Generali Investments CEE investicni spolecnost a.s. Makes New $332,000 Investment in Korea Electric Power Co. (NYSE:KEP)

Generali Investments CEE investicni spolecnost a.s. acquired a new position in shares of Korea Electric Power Co. (NYSE:KEP) during the fourth quarter, HoldingsChannel reports. The institutional investor acquired 48,200 shares of the utilities provider’s stock, valued at approximately $332,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Connor Clark & Lunn Investment Management Ltd. grew its position in shares of Korea Electric Power by 46.8% during 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 acquiring an additional 380,145 shares during the last quarter. Public Employees Retirement System of Ohio purchased a new position in shares of Korea Electric Power during the third quarter worth approximately $855,000. Raymond James Financial Inc. purchased a new position in shares of Korea Electric Power during the fourth quarter worth approximately $530,000. Sanctuary Advisors LLC purchased a new position in shares of Korea Electric Power during the fourth quarter worth approximately $525,000. Finally, Blue Trust Inc. grew its position in shares of Korea Electric Power by 98.8% during the fourth quarter. Blue Trust Inc. now owns 99,399 shares of the utilities provider’s stock worth $684,000 after acquiring an additional 49,393 shares during the last quarter.

Korea Electric Power Stock Performance

NYSE:KEP opened at $7.70 on Monday. The firm’s fifty day moving average price is $7.27 and its 200 day moving average price is $7.70. Korea Electric Power Co. has a 1-year low of $6.68 and a 1-year high of $9.55. The company has a debt-to-equity ratio of 2.10, a current ratio of 0.43 and a quick ratio of 0.30. The firm has a market cap of $9.88 billion, a price-to-earnings ratio of 3.56 and a beta of 0.99.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of Korea Electric Power from a “hold” rating to a “buy” rating in a research report on Saturday, February 1st.

Korea Electric Power 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.