Korea Electric Power Corp (NYSE:KEP).
Thornburg Investment Management Inc reports that it bought 172,542 shares in the previous quarter increasing its stake in Korea Electric Power Corp (KEP) by 21.1%. Its position was worth $16,620,000 an increase of 12.9% as of the end of the quarter.
Here are a few institutional investors who have updated their positions. As of the end of the quarter Lsv Asset Management had sold 149,700 shares trimming its stake by 21.6%. The value of the investment in Korea Electric Power Corp decreased from $12,465,000 to $9,117,000 a change of $3,348,000 quarter over quarter. Dimensional Fund Advisors Lp added to its position by buying 28,676 shares an increase of 2.7% from 06/30/2017 to 09/30/2017. Dimensional Fund Advisors Lp now holds 1,073,042 shares with a value of $17,982,000. The total value of its holdings decreased 4.1%.
As of quarter end Greenleaf Trust had acquired a total of 5,734 shares growing its holdings by 29.6%. The value of the company’s investment in Korea Electric Power Corp went from $349,000 to $421,000 a change of 20.6% since the last quarter.
On September 18, 2017 Nomura maintained a “Neutral” rating on the company.
The company is now up from yesterday’s close of 17.13. Korea Electric Power Corp’s P/E ratio is 8.28 and the market cap of the company is 21.76B. As of the latest earnings report the EPS was $2.07 with 641.96M shares presently outstanding.
Investors are more bullish of late as inferred by the downtick in short interest. The firm recorded a fall in short interest of -0.62% as of the latest report on October 13, 2017. Short shares fell 11,343 over that period. With short interest at 1,825,479 and short average daily volume at 378,021, days to cover is 5.0 and the percentage of shorted shares was 0.00% on October 13.