Pacer Advisors Inc. Grows Holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK)

Pacer Advisors Inc. grew its stake in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLKFree Report) by 46.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 46,122 shares of the utilities provider’s stock after purchasing an additional 14,683 shares during the quarter. Pacer Advisors Inc.’s holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk were worth $1,188,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in TLK. HighTower Advisors LLC grew its position in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 3.8% during the 1st quarter. HighTower Advisors LLC now owns 9,738 shares of the utilities provider’s stock worth $312,000 after buying an additional 354 shares in the last quarter. BNP Paribas Arbitrage SNC increased its position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 6.9% during the 3rd quarter. BNP Paribas Arbitrage SNC now owns 6,316 shares of the utilities provider’s stock valued at $182,000 after purchasing an additional 406 shares during the period. BNP Paribas Arbitrage SA raised its holdings in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 120.2% in the 1st quarter. BNP Paribas Arbitrage SA now owns 784 shares of the utilities provider’s stock valued at $25,000 after purchasing an additional 428 shares in the last quarter. Credit Suisse AG lifted its position in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 121.4% in the 3rd quarter. Credit Suisse AG now owns 870 shares of the utilities provider’s stock worth $25,000 after purchasing an additional 477 shares during the period. Finally, Orion Portfolio Solutions LLC boosted its stake in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 0.9% during the second quarter. Orion Portfolio Solutions LLC now owns 58,569 shares of the utilities provider’s stock valued at $1,562,000 after purchasing an additional 498 shares in the last quarter.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk from a “buy” rating to a “hold” rating in a research note on Wednesday, March 27th.

View Our Latest Stock Analysis on TLK

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Price Performance

Shares of NYSE TLK opened at $21.89 on Tuesday. Perusahaan Perseroan has a 1-year low of $21.67 and a 1-year high of $29.58. The business has a fifty day moving average price of $25.17 and a 200 day moving average price of $24.62. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.76 and a current ratio of 0.78.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLKGet Free Report) last released its quarterly earnings results on Friday, March 22nd. The utilities provider reported $0.33 EPS for the quarter. Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk had a net margin of 16.52% and a return on equity of 15.80%. The business had revenue of $2.43 billion during the quarter. Research analysts anticipate that Perusahaan Perseroan will post 1.68 earnings per share for the current fiscal year.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Profile

(Free Report)

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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Institutional Ownership by Quarter for Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK)

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