Landscape Capital Management L.L.C. Invests $1.02 Million in SK Telecom Co., Ltd. (NYSE:SKM)

Landscape Capital Management L.L.C. acquired a new stake in SK Telecom Co., Ltd. (NYSE:SKM) in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund acquired 42,983 shares of the Wireless communications provider’s stock, valued at approximately $1,022,000.

A number of other institutional investors also recently modified their holdings of SKM. GAMMA Investing LLC increased its stake 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 valued at $53,000 after purchasing an additional 488 shares in the last quarter. EverSource Wealth Advisors LLC increased its position in SK Telecom by 104.7% in the 1st quarter. EverSource Wealth Advisors LLC now owns 2,682 shares of the Wireless communications provider’s stock valued at $55,000 after buying an additional 1,372 shares in the last quarter. Assetmark Inc. increased its position 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 buying an additional 1,078 shares in the last quarter. Ariadne Wealth Management LP acquired a new position in SK Telecom during the 2nd quarter worth approximately $127,000. Finally, D Orazio & Associates Inc. bought a new position in SK Telecom in the third quarter worth approximately $200,000.

Analysts Set New Price Targets

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

SK Telecom Price Performance

Shares of NYSE SKM opened at $22.78 on Friday. The company has a current ratio of 0.98, a quick ratio of 0.95 and a debt-to-equity ratio of 0.60. The company has a 50-day moving average price of $23.11 and a 200-day moving average price of $22.23. SK Telecom Co., Ltd. has a 1 year low of $19.88 and a 1 year high of $24.58.

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.