Augustine Asset Management Inc. decreased its holdings in shares of Telekomnks Indn Prsr Tbk Prshn Prsrn-ADR (NYSE:TLK) by 37.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 47,546 shares of the utilities provider’s stock after selling 28,367 shares during the period. Augustine Asset Management Inc.’s holdings in Telekomnks Indn Prsr Tbk Prshn Prsrn were worth $1,246,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also modified their holdings of the company. Coastline Trust Co grew its position in shares of Telekomnks Indn Prsr Tbk Prshn Prsrn by 9.4% during the 4th quarter. Coastline Trust Co now owns 60,920 shares of the utilities provider’s stock valued at $1,597,000 after acquiring an additional 5,220 shares during the period. Quadrant Capital Group LLC lifted its stake in shares of Telekomnks Indn Prsr Tbk Prshn Prsrn by 1,995.5% during the 4th quarter. Quadrant Capital Group LLC now owns 7,502 shares of the utilities provider’s stock valued at $194,000 after buying an additional 7,144 shares in the last quarter. Summit Global Investments lifted its stake in shares of Telekomnks Indn Prsr Tbk Prshn Prsrn by 18.3% during the 3rd quarter. Summit Global Investments now owns 29,500 shares of the utilities provider’s stock valued at $722,000 after buying an additional 4,560 shares in the last quarter. Oldfield Partners LLP lifted its stake in shares of Telekomnks Indn Prsr Tbk Prshn Prsrn by 37.1% during the 3rd quarter. Oldfield Partners LLP now owns 2,071,958 shares of the utilities provider’s stock valued at $50,721,000 after buying an additional 560,870 shares in the last quarter. Finally, MARSHALL WACE ASIA Ltd purchased a new position in shares of Telekomnks Indn Prsr Tbk Prshn Prsrn during the 3rd quarter valued at $2,547,000. 4.24% of the stock is owned by hedge funds and other institutional investors.

TLK opened at $26.81 on Thursday. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.93 and a quick ratio of 0.91. Telekomnks Indn Prsr Tbk Prshn Prsrn-ADR has a fifty-two week low of $21.75 and a fifty-two week high of $30.50.

TLK has been the topic of a number of analyst reports. ValuEngine upgraded shares of Telekomnks Indn Prsr Tbk Prshn Prsrn from a “sell” rating to a “hold” rating in a research note on Wednesday, October 17th. TheStreet upgraded shares of Telekomnks Indn Prsr Tbk Prshn Prsrn from a “c+” rating to a “b-” rating in a research note on Tuesday, November 6th. Two analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy”.

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Telekomnks Indn Prsr Tbk Prshn Prsrn Profile

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk provides telecommunications, information, and media and edutainment services worldwide. It operates in four segments: Mobile, Consumer, Enterprise, and Wholesale and International. The company offers mobile services, including mobile voice, SMS, value-added, and mobile broadband services.

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Institutional Ownership by Quarter for Telekomnks Indn Prsr Tbk Prshn Prsrn (NYSE:TLK)

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