Korea Electric Power Co. (NYSE:KEP – Get Free Report) was the target of a large decline in short interest during the month of April. As of April 15th, there was short interest totalling 374,400 shares, a decline of 16.1% from the March 31st total of 446,400 shares. Based on an average daily volume of 115,100 shares, the short-interest ratio is presently 3.3 days.
Analysts Set New Price Targets
Separately, Citigroup upgraded shares of Korea Electric Power from a “sell” rating to a “buy” rating in a report on Monday, February 26th.
View Our Latest Analysis on Korea Electric Power
Korea Electric Power Price Performance
Korea Electric Power (NYSE:KEP – Get Free Report) last posted its quarterly earnings results on Tuesday, March 12th. The utilities provider reported $0.73 earnings per share (EPS) for the quarter. Korea Electric Power had a negative net margin of 5.65% and a negative return on equity of 13.27%. The firm had revenue of $17.08 billion during the quarter.
Institutional Trading of Korea Electric Power
Several hedge funds have recently modified their holdings of KEP. Tower Research Capital LLC TRC increased its holdings in shares of Korea Electric Power by 442,500.0% during the fourth quarter. Tower Research Capital LLC TRC now owns 4,426 shares of the utilities provider’s stock worth $32,000 after buying an additional 4,425 shares in the last quarter. GAMMA Investing LLC grew its stake in shares of Korea Electric Power by 137.9% during the first quarter. GAMMA Investing LLC now owns 5,522 shares of the utilities provider’s stock valued at $46,000 after purchasing an additional 3,201 shares during the last quarter. Drive Wealth Management LLC bought a new stake in shares of Korea Electric Power during the fourth quarter valued at approximately $85,000. HB Wealth Management LLC bought a new stake in shares of Korea Electric Power during the first quarter valued at approximately $85,000. Finally, Campbell & CO Investment Adviser LLC bought a new stake in shares of Korea Electric Power during the third quarter valued at approximately $118,000.
Korea Electric Power Company Profile
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.
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