Stifel Financial Corp Purchases New Shares in Korea Electric Power Co. (NYSE:KEP)

Stifel Financial Corp purchased a new position in shares of Korea Electric Power Co. (NYSE:KEP) during the third quarter, HoldingsChannel reports. The fund purchased 12,350 shares of the utilities provider’s stock, valued at approximately $96,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Atomi Financial Group Inc. increased its holdings in shares of Korea Electric Power by 14.3% during the third quarter. Atomi Financial Group Inc. now owns 13,632 shares of the utilities provider’s stock worth $106,000 after purchasing an additional 1,704 shares during the period. Sivia Capital Partners LLC boosted its stake in shares of Korea Electric Power by 9.3% in the second quarter. Sivia Capital Partners LLC now owns 23,310 shares of the utilities provider’s stock valued at $165,000 after buying an additional 1,982 shares during the period. GAMMA Investing LLC grew its position in Korea Electric Power by 114.7% during the third quarter. GAMMA Investing LLC now owns 6,339 shares of the utilities provider’s stock worth $49,000 after buying an additional 3,386 shares in the last quarter. Eagle Asset Management Inc. increased its stake in Korea Electric Power by 11.9% during the 3rd quarter. Eagle Asset Management Inc. now owns 48,153 shares of the utilities provider’s stock worth $381,000 after acquiring an additional 5,131 shares during the period. Finally, FMR LLC raised its holdings in Korea Electric Power by 12.8% in the 3rd quarter. FMR LLC now owns 68,773 shares of the utilities provider’s stock valued at $534,000 after acquiring an additional 7,787 shares in the last quarter.

Analysts Set New Price Targets

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

Korea Electric Power Price Performance

KEP stock opened at $6.81 on Tuesday. The company’s 50-day moving average price is $7.95 and its two-hundred day moving average price is $7.67. The firm has a market cap of $8.74 billion, a P/E ratio of 3.15 and a beta of 1.00. The company has a quick ratio of 0.24, a current ratio of 0.43 and a debt-to-equity ratio of 2.10. Korea Electric Power Co. has a 12 month low of $6.69 and a 12 month high of $9.55.

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.