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

PNC Financial Services Group Inc. decreased its position in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) by 5.4% during the 4th quarter, HoldingsChannel.com reports. 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 reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Generali Investments CEE investicni spolecnost a.s. acquired a new stake in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk in the 4th quarter valued at $392,000. Bank Julius Baer & Co. Ltd Zurich bought a new stake in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk during the 4th quarter worth $531,000. Raymond James Financial Inc. acquired a new stake in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk in the fourth quarter valued at about $707,000. Victory Capital Management Inc. bought a new position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk in the fourth quarter valued at about $544,000. Finally, SBI Securities Co. Ltd. acquired a new position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk during the fourth quarter worth about $53,000.

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

TLK stock opened at $14.36 on Friday. The stock has a market capitalization of $14.22 billion, a P/E ratio of 9.97, a price-to-earnings-growth 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 has a 50-day moving average price of $15.70 and a 200-day moving average price of $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 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.