Crossmark Global Holdings Inc. decreased its holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK – Free Report) by 15.3% in the second quarter, HoldingsChannel reports. The institutional investor owned 41,843 shares of the utilities provider’s stock after selling 7,548 shares during the period. Crossmark Global Holdings Inc.’s holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk were worth $783,000 at the end of the most recent reporting period.
Other hedge funds also recently made changes to their positions in the company. Natixis Advisors L.P. raised its stake in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 39.1% in the 4th quarter. Natixis Advisors L.P. now owns 358,525 shares of the utilities provider’s stock valued at $9,234,000 after buying an additional 100,757 shares in the last quarter. CWM LLC raised its stake in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 24.4% in the 1st quarter. CWM LLC now owns 3,130 shares of the utilities provider’s stock valued at $70,000 after buying an additional 613 shares in the last quarter. Advisors Asset Management Inc. raised its stake in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 112.3% in the 1st quarter. Advisors Asset Management Inc. now owns 28,092 shares of the utilities provider’s stock valued at $625,000 after buying an additional 14,860 shares in the last quarter. US Bancorp DE raised its stake in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 10.4% in the 4th quarter. US Bancorp DE now owns 133,737 shares of the utilities provider’s stock valued at $3,445,000 after buying an additional 12,583 shares in the last quarter. Finally, PNC Financial Services Group Inc. increased its position in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 5.4% during the 4th quarter. PNC Financial Services Group Inc. now owns 26,717 shares of the utilities provider’s stock worth $688,000 after purchasing an additional 1,367 shares in the last quarter.
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Trading Up 0.7 %
Shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk stock opened at $19.60 on Friday. The company has a current ratio of 0.66, a quick ratio of 0.65 and a debt-to-equity ratio of 0.16. The company has a 50-day simple moving average of $18.72 and a 200 day simple moving average of $20.39. Perusahaan Perseroan has a 12-month low of $16.62 and a 12-month high of $26.85.
Analyst Upgrades and Downgrades
Separately, StockNews.com upgraded shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk from a “hold” rating to a “buy” rating in a research report on Saturday, August 24th.
View Our Latest Stock Analysis on TLK
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.
Read More
- Five stocks we like better than Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk
- What Are Dividends? Buy the Best Dividend Stocks
- Birkenstock’s Sudden Slide—Why It Might Be Your Next Big Win
- How to Effectively Use the MarketBeat Ratings Screener
- Why Dell Can Continue Winning in AI and Beyond
- 3 Best Fintech Stocks for a Portfolio Boost
- Veeva’s Stock Jumps on Stellar Q2 Results—Don’t Miss Out
Want to see what other hedge funds are holding TLK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK – Free Report).
Receive News & Ratings for Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk and related companies with MarketBeat.com's FREE daily email newsletter.