HighTower Advisors LLC Lowers Stake in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK)

HighTower Advisors LLC lowered its stake in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) by 5.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,240 shares of the utilities provider’s stock after selling 974 shares during the period. HighTower Advisors LLC’s holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk were worth $267,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. GAMMA Investing LLC raised its holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 74.5% in the 4th quarter. GAMMA Investing LLC now owns 1,506 shares of the utilities provider’s stock valued at $25,000 after buying an additional 643 shares during the period. SBI Securities Co. Ltd. purchased a new position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk in the fourth quarter worth approximately $53,000. TD Private Client Wealth LLC grew its holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 31.4% during the 3rd quarter. TD Private Client Wealth LLC now owns 4,870 shares of the utilities provider’s stock worth $96,000 after acquiring an additional 1,165 shares in the last quarter. Blue Trust Inc. increased its position in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 74.0% in the 4th 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 last quarter. Finally, Orion Portfolio Solutions LLC raised its holdings in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 24.6% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 12,660 shares of the utilities provider’s stock valued at $250,000 after purchasing an additional 2,497 shares in the last quarter.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Trading Down 0.1 %

TLK opened at $14.86 on Thursday. 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 one year low of $13.88 and a one year high of $21.64. The company has a market cap of $14.72 billion, a P/E ratio of 10.32, a PEG ratio of 2.18 and a beta of 0.76. The business’s 50-day simple moving average is $15.36 and its 200-day simple moving average is $16.86.

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.