Wealthstream Advisors Inc. Purchases New Stake in Korea Electric Power Co. (NYSE:KEP)

Wealthstream Advisors Inc. purchased a new position in Korea Electric Power Co. (NYSE:KEP) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 10,269 shares of the utilities provider’s stock, valued at approximately $71,000.

A number of other hedge funds have also recently modified their holdings of the company. Wilmington Savings Fund Society FSB bought a new stake in shares of Korea Electric Power in the third quarter worth about $35,000. Stifel Financial Corp purchased a new stake in Korea Electric Power in the 3rd quarter worth approximately $96,000. Private Advisor Group LLC purchased a new stake in Korea Electric Power in the 3rd quarter worth approximately $114,000. Jane Street Group LLC bought a new stake in shares of Korea Electric Power in the 3rd quarter worth approximately $140,000. Finally, Townsquare Capital LLC purchased a new position in shares of Korea Electric Power during the third quarter valued at approximately $142,000.

Korea Electric Power Trading Down 1.0 %

Shares of KEP opened at $7.62 on Monday. Korea Electric Power Co. has a 1-year low of $6.68 and a 1-year high of $9.55. The firm has a market capitalization of $9.78 billion, a price-to-earnings ratio of 3.53 and a beta of 1.04. The firm’s 50-day moving average price is $7.17 and its 200-day moving average price is $7.67. The company has a current ratio of 0.43, a quick ratio of 0.30 and a debt-to-equity ratio of 2.10.

Analysts Set New Price Targets

Separately, StockNews.com raised Korea Electric Power from a “hold” rating to a “buy” rating in a research note on Saturday, February 1st.

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.