Crossmark Global Holdings Inc. Has $1.25 Million Stock Position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK)

Crossmark Global Holdings Inc. cut its holdings in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLKFree Report) by 2.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 48,515 shares of the utilities provider’s stock after selling 993 shares during the period. Crossmark Global Holdings Inc.’s holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk were worth $1,250,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. Natixis Advisors L.P. lifted its position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 39.1% during the 4th quarter. Natixis Advisors L.P. now owns 358,525 shares of the utilities provider’s stock valued at $9,234,000 after purchasing an additional 100,757 shares during the period. American Century Companies Inc. lifted its position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 14.7% during the 3rd quarter. American Century Companies Inc. now owns 372,213 shares of the utilities provider’s stock valued at $8,970,000 after purchasing an additional 47,788 shares during the period. Citigroup Inc. lifted its position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 44.9% during the 3rd quarter. Citigroup Inc. now owns 221,001 shares of the utilities provider’s stock valued at $5,326,000 after purchasing an additional 68,438 shares during the period. US Bancorp DE lifted its position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 10.4% during the 4th quarter. US Bancorp DE now owns 133,737 shares of the utilities provider’s stock valued at $3,445,000 after purchasing an additional 12,583 shares during the period. Finally, PNC Financial Services Group Inc. lifted its position in 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 valued at $688,000 after purchasing an additional 1,367 shares during the period.

Wall Street Analyst Weigh In

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.

Read Our Latest Stock Analysis on TLK

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Stock Down 0.8 %

Shares of NYSE:TLK opened at $18.57 on Monday. The firm’s 50 day simple moving average is $19.47 and its 200 day simple moving average is $23.20. The company has a current ratio of 0.87, a quick ratio of 0.85 and a debt-to-equity ratio of 0.16. Perusahaan Perseroan has a fifty-two week low of $17.38 and a fifty-two week high of $28.26.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLKGet Free Report) last announced its quarterly earnings results on Thursday, April 18th. The utilities provider reported $0.37 earnings per share for the quarter. Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk had a net margin of 16.12% and a return on equity of 15.72%. The business had revenue of $2.25 billion for the quarter. On average, equities research analysts anticipate that Perusahaan Perseroan will post 1.72 earnings per share for the current fiscal year.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Cuts Dividend

The firm also recently announced an annual dividend, which will be paid on Monday, June 17th. Investors of record on Monday, May 20th will be paid a dividend of $1.1116 per share. The ex-dividend date is Friday, May 17th. This represents a yield of 8.8%. Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk’s payout ratio is 52.17%.

About Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk

(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.

See Also

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

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