ratio of 0.31, a current ratio of 0.46 and a debt-to-equity ratio of 2.05. Korea Electric Power has a 52-week low of $6.68 and a 52-week high of $16.25. The stock has a fifty day simple moving average of $13.72 and a 200-day simple moving average of $12.45.

Korea Electric Power (NYSE:KEP) last released its quarterly earnings results on Monday, September 15th. The utilities provider reported $0.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.60 by $0.03. The business had revenue of $15.70 billion during the quarter, compared to the consensus estimate of $19.45 billion. Korea Electric Power had a return on equity of 15.34% and a net margin of 6.58%.

Institutional Trading of Korea Electric Power

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Rhumbline Advisers grew its holdings in Korea Electric Power by 0.7% in the 2nd quarter. Rhumbline Advisers now owns 163,208 shares of the utilities provider’s stock valued at $2,324,000 after buying an additional 1,182 shares during the period. Blue Trust Inc. grew its holdings in Korea Electric Power by 4.3% in the 3rd quarter. Blue Trust Inc. now owns 35,484 shares of the utilities provider’s stock valued at $463,000 after buying an additional 1,461 shares during the period. CWM LLC grew its holdings in Korea Electric Power by 13.6% in the 3rd quarter. CWM LLC now owns 12,384 shares of the utilities provider’s stock valued at $162,000 after buying an additional 1,483 shares during the period. Hantz Financial Services Inc. grew its holdings in Korea Electric Power by 204.3% in the 2nd quarter. Hantz Financial Services Inc. now owns 2,757 shares of the utilities provider’s stock valued at $39,000 after buying an additional 1,851 shares during the period. Finally, PNC Financial Services Group Inc. grew its holdings in Korea Electric Power by 4.3% in the 1st quarter. PNC Financial Services Group Inc. now owns 49,141 shares of the utilities provider’s stock valued at $364,000 after buying an additional 2,029 shares during the period.

Korea Electric Power Company 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.