GAMMA Investing LLC Grows Holdings in SK Telecom Co., Ltd. (NYSE:SKM)

GAMMA Investing LLC boosted its holdings in SK Telecom Co., Ltd. (NYSE:SKM) by 34.4% in the 4th quarter, HoldingsChannel.com reports. The firm owned 3,019 shares of the Wireless communications provider’s stock after buying an additional 773 shares during the quarter. GAMMA Investing LLC’s holdings in SK Telecom were worth $64,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in SKM. Natixis Advisors LLC raised its position in shares of SK Telecom by 36.9% in the 3rd quarter. Natixis Advisors LLC now owns 97,156 shares of the Wireless communications provider’s stock worth $2,309,000 after buying an additional 26,206 shares during the period. Dimensional Fund Advisors LP increased its holdings in SK Telecom by 64.2% during the 2nd quarter. Dimensional Fund Advisors LP now owns 62,780 shares of the Wireless communications provider’s stock worth $1,314,000 after purchasing an additional 24,538 shares during the last quarter. Robeco Institutional Asset Management B.V. grew its stake in 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 purchasing an additional 98,323 shares in the last quarter. QRG Capital Management Inc. boosted its holdings in shares of SK Telecom by 100.8% in the 3rd 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 period. Finally, Vanguard Personalized Indexing Management LLC grew its stake in SK Telecom by 40.4% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 51,122 shares of the Wireless communications provider’s stock worth $1,070,000 after buying an additional 14,701 shares during the last quarter.

Analyst Ratings Changes

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

SK Telecom Stock Performance

SKM stock opened at $20.90 on Monday. The company has a 50-day simple moving average of $22.21 and a 200 day simple moving average of $22.51. The company has a market capitalization of $9.23 billion, a P/E ratio of 9.68, a PEG ratio of 2.11 and a beta of 0.80. SK Telecom Co., Ltd. has a fifty-two week low of $19.88 and a fifty-two week high of $24.58. 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 Company 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.