PNC Financial Services Group Inc. Sells 1,248 Shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK)

PNC Financial Services Group Inc. cut its holdings in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) by 5.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 22,054 shares of the utilities provider’s stock after selling 1,248 shares during the period. PNC Financial Services Group Inc.’s holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk were worth $363,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Atria Investments Inc boosted its stake in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 24.7% in the 3rd quarter. Atria Investments Inc now owns 21,612 shares of the utilities provider’s stock valued at $427,000 after purchasing an additional 4,285 shares during the last quarter. Natixis Advisors LLC lifted its position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 25.7% during the 3rd quarter. Natixis Advisors LLC now owns 358,440 shares of the utilities provider’s stock worth $7,090,000 after buying an additional 73,322 shares in the last quarter. Caprock Group LLC bought a new stake in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk during the third quarter worth $253,000. Citigroup Inc. boosted its stake in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 24.7% during the 3rd quarter. Citigroup Inc. now owns 213,810 shares of the utilities provider’s stock worth $4,229,000 after acquiring an additional 42,304 shares during the period. Finally, Cerity Partners LLC boosted its holdings in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 35.7% during the third quarter. Cerity Partners LLC now owns 21,253 shares of the utilities provider’s stock worth $420,000 after acquiring an additional 5,597 shares during the period.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Stock Down 3.1 %

Shares of TLK opened at $14.36 on Friday. The stock has a market capitalization of $14.22 billion, a PE ratio of 9.97, a P/E/G ratio of 2.18 and a beta of 0.76. 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 firm’s 50 day moving average is $15.70 and its 200-day moving average is $17.20. Perusahaan Perseroan has a 12 month low of $14.16 and a 12 month high of $24.87.

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.