Korea Electric Power Co. (NYSE:KEP) Shares Sold by Avior Wealth Management LLC

Avior Wealth Management LLC lessened its holdings in shares of Korea Electric Power Co. (NYSE:KEP) by 39.0% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 5,329 shares of the utilities provider’s stock after selling 3,413 shares during the quarter. Avior Wealth Management LLC’s holdings in Korea Electric Power were worth $41,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in KEP. Acadian Asset Management LLC purchased a new stake in Korea Electric Power in the first quarter valued at approximately $38,000. O Shaughnessy Asset Management LLC increased its holdings in shares of Korea Electric Power by 17.7% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 15,732 shares of the utilities provider’s stock worth $131,000 after buying an additional 2,370 shares during the last quarter. EverSource Wealth Advisors LLC raised its position in shares of Korea Electric Power by 91.4% in the 1st quarter. EverSource Wealth Advisors LLC now owns 6,063 shares of the utilities provider’s stock worth $46,000 after buying an additional 2,895 shares during the period. CWM LLC boosted its holdings in Korea Electric Power by 13.5% in the second quarter. CWM LLC now owns 11,824 shares of the utilities provider’s stock valued at $84,000 after acquiring an additional 1,404 shares during the last quarter. Finally, Blue Trust Inc. grew its position in Korea Electric Power by 270.3% during the second quarter. Blue Trust Inc. now owns 16,862 shares of the utilities provider’s stock valued at $120,000 after acquiring an additional 12,309 shares during the period.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded Korea Electric Power from a “buy” rating to a “hold” rating in a report on Thursday, November 7th.

Korea Electric Power Price Performance

KEP opened at $8.57 on Tuesday. Korea Electric Power Co. has a 52-week low of $6.69 and a 52-week high of $9.55. The company has a 50 day moving average of $7.96 and a two-hundred day moving average of $7.62. The company has a market cap of $11.00 billion, a P/E ratio of 5.46 and a beta of 1.00. The company has a quick ratio of 0.24, a current ratio of 0.37 and a debt-to-equity ratio of 0.30.

Korea Electric Power (NYSE:KEP) last announced its quarterly earnings results on Monday, September 9th. The utilities provider reported $0.04 earnings per share (EPS) for the quarter. Korea Electric Power had a return on equity of 6.93% and a net margin of 2.95%. The firm had revenue of $14.93 billion during the quarter.

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.