Vise Technologies Inc. Purchases New Stake in Korea Electric Power Corporation $KEP

Vise Technologies Inc. acquired a new position in shares of Korea Electric Power Corporation (NYSE:KEP) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 19,844 shares of the utilities provider’s stock, valued at approximately $283,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Cerity Partners LLC raised its stake 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 purchasing an additional 74,818 shares in the last quarter. Cetera Investment Advisers raised its stake in Korea Electric Power by 22.7% during the first quarter. Cetera Investment Advisers now owns 21,121 shares of the utilities provider’s stock valued at $157,000 after buying an additional 3,910 shares in the last quarter. Ramirez Asset Management Inc. raised its stake in Korea Electric Power by 4.2% during the first quarter. Ramirez Asset Management Inc. now owns 279,980 shares of the utilities provider’s stock valued at $2,075,000 after buying an additional 11,215 shares in the last quarter. PNC Financial Services Group Inc. lifted its holdings in Korea Electric Power by 4.3% during the 1st quarter. PNC Financial Services Group Inc. now owns 49,141 shares of the utilities provider’s stock worth $364,000 after buying an additional 2,029 shares during the last quarter. Finally, Atlas Capital Advisors Inc. grew its position in shares of Korea Electric Power by 101.7% in the 1st quarter. Atlas Capital Advisors Inc. now owns 12,734 shares of the utilities provider’s stock worth $94,000 after acquiring an additional 6,422 shares in the last quarter.

Korea Electric Power Stock Up 1.1%

KEP stock opened at $16.81 on Monday. Korea Electric Power Corporation has a fifty-two week low of $6.68 and a fifty-two week high of $17.00. The company has a quick ratio of 0.31, a current ratio of 0.46 and a debt-to-equity ratio of 2.05. The stock has a market cap of $21.58 billion, a PE ratio of 4.79 and a beta of 0.96. The firm’s 50-day simple moving average is $14.24 and its 200 day simple moving average is $13.00.

Korea Electric Power (NYSE:KEP) last announced 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. The company had revenue of $15.70 billion for the quarter, compared to analyst estimates of $19.45 billion. Korea Electric Power had a net margin of 6.58% and a return on equity of 15.34%.

Analysts Set New Price Targets

KEP has been the subject of a number of research analyst reports. Weiss Ratings reiterated a “hold (c)” rating on shares of Korea Electric Power in a report on Wednesday, October 8th. Wall Street Zen upgraded shares of Korea Electric Power from a “buy” rating to a “strong-buy” rating in a research note on Saturday, November 1st. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company currently has an average rating of “Hold”.

Korea Electric Power Company 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.