19,273 shares of SK Telecom Co., Ltd (NYSE: SKM) purchased by Aaron Wealth Advisors LLC
Aaron Wealth Advisors LLC purchased a new stake in shares of SK Telecom Co., Ltd (NYSE: SKM – Get Rating) during Q1, according to the company in its latest SEC filing. The fund bought 19,273 shares of the wireless communications provider, valued at around $752,000.
Several other large investors have also increased or reduced their stake in the company. Investors Research Corp increased its stake in SK Telecom Co., Ltd. by 52.9% during the 1st quarter. Investors Research Corp now owns 1,576 shares of the wireless communications provider valued at $40,000 after buying an additional 545 shares in the last quarter. Natixis Advisors LP increased its stake in SK Telecom Co., Ltd by 52.3% in the 4th quarter. Natixis Advisors LP now owns 21,582 shares of the wireless communications provider valued at $576,000 after buying an additional 7,414 shares in the last quarter. Scotia Capital Inc. acquired a new stake in SK Telecom Co., Ltd. during Q1 valued at approximately $208,000. B. Metzler seel. Sohn & Co. AG purchased a new equity stake in SK Telecom Co., Ltd in the first quarter worth approximately $210,000. Finally, Green Alpha Advisors LLC increased its stake in shares of SK Telecom Co., Ltd by 53.8% in the first quarter. Green Alpha Advisors LLC now owns 25,381 shares of the wireless communications provider worth $651,000 after buying 8,876 additional shares in the last quarter. Hedge funds and other institutional investors hold 3.66% of the company’s shares.
SK Telecom Co., Ltd shares fall 0.7%
Shares of SKM opened at $21.16 on Friday. SK Telecom Co.,Ltd has a 52 week low of $21.03 and a 52 week high of $48.47. The company has a quick ratio of 0.91, a current ratio of 0.94 and a debt ratio of 0.61. The company has a market capitalization of $9.34 billion, a price-earnings ratio of 10.38 and a beta of 0.73. The stock’s 50-day moving average price is $22.57 and its 200-day moving average price is $24.68.
Analyst upgrades and downgrades
Separately, StockNews.com downgraded SK Telecom Co., Ltd from a “buy” rating to a “hold” rating in a Thursday, August 11 research rating.
SK Telecom Co., Ltd Company Profile
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SK Telecom Co, Ltd. provides wireless telecommunications services in South Korea. The Company operates through three segments: cellular services, fixed 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 and metaverse platform-based services , as well as the sale of wireless devices.
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