Shares of Korea Electric Power Co. (NYSE:KEP) have earned a consensus recommendation of “Hold” from the seven analysts that are presently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell rating and six have issued a hold rating on the company.
Separately, Zacks Investment Research upgraded shares of Korea Electric Power from a “sell” rating to a “hold” rating in a research report on Tuesday.
Shares of KEP opened at $11.33 on Tuesday. Korea Electric Power has a twelve month low of $10.52 and a twelve month high of $18.34. The stock has a market cap of $14.29 billion, a PE ratio of 58.58, a P/E/G ratio of 2.10 and a beta of 0.43. The company has a current ratio of 0.78, a quick ratio of 0.53 and a debt-to-equity ratio of 0.69.
Korea Electric Power (NYSE:KEP) last posted its quarterly earnings data on Tuesday, September 11th. The utilities provider reported ($0.67) earnings per share for the quarter. The company had revenue of $12 billion during the quarter. Korea Electric Power had a return on equity of 0.43% and a net margin of 0.67%. As a group, sell-side analysts predict that Korea Electric Power will post 1.06 earnings per share for the current fiscal year.
Several hedge funds have recently bought and sold shares of KEP. Lansdowne Partners UK LLP bought a new position in shares of Korea Electric Power in the second quarter worth approximately $15,673,000. LMR Partners LLP bought a new position in shares of Korea Electric Power in the second quarter worth approximately $10,321,000. BlackRock Inc. increased its position in shares of Korea Electric Power by 9.1% in the first quarter. BlackRock Inc. now owns 4,070,050 shares of the utilities provider’s stock worth $62,637,000 after purchasing an additional 338,457 shares during the last quarter. Schwab Charles Investment Management Inc. increased its position in shares of Korea Electric Power by 11.8% in the first quarter. Schwab Charles Investment Management Inc. now owns 440,300 shares of the utilities provider’s stock worth $6,777,000 after purchasing an additional 46,600 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its position in shares of Korea Electric Power by 2.9% in the first quarter. Dimensional Fund Advisors LP now owns 1,129,640 shares of the utilities provider’s stock worth $17,385,000 after purchasing an additional 31,922 shares during the last quarter. Institutional investors own 4.18% of the company’s stock.
Korea Electric Power Company Profile
Korea Electric Power Corporation, an integrated electric utility company, generates, transmits, and distributes electricity in Korea and internationally. The company operates through Transmission and Distribution, Electric Power Generation (Nuclear), Electric Power Generation (Non-nuclear), Plant Maintenance & Engineering Service, and Others segments.
Featured Story: Balance Sheet
Receive News & Ratings for Korea Electric Power Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Korea Electric Power and related companies with MarketBeat.com's FREE daily email newsletter.