Oppenheimer Asset Management Inc. Has $1.49 Million Stock Holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK)

Oppenheimer Asset Management Inc. lowered its stake in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK - Free Report) by 16.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 90,363 shares of the utilities provider's stock after selling 17,164 shares during the period. Oppenheimer Asset Management Inc.'s holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk were worth $1,486,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the stock. Van ECK Associates Corp boosted its stake in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 127.3% during the 3rd quarter. Van ECK Associates Corp now owns 198,504 shares of the utilities provider's stock worth $3,710,000 after acquiring an additional 111,162 shares during the period. Sanctuary Advisors LLC raised its position in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 31.1% in the third quarter. Sanctuary Advisors LLC now owns 42,484 shares of the utilities provider's stock valued at $840,000 after purchasing an additional 10,070 shares during the period. Northcape Capital Pty Ltd raised its position in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 17.2% in the fourth 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 in the last quarter. Haven Global Partners LLC acquired a new stake in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk during the fourth quarter worth approximately $3,291,000. Finally, Allspring Global Investments Holdings LLC raised its holdings 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 acquiring an additional 98,552 shares in the last quarter.

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Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Price Performance

Shares of TLK traded down $0.02 during trading hours on Friday, hitting $15.14. 918,587 shares of the company were exchanged, compared to its average volume of 695,075. The company has a market cap of $14.99 billion, a price-to-earnings ratio of 10.51, a P/E/G ratio of 2.18 and a beta of 0.77. The firm's fifty day moving average is $16.03 and its 200 day moving average is $17.51. Perusahaan Perseroan has a fifty-two week low of $14.16 and a fifty-two week high of $25.40. The company has a quick ratio of 0.69, a current ratio of 0.70 and a debt-to-equity ratio of 0.14.

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.