Signaturefd LLC Sells 2,155 Shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK)

Signaturefd LLC reduced its stake in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) by 18.7% during the 3rd quarter, Holdings Channel.com reports. The firm owned 9,399 shares of the utilities provider’s stock after selling 2,155 shares during the quarter. Signaturefd LLC’s holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk were worth $186,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of TLK. UMB Bank n.a. lifted its holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 88.9% during the 2nd quarter. UMB Bank n.a. now owns 1,402 shares of the utilities provider’s stock worth $26,000 after buying an additional 660 shares in the last quarter. BNP Paribas Financial Markets lifted its stake in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 17.4% during the first quarter. BNP Paribas Financial Markets now owns 6,814 shares of the utilities provider’s stock valued at $152,000 after acquiring an additional 1,011 shares during the period. Ascent Group LLC bought a new position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk in the first quarter valued at about $210,000. First Affirmative Financial Network acquired a new stake in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk in the third quarter worth about $252,000. Finally, Ballentine Partners LLC raised its holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 13.7% during the 2nd quarter. Ballentine Partners LLC now owns 12,971 shares of the utilities provider’s stock worth $243,000 after purchasing an additional 1,560 shares during the last quarter.

Analyst Ratings Changes

Separately, StockNews.com raised shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk from a “hold” rating to a “buy” rating in a research note on Friday, October 4th.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Price Performance

TLK opened at $18.48 on Monday. The company has a fifty day moving average price of $19.52 and a two-hundred day moving average price of $18.99. The firm has a market capitalization of $16.64 billion, a PE ratio of 11.48, a P/E/G ratio of 1.79 and a beta of 0.77. Perusahaan Perseroan has a 52 week low of $16.62 and a 52 week high of $26.85. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.65 and a current ratio of 0.66.

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 EPS for the quarter. The business had revenue of $2.35 billion during the quarter. Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk had a return on equity of 15.39% and a net margin of 15.65%. As a group, analysts anticipate that Perusahaan Perseroan will post 1.65 earnings per share for the current year.

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.