Schroder Investment Management Group Has $2.55 Million Stake in Korea Electric Power Co. (KEP)

Share on StockTwits

Schroder Investment Management Group cut its position in Korea Electric Power Co. (NYSE:KEP) by 55.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 165,611 shares of the utilities provider’s stock after selling 206,715 shares during the quarter. Schroder Investment Management Group’s holdings in Korea Electric Power were worth $2,549,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of KEP. Silchester International Investors LLP raised its position in Korea Electric Power by 3.4% in the fourth quarter. Silchester International Investors LLP now owns 31,165,495 shares of the utilities provider’s stock valued at $551,941,000 after purchasing an additional 1,022,455 shares during the last quarter. Rockefeller Capital Management L.P. bought a new position in Korea Electric Power in the first quarter valued at about $12,223,000. BlackRock Inc. raised its position in Korea Electric Power by 9.1% in the first quarter. BlackRock Inc. now owns 4,070,050 shares of the utilities provider’s stock valued at $62,637,000 after purchasing an additional 338,457 shares during the last quarter. Assetmark Inc. raised its position in Korea Electric Power by 217.0% in the fourth quarter. Assetmark Inc. now owns 347,324 shares of the utilities provider’s stock valued at $6,151,000 after purchasing an additional 237,749 shares during the last quarter. Finally, Aperio Group LLC raised its position in Korea Electric Power by 18.1% in the first quarter. Aperio Group LLC now owns 841,383 shares of the utilities provider’s stock valued at $12,949,000 after purchasing an additional 129,237 shares during the last quarter. Hedge funds and other institutional investors own 4.67% of the company’s stock.

Shares of Korea Electric Power opened at $15.64 on Friday, according to Marketbeat. Korea Electric Power Co. has a 1 year low of $14.12 and a 1 year high of $20.38. The company has a quick ratio of 0.56, a current ratio of 0.80 and a debt-to-equity ratio of 0.66. The stock has a market cap of $19.00 billion, a PE ratio of 16.46, a P/E/G ratio of 1.28 and a beta of 0.47.

Several equities analysts have commented on the company. ValuEngine downgraded Korea Electric Power from a “hold” rating to a “sell” rating in a research report on Saturday, June 2nd. Daiwa Capital Markets downgraded Korea Electric Power from an “outperform” rating to a “hold” rating in a research report on Wednesday, March 21st. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and two have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold”.

About Korea Electric Power

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.

Institutional Ownership by Quarter for Korea Electric Power (NYSE:KEP)

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.

Leave a Reply