D. E. Shaw & Co. Inc. reduced its holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK - Free Report) by 52.3% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 55,377 shares of the utilities provider's stock after selling 60,787 shares during the period. D. E. Shaw & Co. Inc.'s holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk were worth $911,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds have also made changes to their positions in TLK. EverSource Wealth Advisors LLC raised its stake in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 49.8% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,992 shares of the utilities provider's stock valued at $33,000 after acquiring an additional 662 shares during the period. First Affirmative Financial Network grew its holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 7.6% during the 4th quarter. First Affirmative Financial Network now owns 13,720 shares of the utilities provider's stock valued at $226,000 after purchasing an additional 972 shares during the last quarter. Blue Trust Inc. grew its holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 74.0% during the 4th quarter. Blue Trust Inc. now owns 7,315 shares of the utilities provider's stock valued at $120,000 after purchasing an additional 3,110 shares during the last quarter. SBI Securities Co. Ltd. purchased a new stake in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk in the 4th quarter worth about $53,000. Finally, Ballentine Partners LLC lifted its stake in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 50.9% in the fourth quarter. Ballentine Partners LLC now owns 16,358 shares of the utilities provider's stock worth $269,000 after purchasing an additional 5,517 shares during the last quarter.
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Trading Up 0.2%
Shares of NYSE:TLK traded up $0.04 during trading hours on Thursday, hitting $17.19. 467,386 shares of the company's stock traded hands, compared to its average volume of 572,041. The firm has a market capitalization of $17.03 billion, a P/E ratio of 11.94, a price-to-earnings-growth ratio of 2.18 and a beta of 0.56. The business has a fifty day moving average price of $15.45 and a 200-day moving average price of $15.86. Perusahaan Perseroan has a 1 year low of $13.15 and a 1 year high of $21.00. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.70 and a quick ratio of 0.69.
About Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk
(
Free Report)
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk provides information and communications technology, and telecommunications network services worldwide. The company operates through mobile, consumer, enterprise, Wholesale and International Business, and Other segments. The Mobile segment offers mobile voice, SMS, value added services, and mobile broadband services.
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