Renaissance Technologies LLC reduced its position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK - Free Report) by 3.7% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 3,766,414 shares of the utilities provider's stock after selling 146,626 shares during the period. Renaissance Technologies LLC owned about 0.38% of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk worth $61,958,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in TLK. GAMMA Investing LLC raised its stake in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 74.5% in the fourth quarter. GAMMA Investing LLC now owns 1,506 shares of the utilities provider's stock worth $25,000 after purchasing an additional 643 shares during the last quarter. EverSource Wealth Advisors LLC increased its holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 49.8% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,992 shares of the utilities provider's stock worth $33,000 after buying an additional 662 shares in the last quarter. SBI Securities Co. Ltd. purchased a new position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk in the 4th quarter worth about $53,000. TD Private Client Wealth LLC lifted its stake 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 valued at $96,000 after acquiring an additional 1,165 shares during the period. Finally, Blue Trust Inc. boosted its holdings in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 74.0% during the 4th quarter. Blue Trust Inc. now owns 7,315 shares of the utilities provider's stock valued at $120,000 after acquiring an additional 3,110 shares during the last quarter.
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Stock Performance
Shares of NYSE TLK traded up $0.04 during midday trading on Tuesday, hitting $14.66. 153,009 shares of the stock traded hands, compared to its average volume of 559,652. The firm has a market capitalization of $14.52 billion, a P/E ratio of 10.18, a PEG ratio of 2.18 and a beta of 0.62. 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 $13.15 and a one year high of $21.00. The firm has a 50-day moving average of $14.88 and a two-hundred day moving average of $16.40.
About Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk
(
Free Report)
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.
Further Reading
Before you consider Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk wasn't on the list.
While Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
