Connor Clark & Lunn Investment Management Ltd. Acquires 380,145 Shares of Korea Electric Power Co. (NYSE:KEP)

Connor Clark & Lunn Investment Management Ltd. raised its stake in shares of Korea Electric Power Co. (NYSE:KEP) by 46.8% during the 3rd quarter, Holdings Channel.com reports. The fund owned 1,193,185 shares of the utilities provider’s stock after purchasing an additional 380,145 shares during the quarter. Connor Clark & Lunn Investment Management Ltd.’s holdings in Korea Electric Power were worth $9,259,000 as of its most recent filing with the SEC.

Other institutional investors have also recently made changes to their positions in the company. American Century Companies Inc. lifted its position in Korea Electric Power by 11.8% during the second quarter. American Century Companies Inc. now owns 339,562 shares of the utilities provider’s stock valued at $2,407,000 after purchasing an additional 35,973 shares during the period. Russell Investments Group Ltd. lifted its holdings in shares of Korea Electric Power by 2.7% during the 1st quarter. Russell Investments Group Ltd. now owns 329,161 shares of the utilities provider’s stock valued at $2,742,000 after buying an additional 8,630 shares during the period. Vanguard Personalized Indexing Management LLC boosted its stake in shares of Korea Electric Power by 24.7% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 71,471 shares of the utilities provider’s stock worth $506,000 after buying an additional 14,136 shares during the last quarter. Sei Investments Co. bought a new stake in shares of Korea Electric Power in the second quarter worth $462,000. Finally, Blue Trust Inc. increased its position in Korea Electric Power by 196.6% during the third quarter. Blue Trust Inc. now owns 50,006 shares of the utilities provider’s stock valued at $355,000 after acquiring an additional 33,144 shares during the last quarter.

Korea Electric Power Stock Up 0.5 %

Shares of KEP stock opened at $8.58 on Friday. The company has a current ratio of 0.37, a quick ratio of 0.24 and a debt-to-equity ratio of 0.30. Korea Electric Power Co. has a 12 month low of $6.69 and a 12 month high of $9.55. The stock has a market cap of $11.02 billion, a P/E ratio of 5.44 and a beta of 1.00. The company has a 50 day simple moving average of $7.95 and a two-hundred day simple moving average of $7.61.

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

Analysts Set New Price Targets

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

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.