Korea Electric Power Corp. (NYSE:KEP) reached a new 52-week high during trading on Tuesday . The company traded as high as $27.34 and last traded at $26.81, with a volume of 342,412 shares. The stock had previously closed at $26.57.

Several research firms recently weighed in on KEP. Zacks Investment Research cut shares of Korea Electric Power Corp. from a “buy” rating to a “strong sell” rating in a report on Tuesday, April 5th. Goldman Sachs Group Inc. cut shares of Korea Electric Power Corp. from a “conviction-buy” rating to a “buy” rating in a report on Monday, May 16th. Finally, Morgan Stanley cut shares of Korea Electric Power Corp. from an “overweight” rating to an “equal weight” rating in a report on Tuesday, June 21st.

The company has a 50 day moving average of $25.88 and a 200 day moving average of $24.72. The company has a market cap of $34.71 billion and a price-to-earnings ratio of 2.7794.

A number of hedge funds have recently made changes to their positions in KEP. Dimensional Fund Advisors LP increased its stake in shares of Korea Electric Power Corp. by 0.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 898,411 shares of the company’s stock valued at $19,023,000 after buying an additional 4,886 shares during the period. Wells Fargo & Company MN increased its stake in shares of Korea Electric Power Corp. by 16.7% in the fourth quarter. Wells Fargo & Company MN now owns 336,974 shares of the company’s stock worth $7,134,000 after buying an additional 48,098 shares during the last quarter. Bank of Montreal Can increased its stake in shares of Korea Electric Power Corp. by 10,332.2% in the fourth quarter. Bank of Montreal Can now owns 62,593 shares of the company’s stock worth $1,325,000 after buying an additional 61,993 shares during the last quarter. Morgan Stanley increased its stake in shares of Korea Electric Power Corp. by 8.5% in the fourth quarter. Morgan Stanley now owns 2,060,785 shares of the company’s stock worth $43,627,000 after buying an additional 161,180 shares during the last quarter. Finally, Comerica Bank increased its stake in shares of Korea Electric Power Corp. by 4.6% in the fourth quarter. Comerica Bank now owns 69,030 shares of the company’s stock worth $1,426,000 after buying an additional 3,032 shares during the last quarter.

Korea Electric Power Corporation (KEPCO) is an integrated electric utility company engaged in the transmission and distribution of electricity in the Republic of Korea. Its segments include transmission and distribution, nuclear power generation and thermal power generation and all others. The transmission and distribution segment, which is operated by KEPCO, comprise operations related to the transmission, distribution and sale to end-users of electricity purchased from its generation subsidiaries, as well as from independent power producers.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.