Korea Electric Pwr (KEP) Shareholder Silchester International Investors Llp Has Increased Its Stake

August 11, 2017 - By Richard Conner

Silchester International Investors Llp increased its stake in Korea Electric Pwr (KEP) by 22.24% based on its latest 2016Q4 regulatory filing with the SEC. Silchester International Investors Llp bought 4.46M shares as the company’s stock rose 7.41% with the market. The institutional investor held 24.50M shares of the central company at the end of 2016Q4, valued at $452.79M, up from 20.04M at the end of the previous reported quarter. Silchester International Investors Llp who had been investing in Korea Electric Pwr for a number of months, seems to be bullish on the $24.99 billion market cap company. The stock rose 0.10% or $0.02 reaching $19.12 per share. About 300,387 shares traded. Korea Electric Power Corporation (ADR) (NYSE:KEP) has declined 25.10% since August 11, 2016 and is downtrending. It has underperformed by 41.80% the S&P500.

Silchester International Investors Llp, which manages about $36.50 billion and $1.75 billion US Long portfolio, decreased its stake in Vale S A (NYSE:VALE) by 21.03 million shares to 81.11 million shares, valued at $618.03 million in 2016Q4, according to the filing.

More recent Korea Electric Power Corporation (ADR) (NYSE:KEP) news were published by: Nasdaq.com which released: “Korea Electric Power Corporation Common Stock Quote & Summary Data” on August 22, 2011. Also Seekingalpha.com published the news titled: “The Market Is Wrong About KEPCO” on March 31, 2017. Quotes.Wsj.com‘s news article titled: “Korea Electric Power Corp. ADR” with publication date: February 11, 2011 was also an interesting one.

Korea Electric Power Corporation (ADR) (NYSE:KEP) Ratings Coverage

Among 4 analysts covering Korea Electric Power (NYSE:KEP), 0 have Buy rating, 0 Sell and 4 Hold. Therefore 0 are positive. Korea Electric Power had 6 analyst reports since August 26, 2015 according to SRatingsIntel. The company was downgraded on Wednesday, May 10 by Credit Suisse. The firm has “Equal-Weight” rating by Morgan Stanley given on Tuesday, June 21. On Monday, March 7 the stock rating was downgraded by Bank of America to “Underperform”. Zacks upgraded the stock to “Sell” rating in Wednesday, August 26 report. The rating was upgraded by Bank of America to “Neutral” on Monday, November 21. The stock has “Hold” rating by HSBC on Tuesday, February 7.

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