Wealthstream Advisors Inc. Takes $169,000 Position in Korea Electric Power Corporation $KEP

Wealthstream Advisors Inc. bought a new stake in Korea Electric Power Corporation (NYSE:KEP) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 11,867 shares of the utilities provider’s stock, valued at approximately $169,000.

Several other hedge funds have also recently made changes to their positions in KEP. GAMMA Investing LLC increased its position in shares of Korea Electric Power by 439.4% in the 1st quarter. GAMMA Investing LLC now owns 42,170 shares of the utilities provider’s stock valued at $312,000 after acquiring an additional 34,352 shares during the period. Blue Trust Inc. increased its position in shares of Korea Electric Power by 15.7% in the 1st quarter. Blue Trust Inc. now owns 30,251 shares of the utilities provider’s stock valued at $224,000 after acquiring an additional 4,109 shares during the period. Sequoia Financial Advisors LLC increased its position in shares of Korea Electric Power by 15.4% in the 1st quarter. Sequoia Financial Advisors LLC now owns 60,708 shares of the utilities provider’s stock valued at $450,000 after acquiring an additional 8,118 shares during the period. PDS Planning Inc increased its position in shares of Korea Electric Power by 10.2% in the 1st quarter. PDS Planning Inc now owns 26,817 shares of the utilities provider’s stock valued at $199,000 after acquiring an additional 2,473 shares during the period. Finally, Cerity Partners LLC increased its position in shares of Korea Electric Power by 105.9% in the 1st quarter. Cerity Partners LLC now owns 145,455 shares of the utilities provider’s stock valued at $1,078,000 after acquiring an additional 74,818 shares during the period.

Analyst Ratings Changes

Several equities analysts recently issued reports on KEP shares. Weiss Ratings reissued a “hold (c)” rating on shares of Korea Electric Power in a research report on Wednesday, October 8th. Wall Street Zen downgraded Korea Electric Power from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 16th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company has a consensus rating of “Hold”.

Korea Electric Power Price Performance

NYSE:KEP opened at $15.30 on Friday. Korea Electric Power Corporation has a one year low of $6.68 and a one year high of $15.31. The company has a debt-to-equity ratio of 2.05, a quick ratio of 0.31 and a current ratio of 0.46. The firm has a market cap of $19.64 billion, a price-to-earnings ratio of 4.36 and a beta of 0.95. The firm’s fifty day moving average is $13.45 and its two-hundred day moving average is $11.92.

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

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.