HSBC downgraded shares of Korea Electric Power (NYSE:KEP) from a buy rating to a hold rating in a research note issued to investors on Tuesday morning, The Fly reports.

Several other equities research analysts have also commented on KEP. Morgan Stanley lowered shares of Korea Electric Power from an overweight rating to an equal weight rating in a research report on Wednesday, November 8th. Macquarie lowered shares of Korea Electric Power from an outperform rating to a neutral rating in a research report on Friday, February 2nd. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have issued a buy rating to the company. The stock presently has an average rating of Hold.

Shares of Korea Electric Power (KEP) opened at $14.88 on Tuesday. The company has a market cap of $19,630.00, a price-to-earnings ratio of 6.99, a price-to-earnings-growth ratio of 0.73 and a beta of 0.37. Korea Electric Power has a 1 year low of $14.84 and a 1 year high of $21.59. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.63 and a current ratio of 0.92.

Hedge funds and other institutional investors have recently modified their holdings of the business. Citigroup Inc. boosted its position in shares of Korea Electric Power by 29.8% during the 2nd quarter. Citigroup Inc. now owns 9,579 shares of the utilities provider’s stock worth $172,000 after purchasing an additional 2,201 shares in the last quarter. PNC Financial Services Group Inc. raised its stake in shares of Korea Electric Power by 0.3% during the 2nd quarter. PNC Financial Services Group Inc. now owns 10,351 shares of the utilities provider’s stock worth $185,000 after buying an additional 29 shares during the last quarter. Signaturefd LLC acquired a new position in shares of Korea Electric Power during the 4th quarter worth $185,000. Hanson & Doremus Investment Management acquired a new position in shares of Korea Electric Power during the 3rd quarter worth $234,000. Finally, Virtu KCG Holdings LLC acquired a new position in shares of Korea Electric Power during the 2nd quarter worth $256,000. Institutional investors own 4.81% of the company’s stock.

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Korea Electric Power Company Profile

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.

The Fly

Analyst Recommendations for Korea Electric Power (NYSE:KEP)

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