Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) Shares Sold by State of New Jersey Common Pension Fund D

State of New Jersey Common Pension Fund D decreased its holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) by 2.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 278,144 shares of the utilities provider’s stock after selling 6,444 shares during the quarter. State of New Jersey Common Pension Fund D’s holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk were worth $4,575,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. GAMMA Investing LLC boosted its position 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. TD Private Client Wealth LLC increased its position in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 31.4% during the third 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 during the period. Blue Trust Inc. raised its stake in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 74.0% in the fourth 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 in the last quarter. First Affirmative Financial Network boosted its holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 7.6% in the fourth quarter. First Affirmative Financial Network now owns 13,720 shares of the utilities provider’s stock valued at $226,000 after purchasing an additional 972 shares during the period. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new position in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk in the 4th quarter valued at about $247,000.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Stock Performance

Shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk stock opened at $16.11 on Thursday. The business has a 50-day simple moving average of $16.23 and a 200-day simple moving average of $17.70. The company has a market cap of $15.95 billion, a PE ratio of 11.18, a P/E/G ratio of 2.09 and a beta of 0.77. Perusahaan Perseroan has a one year low of $14.16 and a one year high of $26.85. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.69 and a current ratio of 0.70.

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.