Aperio Group LLC Raises Position in PT Telekomunikasi Indonesia, Tbk (TLK)

Aperio Group LLC increased its position in shares of PT Telekomunikasi Indonesia, Tbk (NYSE:TLK) by 3.5% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 730,182 shares of the utilities provider’s stock after purchasing an additional 25,011 shares during the quarter. Aperio Group LLC owned approximately 0.07% of PT Telekomunikasi Indonesia, Tbk worth $25,045,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently modified their holdings of the company. BNP Paribas Arbitrage SA increased its position in shares of PT Telekomunikasi Indonesia, Tbk by 34.6% during the second quarter. BNP Paribas Arbitrage SA now owns 3,639 shares of the utilities provider’s stock worth $123,000 after purchasing an additional 935 shares in the last quarter. Advisor Group Inc. increased its position in shares of PT Telekomunikasi Indonesia, Tbk by 11.5% during the second quarter. Advisor Group Inc. now owns 4,867 shares of the utilities provider’s stock worth $154,000 after purchasing an additional 501 shares in the last quarter. CIBC World Markets Inc. purchased a new stake in shares of PT Telekomunikasi Indonesia, Tbk during the second quarter worth approximately $203,000. SG Americas Securities LLC increased its position in shares of PT Telekomunikasi Indonesia, Tbk by 29.1% during the second quarter. SG Americas Securities LLC now owns 6,333 shares of the utilities provider’s stock worth $213,000 after purchasing an additional 1,428 shares in the last quarter. Finally, Ronald Blue & Co. LLC purchased a new stake in shares of PT Telekomunikasi Indonesia, Tbk during the second quarter worth approximately $215,000. Hedge funds and other institutional investors own 5.72% of the company’s stock.

Shares of PT Telekomunikasi Indonesia, Tbk (TLK) opened at 30.07 on Friday. The company’s 50 day moving average price is $33.60 and its 200 day moving average price is $33.75. PT Telekomunikasi Indonesia, Tbk has a 12 month low of $27.17 and a 12 month high of $36.19. The stock has a market capitalization of $29.79 billion, a PE ratio of 17.69 and a beta of 0.59.

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Several brokerages recently commented on TLK. UBS AG cut PT Telekomunikasi Indonesia, Tbk from a “neutral” rating to a “sell” rating in a research report on Friday, September 29th. BidaskClub cut PT Telekomunikasi Indonesia, Tbk from a “buy” rating to a “hold” rating in a research report on Monday, July 24th. Finally, Macquarie cut PT Telekomunikasi Indonesia, Tbk from an “outperform” rating to a “neutral” rating in a research report on Monday, October 16th.

PT Telekomunikasi Indonesia, Tbk Company Profile

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk offers telecommunications and network services. The Company’s segments include Corporate, Home, Personal and Others. The Corporate segment provides telecommunications services, including interconnection, leased lines, satellite, contact center, broadband access, information technology services, and data and Internet services to companies and institutions.

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Institutional Ownership by Quarter for PT Telekomunikasi Indonesia, Tbk (NYSE:TLK)

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