Blue Trust Inc. Acquires 49,393 Shares of Korea Electric Power Co. (NYSE:KEP)

Blue Trust Inc. grew its holdings in Korea Electric Power Co. (NYSE:KEP) by 98.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 99,399 shares of the utilities provider’s stock after acquiring an additional 49,393 shares during the period. Blue Trust Inc.’s holdings in Korea Electric Power were worth $684,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Sei Investments Co. purchased a new position in Korea Electric Power during the second quarter valued at $462,000. GAMMA Investing LLC boosted its holdings in shares of Korea Electric Power by 114.7% during the 3rd quarter. GAMMA Investing LLC now owns 6,339 shares of the utilities provider’s stock valued at $49,000 after purchasing an additional 3,386 shares during the last quarter. Atomi Financial Group Inc. increased its holdings in shares of Korea Electric Power by 14.3% in the third quarter. Atomi Financial Group Inc. now owns 13,632 shares of the utilities provider’s stock worth $106,000 after purchasing an additional 1,704 shares during the last quarter. Private Advisor Group LLC bought a new stake in shares of Korea Electric Power in the third quarter worth about $114,000. Finally, Connor Clark & Lunn Investment Management Ltd. lifted its position in shares of Korea Electric Power by 46.8% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,193,185 shares of the utilities provider’s stock worth $9,259,000 after buying an additional 380,145 shares in the last quarter.

Korea Electric Power Stock Performance

KEP stock opened at $7.36 on Friday. Korea Electric Power Co. has a 52 week low of $6.68 and a 52 week high of $9.55. The company has a fifty day simple moving average of $7.45 and a two-hundred day simple moving average of $7.66. The company has a current ratio of 0.43, a quick ratio of 0.30 and a debt-to-equity ratio of 2.10.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded Korea Electric Power from a “buy” rating to a “hold” rating in a research note on Friday, January 24th.

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.