Landscape Capital Management L.L.C. Has $1.28 Million Stock Holdings in SK Telecom Co., Ltd. (NYSE:SKM)

Landscape Capital Management L.L.C. increased its position in SK Telecom Co., Ltd. (NYSE:SKM) by 41.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 60,967 shares of the Wireless communications provider’s stock after buying an additional 17,984 shares during the quarter. Landscape Capital Management L.L.C.’s holdings in SK Telecom were worth $1,283,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. Robeco Institutional Asset Management B.V. grew its stake in shares of SK Telecom by 24.8% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 2,938,528 shares of the Wireless communications provider’s stock worth $61,827,000 after purchasing an additional 583,519 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its holdings in SK Telecom by 9.2% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,595,390 shares of the Wireless communications provider’s stock worth $33,567,000 after buying an additional 133,742 shares during the period. Raymond James Financial Inc. bought a new stake in shares of SK Telecom in the 4th quarter valued at about $1,879,000. O Shaughnessy Asset Management LLC increased its stake in shares of SK Telecom by 41.8% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 289,356 shares of the Wireless communications provider’s stock valued at $6,088,000 after buying an additional 85,278 shares during the period. Finally, Natixis Advisors LLC raised its position in shares of SK Telecom by 77.2% during the fourth quarter. Natixis Advisors LLC now owns 172,199 shares of the Wireless communications provider’s stock worth $3,623,000 after acquiring an additional 75,043 shares during the last quarter.

SK Telecom Trading Down 2.2 %

Shares of SKM stock opened at $21.15 on Friday. 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 debt-to-equity ratio of 0.48, a quick ratio of 0.88 and a current ratio of 0.91. The stock has a 50 day simple moving average of $21.65 and a two-hundred day simple moving average of $22.21. The company has a market cap of $8.33 billion, a P/E ratio of 8.63, a PEG ratio of 1.27 and a beta of 0.77.

SK Telecom (NYSE:SKM) last released its earnings results on Wednesday, February 12th. The Wireless communications provider reported $0.63 earnings per share (EPS) for the quarter. SK Telecom had a net margin of 7.26% and a return on equity of 10.39%. Research analysts forecast that SK Telecom Co., Ltd. will post 2.27 earnings per share for the current year.

Wall Street Analyst Weigh In

SKM has been the subject of a number of recent analyst reports. StockNews.com downgraded shares of SK Telecom from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, March 12th. The Goldman Sachs Group cut shares of SK Telecom from a “buy” rating to a “neutral” rating in a research report on Monday, March 3rd. Finally, UBS Group began coverage on shares of SK Telecom in a report on Wednesday, February 19th. They issued a “buy” rating on the stock. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, SK Telecom currently has an average rating of “Hold”.

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.