Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) Shares Sold by Wells Fargo & Company MN

Wells Fargo & Company MN reduced its stake in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK - Free Report) by 19.7% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 191,843 shares of the utilities provider's stock after selling 47,135 shares during the period. Wells Fargo & Company MN's holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk were worth $3,156,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in TLK. Allspring Global Investments Holdings LLC raised its stake in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 2.2% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 4,521,500 shares of the utilities provider's stock valued at $74,966,000 after purchasing an additional 98,552 shares during the last quarter. American Century Companies Inc. boosted its stake 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 purchasing an additional 44,907 shares during the period. Northcape Capital Pty Ltd increased its stake in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 17.2% during the 4th quarter. Northcape Capital Pty Ltd now owns 529,865 shares of the utilities provider's stock worth $8,716,000 after buying an additional 77,655 shares during the period. Haven Global Partners LLC purchased a new stake in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk during the 4th quarter worth $3,291,000. Finally, Norges Bank purchased a new stake in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk during the 4th quarter worth $2,270,000.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Stock Up 1.4 %

Shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk stock traded up $0.22 during trading on Tuesday, reaching $15.54. The company had a trading volume of 301,021 shares, compared to its average volume of 566,938. The company has a market cap of $15.39 billion, a price-to-earnings ratio of 10.79, a price-to-earnings-growth ratio of 2.18 and a beta of 0.62. The firm's fifty day moving average is $14.84 and its 200-day moving average is $16.14. 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 has a fifty-two week low of $13.15 and a fifty-two week high of $21.00.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Company Profile

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.