EntryPoint Capital LLC Takes $126,000 Position in Korea Electric Power Co. (NYSE:KEP)

EntryPoint Capital LLC bought a new position in Korea Electric Power Co. (NYSE:KEP) during the fourth quarter, according to its most recent filing with the SEC. The firm bought 18,385 shares of the utilities provider’s stock, valued at approximately $126,000.

Several other hedge funds have also bought and sold shares of the business. American Century Companies Inc. boosted its stake in Korea Electric Power by 6.4% during the 4th quarter. American Century Companies Inc. now owns 416,155 shares of the utilities provider’s stock valued at $2,863,000 after purchasing an additional 25,018 shares during the last quarter. Generali Investments CEE investicni spolecnost a.s. purchased a new position in shares of Korea Electric Power during the fourth quarter valued at approximately $332,000. Raymond James Financial Inc. bought a new stake in Korea Electric Power during the fourth quarter worth $530,000. Schechter Investment Advisors LLC raised its position in Korea Electric Power by 136.5% in the 4th quarter. Schechter Investment Advisors LLC now owns 25,568 shares of the utilities provider’s stock valued at $176,000 after buying an additional 14,758 shares during the last quarter. Finally, Wealthstream Advisors Inc. bought a new position in Korea Electric Power during the 4th quarter valued at $71,000.

Korea Electric Power Price Performance

Korea Electric Power stock opened at $7.47 on Monday. The company’s 50 day moving average price is $7.47 and its two-hundred day moving average price is $7.64. The company has a quick ratio of 0.30, a current ratio of 0.43 and a debt-to-equity ratio of 2.10. Korea Electric Power Co. has a 52 week low of $6.68 and a 52 week high of $9.43. The stock has a market cap of $9.58 billion, a P/E ratio of 3.46 and a beta of 0.99.

Korea Electric Power (NYSE:KEP) last released its earnings results on Tuesday, March 11th. The utilities provider reported $0.57 EPS for the quarter, topping analysts’ consensus estimates of $0.55 by $0.02. Korea Electric Power had a return on equity of 9.64% and a net margin of 4.03%. The company had revenue of $16.82 billion for the quarter, compared to analysts’ expectations of $17.04 billion.

Analysts Set New Price Targets

Separately, StockNews.com lowered shares of Korea Electric Power from a “buy” rating to a “hold” rating in a research note on Wednesday, March 26th.

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.