Kathmere Capital Management LLC Sells 19,227 Shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK)

Kathmere Capital Management LLC lowered its position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) by 57.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 14,206 shares of the utilities provider’s stock after selling 19,227 shares during the period. Kathmere Capital Management LLC’s holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk were worth $266,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also modified their holdings of the company. True Wealth Design LLC grew its position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 4.9% in the 4th quarter. True Wealth Design LLC now owns 30,371 shares of the utilities provider’s stock valued at $782,000 after acquiring an additional 1,409 shares during the last quarter. PNC Financial Services Group Inc. lifted its holdings 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 buying an additional 1,367 shares in the last quarter. CWM LLC grew its stake in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 24.4% in the 1st quarter. CWM LLC now owns 3,130 shares of the utilities provider’s stock worth $70,000 after acquiring an additional 613 shares in the last quarter. Mather Group LLC. purchased a new position in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk during the first quarter worth approximately $40,000. Finally, DGS Capital Management LLC increased its holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 91.5% during the 1st quarter. DGS Capital Management LLC now owns 28,400 shares of the utilities provider’s stock worth $632,000 after purchasing an additional 13,566 shares during the period.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Stock Down 2.1 %

Shares of NYSE:TLK opened at $20.23 on Monday. Perusahaan Perseroan has a 1 year low of $16.62 and a 1 year high of $26.85. The company has a quick ratio of 0.65, a current ratio of 0.66 and a debt-to-equity ratio of 0.16. The business’s 50-day moving average is $19.22 and its 200 day moving average is $19.55.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) last announced its quarterly earnings data on Monday, July 29th. The utilities provider reported $0.36 earnings per share for the quarter. Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk had a return on equity of 15.39% and a net margin of 15.65%. The business had revenue of $2.35 billion for the quarter. On average, analysts anticipate that Perusahaan Perseroan will post 1.69 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk from a “hold” rating to a “buy” rating in a research note on Tuesday, September 24th.

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.