Natixis Advisors LLC grew its holdings in shares of SK Telecom Co., Ltd. (NYSE:SKM - Free Report) by 36.9% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 97,156 shares of the Wireless communications provider's stock after purchasing an additional 26,206 shares during the quarter. Natixis Advisors LLC's holdings in SK Telecom were worth $2,309,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors have also recently made changes to their positions in the business. Dimensional Fund Advisors LP increased its position in SK Telecom by 64.2% in the second quarter. Dimensional Fund Advisors LP now owns 62,780 shares of the Wireless communications provider's stock worth $1,314,000 after buying an additional 24,538 shares in the last quarter. Simplicity Wealth LLC grew its holdings in SK Telecom by 14.3% during the 2nd quarter. Simplicity Wealth LLC now owns 22,643 shares of the Wireless communications provider's stock valued at $474,000 after buying an additional 2,827 shares in the last quarter. QRG Capital Management Inc. raised its position in shares of SK Telecom by 100.8% during the third quarter. QRG Capital Management Inc. now owns 48,004 shares of the Wireless communications provider's stock valued at $1,141,000 after buying an additional 24,103 shares during the last quarter. Robeco Institutional Asset Management B.V. lifted its holdings in shares of SK Telecom by 4.4% in the third quarter. Robeco Institutional Asset Management B.V. now owns 2,355,009 shares of the Wireless communications provider's stock worth $55,979,000 after buying an additional 98,323 shares in the last quarter. Finally, Teachers Retirement System of The State of Kentucky bought a new position in shares of SK Telecom during the first quarter worth $3,364,000.
Analyst Upgrades and Downgrades
Separately, StockNews.com upgraded shares of SK Telecom from a "buy" rating to a "strong-buy" rating in a report on Saturday, November 16th.
Check Out Our Latest Stock Report on SK Telecom
SK Telecom Stock Up 0.1 %
NYSE SKM traded up $0.03 during trading on Monday, hitting $22.81. 296,555 shares of the stock traded hands, compared to its average volume of 268,322. SK Telecom Co., Ltd. has a 12-month low of $19.88 and a 12-month high of $24.58. The firm has a 50-day simple moving average of $23.08 and a 200-day simple moving average of $22.26. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.95 and a current ratio of 0.98.
About SK Telecom
(
Free Report)
SK Telecom Co, Ltd. provides wireless telecommunication services in South Korea. The company operates through three segments: Cellular Services, Fixed-Line Telecommunications Services, and Other Businesses. The Cellular Services segment offers wireless voice and data transmission, Internet of Things solutions, platform, cloud, smart factory solutions, subscription, advertising and curated shopping under T Deal brand name, and metaverse platform-based services, as well as sells wireless devices.
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