Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) Shares Sold by Sanctuary Advisors LLC

Sanctuary Advisors LLC lessened its holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) by 4.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 40,518 shares of the utilities provider’s stock after selling 1,966 shares during the period. Sanctuary Advisors LLC’s holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk were worth $660,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also modified their holdings of the company. Van ECK Associates Corp lifted its stake in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 127.3% in the 3rd quarter. Van ECK Associates Corp now owns 198,504 shares of the utilities provider’s stock valued at $3,710,000 after purchasing an additional 111,162 shares during the last quarter. Northcape Capital Pty Ltd raised its holdings in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 17.2% in the 4th quarter. Northcape Capital Pty Ltd now owns 529,865 shares of the utilities provider’s stock valued at $8,716,000 after buying an additional 77,655 shares during the period. Haven Global Partners LLC purchased a new stake in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk in the 4th quarter valued at $3,291,000. Allspring Global Investments Holdings LLC raised its holdings in shares of 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 buying an additional 98,552 shares during the period. Finally, DGS Capital Management LLC raised its holdings in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 31.4% in the 4th quarter. DGS Capital Management LLC now owns 75,421 shares of the utilities provider’s stock valued at $1,241,000 after buying an additional 18,035 shares during the period.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Price Performance

TLK stock opened at $14.51 on Friday. The company has a current ratio of 0.70, a quick ratio of 0.69 and a debt-to-equity ratio of 0.14. The company has a market capitalization of $14.37 billion, a PE ratio of 10.07, a P/E/G ratio of 2.18 and a beta of 0.77. Perusahaan Perseroan has a 12-month low of $14.16 and a 12-month high of $25.65. The business’s fifty day moving average price is $16.13 and its 200 day moving average price is $17.60.

About Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk

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.