Vanguard Group Inc. raised its stake in Korea Electric Power Co. (NYSE:KEP) by 0.2% during the first quarter, Holdings Channel reports. The firm owned 2,133,962 shares of the utilities provider’s stock after buying an additional 5,242 shares during the period. Vanguard Group Inc.’s holdings in Korea Electric Power were worth $44,237,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Sei Investments Co. raised its position in Korea Electric Power by 192.2% in the first quarter. Sei Investments Co. now owns 1,860,545 shares of the utilities provider’s stock valued at $38,569,000 after buying an additional 1,223,879 shares during the period. Karp Capital Management Corp acquired a new position in Korea Electric Power during the first quarter valued at $14,713,000. Thornburg Investment Management Inc. acquired a new position in Korea Electric Power during the first quarter valued at $13,281,000. Donald Smith & CO. Inc. raised its position in Korea Electric Power by 12.9% in the first quarter. Donald Smith & CO. Inc. now owns 4,513,765 shares of the utilities provider’s stock valued at $93,570,000 after buying an additional 514,994 shares during the period. Finally, Ameriprise Financial Inc. raised its position in Korea Electric Power by 30.0% in the first quarter. Ameriprise Financial Inc. now owns 789,609 shares of the utilities provider’s stock valued at $16,367,000 after buying an additional 182,132 shares during the period. 4.87% of the stock is owned by hedge funds and other institutional investors.

Shares of Korea Electric Power Co. (KEP) traded up 0.42% during mid-day trading on Friday, hitting $19.18. The stock had a trading volume of 415,762 shares. Korea Electric Power Co. has a 1-year low of $17.36 and a 1-year high of $27.12. The stock’s 50-day moving average is $19.12 and its 200 day moving average is $19.13. The firm has a market capitalization of $24.63 billion, a price-to-earnings ratio of 6.31 and a beta of 0.53.

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KEP has been the subject of several research analyst reports. Credit Suisse Group lowered Korea Electric Power from an “outperform” rating to a “neutral” rating in a research report on Wednesday, May 10th. BidaskClub downgraded Korea Electric Power from a “sell” rating to a “strong sell” rating in a research note on Thursday, June 22nd. Bank of America Corporation upgraded Korea Electric Power from a “neutral” rating to a “buy” rating in a research note on Wednesday, July 5th. Morgan Stanley upgraded Korea Electric Power from an “equal weight” rating to an “overweight” rating in a research note on Monday, July 10th. Finally, HSBC Holdings plc upgraded Korea Electric Power from a “hold” rating to a “buy” rating in a research note on Monday, July 31st. One investment analyst has rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the stock. Korea Electric Power presently has an average rating of “Hold” and a consensus target price of $25.00.

About Korea Electric Power

Korea Electric Power Corporation (KEPCO) is an integrated electric utility company engaged in the transmission and distribution of electricity in the Republic of Korea. Its segments include transmission and distribution, nuclear power generation and thermal power generation and all others . The transmission and distribution segment, which is operated by KEPCO, comprise operations related to the transmission, distribution and sale to end-users of electricity.

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

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