Green Alpha Advisors LLC Has $1.12 Million Position in SK Telecom Co., Ltd. (NYSE:SKM)

Green Alpha Advisors LLC grew its holdings in SK Telecom Co., Ltd. (NYSE:SKM) by 3.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 52,996 shares of the Wireless communications provider’s stock after purchasing an additional 1,706 shares during the quarter. Green Alpha Advisors LLC’s holdings in SK Telecom were worth $1,115,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in the business. GAMMA Investing LLC increased its holdings in SK Telecom by 27.8% in the third quarter. GAMMA Investing LLC now owns 2,246 shares of the Wireless communications provider’s stock worth $53,000 after purchasing an additional 488 shares in the last quarter. Assetmark Inc. increased its stake in shares of 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 acquiring an additional 1,078 shares in the last quarter. EverSource Wealth Advisors LLC lifted its position in shares of SK Telecom by 24.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,334 shares of the Wireless communications provider’s stock valued at $75,000 after acquiring an additional 652 shares during the period. Ariadne Wealth Management LP bought a new position in SK Telecom during the second quarter worth $127,000. Finally, D Orazio & Associates Inc. acquired a new stake in SK Telecom in the third quarter worth $200,000.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of SK Telecom from a “buy” rating to a “strong-buy” rating in a report on Saturday, November 16th.

SK Telecom Trading Down 1.6 %

NYSE SKM opened at $20.90 on Monday. The company has a quick ratio of 0.94, a current ratio of 0.91 and a debt-to-equity ratio of 0.48. SK Telecom Co., Ltd. has a 52 week low of $19.88 and a 52 week high of $24.58. The business has a 50 day moving average price of $22.21 and a 200-day moving average price of $22.51. The company has a market cap of $9.23 billion, a price-to-earnings ratio of 9.68, a P/E/G ratio of 2.11 and a beta of 0.80.

SK Telecom Profile

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.