Boston Common Asset Management LLC Sells 224,394 Shares of SK Telecom Co., Ltd. (NYSE:SKM)

Boston Common Asset Management LLC lessened its position in shares of SK Telecom Co., Ltd. (NYSE:SKM) by 51.0% in the 4th quarter, HoldingsChannel reports. The fund owned 215,757 shares of the Wireless communications provider’s stock after selling 224,394 shares during the period. Boston Common Asset Management LLC’s holdings in SK Telecom were worth $4,540,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. American Century Companies Inc. increased its position in shares of SK Telecom by 22.7% during the second quarter. American Century Companies Inc. now owns 55,161 shares of the Wireless communications provider’s stock worth $1,155,000 after purchasing an additional 10,209 shares in the last quarter. DekaBank Deutsche Girozentrale increased its position in SK Telecom by 2.7% during the 2nd quarter. DekaBank Deutsche Girozentrale now owns 85,690 shares of the Wireless communications provider’s stock valued at $1,727,000 after buying an additional 2,240 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in SK Telecom by 64.2% in the second quarter. Dimensional Fund Advisors LP now owns 62,780 shares of the Wireless communications provider’s stock valued at $1,314,000 after buying an additional 24,538 shares during the last quarter. Vanguard Personalized Indexing Management LLC boosted its holdings in SK Telecom by 40.4% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 51,122 shares of the Wireless communications provider’s stock worth $1,070,000 after acquiring an additional 14,701 shares in the last quarter. Finally, Hsbc Holdings PLC grew its stake in shares of SK Telecom by 20.0% during the second quarter. Hsbc Holdings PLC now owns 38,321 shares of the Wireless communications provider’s stock worth $802,000 after acquiring an additional 6,380 shares during the last quarter.

SK Telecom Stock Up 1.2 %

NYSE:SKM opened at $21.41 on Friday. The company has a current ratio of 0.91, a quick ratio of 0.88 and a debt-to-equity ratio of 0.48. SK Telecom Co., Ltd. has a 12 month low of $19.88 and a 12 month high of $24.58. The firm has a fifty day simple moving average of $22.08 and a 200-day simple moving average of $22.50.

Wall Street Analyst Weigh In

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

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.