Summit Global Investments decreased its position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK - Free Report) by 55.3% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 21,769 shares of the utilities provider's stock after selling 26,978 shares during the period. Summit Global Investments' holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk were worth $322,000 at the end of the most recent reporting period.
Several other large investors also recently bought and sold shares of the company. Allspring Global Investments Holdings LLC lifted its position in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 2.2% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 4,521,500 shares of the utilities provider's stock valued at $74,966,000 after acquiring an additional 98,552 shares in the last quarter. Citadel Advisors LLC purchased a new stake in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk in the fourth quarter valued at $16,533,000. Dimensional Fund Advisors LP lifted its position in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 2.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 639,435 shares of the utilities provider's stock valued at $10,518,000 after acquiring an additional 16,915 shares in the last quarter. American Century Companies Inc. lifted its position in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 8.4% in the fourth quarter. American Century Companies Inc. now owns 581,989 shares of the utilities provider's stock valued at $9,574,000 after acquiring an additional 44,907 shares in the last quarter. Finally, Norges Bank purchased a new stake in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk in the fourth quarter valued at $2,270,000.
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Trading Up 0.5%
NYSE TLK traded up $0.10 during trading hours on Thursday, hitting $17.42. 466,935 shares of the company's stock were exchanged, compared to its average volume of 574,284. The business's 50 day moving average is $15.70 and its 200-day moving average is $15.90. Perusahaan Perseroan has a 12-month low of $13.15 and a 12-month high of $21.00. The firm has a market capitalization of $17.25 billion, a P/E ratio of 12.09, a price-to-earnings-growth ratio of 2.18 and a beta of 0.56. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.69 and a current ratio of 0.70.
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Increases Dividend
The firm also recently announced an annual dividend, which will be paid on Monday, June 30th. Investors of record on Thursday, June 12th will be given a dividend of $1.3038 per share. The ex-dividend date of this dividend is Thursday, June 12th. This is an increase from Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk's previous annual dividend of $1.11. This represents a yield of 5.8%. Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk's dividend payout ratio is 56.08%.
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.
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