Quantinno Capital Management LP grew its position in shares of SK Telecom Co., Ltd. (NYSE:SKM - Free Report) by 92.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 51,828 shares of the Wireless communications provider's stock after acquiring an additional 24,857 shares during the quarter. Quantinno Capital Management LP's holdings in SK Telecom were worth $1,232,000 at the end of the most recent quarter.
Other large investors also recently modified their holdings of the company. GAMMA Investing LLC raised its stake in shares of SK Telecom by 27.8% in the 3rd quarter. GAMMA Investing LLC now owns 2,246 shares of the Wireless communications provider's stock valued at $53,000 after acquiring an additional 488 shares during the period. Assetmark Inc. increased its holdings in SK Telecom by 57.6% in the 3rd quarter. Assetmark Inc. now owns 2,949 shares of the Wireless communications provider's stock valued at $70,000 after purchasing an additional 1,078 shares in the last quarter. EverSource Wealth Advisors LLC raised its position in SK Telecom by 24.3% in the second quarter. EverSource Wealth Advisors LLC now owns 3,334 shares of the Wireless communications provider's stock valued at $75,000 after purchasing an additional 652 shares during the period. Ariadne Wealth Management LP acquired a new position in shares of SK Telecom during the second quarter worth about $127,000. Finally, PDS Planning Inc purchased a new stake in shares of SK Telecom in the third quarter worth about $200,000.
SK Telecom Stock Performance
Shares of NYSE SKM traded up $0.34 during trading on Friday, reaching $22.19. 186,330 shares of the stock were exchanged, compared to its average volume of 269,818. The business's 50-day moving average price is $22.81 and its 200 day moving average price is $22.41. The company has a current ratio of 0.97, a quick ratio of 0.94 and a debt-to-equity ratio of 0.53. SK Telecom Co., Ltd. has a twelve month low of $19.88 and a twelve month high of $24.58.
Analyst Ratings Changes
Separately, StockNews.com upgraded SK Telecom from a "buy" rating to a "strong-buy" rating in a report on Saturday, November 16th.
Get Our Latest Stock Report on SKM
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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