Oppenheimer Asset Management Inc. Sells 17,164 Shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK)

Oppenheimer Asset Management Inc. lowered its position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) by 16.0% in the 4th quarter, Holdings Channel reports. The firm owned 90,363 shares of the utilities provider’s stock after selling 17,164 shares during the quarter. 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 have also modified their holdings of TLK. GAMMA Investing LLC lifted its stake in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 74.5% during the 4th quarter. GAMMA Investing LLC now owns 1,506 shares of the utilities provider’s stock worth $25,000 after acquiring an additional 643 shares during the last quarter. TD Private Client Wealth LLC increased its stake in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 31.4% in the third quarter. TD Private Client Wealth LLC now owns 4,870 shares of the utilities provider’s stock worth $96,000 after purchasing an additional 1,165 shares during the period. Blue Trust Inc. lifted its position in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 74.0% during the fourth quarter. Blue Trust Inc. now owns 7,315 shares of the utilities provider’s stock worth $120,000 after purchasing an additional 3,110 shares during the last quarter. Orion Portfolio Solutions LLC boosted its stake in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 24.6% during the third quarter. Orion Portfolio Solutions LLC now owns 12,660 shares of the utilities provider’s stock valued at $250,000 after purchasing an additional 2,497 shares during the period. Finally, Caprock Group LLC bought a new position in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk in the third quarter worth about $253,000.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Trading Up 1.1 %

Shares of TLK opened at $14.68 on Tuesday. The firm has a market capitalization of $14.54 billion, a price-to-earnings ratio of 10.19, a PEG ratio of 2.18 and a beta of 0.77. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.70 and a quick ratio of 0.69. Perusahaan Perseroan has a 1-year low of $14.16 and a 1-year high of $25.40. The company has a 50-day moving average of $16.10 and a 200 day moving average of $17.57.

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.