Northern Trust Corp lowered its stake in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK - Free Report) by 7.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 414,861 shares of the utilities provider's stock after selling 32,363 shares during the quarter. Northern Trust Corp's holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk were worth $6,824,000 at the end of the most recent quarter.
Other hedge funds have also recently bought and sold shares of the company. EverSource Wealth Advisors LLC increased its stake in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 49.8% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,992 shares of the utilities provider's stock valued at $33,000 after purchasing an additional 662 shares during the last quarter. SBI Securities Co. Ltd. bought a new position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk during the fourth quarter valued at approximately $53,000. Blue Trust Inc. raised its position in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 74.0% in the fourth 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 period. Sequoia Financial Advisors LLC bought a new position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk during the fourth quarter worth $185,000. Finally, First Affirmative Financial Network boosted its stake in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 7.6% during the fourth quarter. First Affirmative Financial Network now owns 13,720 shares of the utilities provider's stock worth $226,000 after buying an additional 972 shares in the last quarter.
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Stock Performance
NYSE:TLK opened at $17.12 on Tuesday. The firm has a 50 day moving average of $15.08 and a 200-day moving average of $15.87. The stock has a market capitalization of $16.96 billion, a P/E ratio of 11.89, a price-to-earnings-growth ratio of 2.18 and a beta of 0.56. The company has a current ratio of 0.70, a quick ratio of 0.69 and a debt-to-equity ratio of 0.14. Perusahaan Perseroan has a 1 year low of $13.15 and a 1 year high of $21.00.
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Company Profile
(
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.
See Also
Want to see what other hedge funds are holding TLK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK - Free Report).
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk wasn't on the list.
While Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are likely to thrive in today's challenging market? Enter your email address and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
