Lindbrook Capital LLC lessened its stake in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK – Free Report) by 77.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,716 shares of the utilities provider’s stock after selling 5,904 shares during the quarter. Lindbrook Capital LLC’s holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk were worth $44,000 at the end of the most recent reporting period.
Several other institutional investors have also modified their holdings of TLK. KLR Investment Advisors LLC purchased a new stake in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk in the 3rd quarter valued at $183,000. NewEdge Wealth LLC purchased a new stake in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk in the 4th quarter valued at $204,000. Ballentine Partners LLC raised its position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 9.2% in the 3rd quarter. Ballentine Partners LLC now owns 8,594 shares of the utilities provider’s stock valued at $207,000 after purchasing an additional 723 shares during the last quarter. Janiczek Wealth Management LLC raised its position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 4.6% in the 4th quarter. Janiczek Wealth Management LLC now owns 9,473 shares of the utilities provider’s stock valued at $244,000 after purchasing an additional 413 shares during the last quarter. Finally, BSW Wealth Partners purchased a new stake in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk in the 4th quarter valued at $247,000.
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Price Performance
Shares of TLK opened at $18.86 on Friday. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.87 and a quick ratio of 0.85. The company’s fifty day moving average is $23.31 and its two-hundred day moving average is $24.14. Perusahaan Perseroan has a 1 year low of $18.74 and a 1 year high of $29.44.
Wall Street Analysts Forecast Growth
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, April 20th.
Check Out Our Latest Stock Report on Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Company 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.
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