Ethic Inc. Sells 8,558 Shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK)

Ethic Inc. trimmed its holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) by 24.8% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 25,964 shares of the utilities provider’s stock after selling 8,558 shares during the quarter. Ethic Inc.’s holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk were worth $427,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Citadel Advisors LLC purchased a new stake in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk during the fourth quarter valued at about $16,533,000. Jane Street Group LLC boosted its holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 351.3% during the 4th quarter. Jane Street Group LLC now owns 77,163 shares of the utilities provider’s stock valued at $1,269,000 after acquiring an additional 60,064 shares during the period. Dimensional Fund Advisors LP grew its position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 2.7% during the 4th quarter. Dimensional Fund Advisors LP now owns 639,435 shares of the utilities provider’s stock worth $10,518,000 after acquiring an additional 16,915 shares during the last quarter. Jump Financial LLC increased its stake in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 100.0% in the 4th quarter. Jump Financial LLC now owns 54,998 shares of the utilities provider’s stock worth $905,000 after purchasing an additional 27,496 shares during the period. Finally, Raymond James Financial Inc. bought a new stake in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk in the fourth quarter valued at approximately $707,000.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Stock Performance

NYSE:TLK opened at $16.59 on Friday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.69 and a current ratio of 0.70. Perusahaan Perseroan has a fifty-two week low of $13.15 and a fifty-two week high of $21.00. The firm has a market cap of $16.43 billion, a PE ratio of 11.52, a price-to-earnings-growth ratio of 2.18 and a beta of 0.56. The business has a 50 day moving average price of $15.04 and a 200-day moving average price of $15.90.

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.