Summit Global Investments Has $802,000 Stock Position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK)

Summit Global Investments lowered its stake in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) by 15.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 48,747 shares of the utilities provider’s stock after selling 8,684 shares during the period. Summit Global Investments’ holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk were worth $802,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in TLK. Caprock Group LLC acquired a new position in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk during the third quarter valued at about $253,000. Citigroup Inc. raised its holdings in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 24.7% in the 3rd quarter. Citigroup Inc. now owns 213,810 shares of the utilities provider’s stock worth $4,229,000 after acquiring an additional 42,304 shares during the last quarter. Cerity Partners LLC raised its holdings in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 35.7% in the 3rd quarter. Cerity Partners LLC now owns 21,253 shares of the utilities provider’s stock worth $420,000 after acquiring an additional 5,597 shares during the last quarter. Pitcairn Co. raised its holdings in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 17.9% in the 3rd quarter. Pitcairn Co. now owns 23,445 shares of the utilities provider’s stock worth $464,000 after acquiring an additional 3,561 shares during the last quarter. Finally, Bank of Montreal Can raised its holdings in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 19.5% in the 3rd quarter. Bank of Montreal Can now owns 143,556 shares of the utilities provider’s stock worth $2,904,000 after acquiring an additional 23,467 shares during the last quarter.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Trading Down 0.9 %

TLK opened at $14.22 on Monday. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.70 and a quick ratio of 0.69. Perusahaan Perseroan has a fifty-two week low of $13.99 and a fifty-two week high of $23.80. The firm has a market capitalization of $14.08 billion, a PE ratio of 9.87, a P/E/G ratio of 2.18 and a beta of 0.76. The company’s 50-day moving average is $15.66 and its 200 day moving average is $17.13.

About Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk

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.