BNP Paribas Financial Markets Decreases Stake in Korea Electric Power Co. (NYSE:KEP)

BNP Paribas Financial Markets lowered its position in Korea Electric Power Co. (NYSE:KEP) by 5.1% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 32,697 shares of the utilities provider’s stock after selling 1,756 shares during the period. BNP Paribas Financial Markets’ holdings in Korea Electric Power were worth $254,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Connor Clark & Lunn Investment Management Ltd. boosted its stake in shares of Korea Electric Power by 46.8% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,193,185 shares of the utilities provider’s stock valued at $9,259,000 after acquiring an additional 380,145 shares during the last quarter. Blue Trust Inc. increased its stake in Korea Electric Power by 270.3% in the second quarter. Blue Trust Inc. now owns 16,862 shares of the utilities provider’s stock valued at $120,000 after purchasing an additional 12,309 shares during the last quarter. CWM LLC lifted its position in 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 during the period. Vanguard Personalized Indexing Management LLC grew its holdings in Korea Electric Power by 24.7% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 71,471 shares of the utilities provider’s stock valued at $506,000 after buying an additional 14,136 shares during the period. Finally, Private Advisor Group LLC purchased a new position in shares of Korea Electric Power during the 3rd quarter worth about $114,000.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of Korea Electric Power from a “hold” rating to a “buy” rating in a research report on Thursday, December 5th.

Korea Electric Power Price Performance

Shares of Korea Electric Power stock opened at $7.55 on Tuesday. The business’s fifty day moving average price is $8.02 and its 200 day moving average price is $7.69. Korea Electric Power Co. has a twelve month low of $6.69 and a twelve month high of $9.55. The company has a current ratio of 0.37, a quick ratio of 0.24 and a debt-to-equity ratio of 0.30. The stock has a market capitalization of $9.69 billion, a P/E ratio of 3.50 and a beta of 1.00.

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.