Skip to Content

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk is owned by Assetmark Inc. for $2.53 million (NYSE:TLK)

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk is owned by Assetmark Inc. for $2.53 million (NYSE:TLK)

The most recent report that Assetmark Inc. submitted to the SEC reveals that during the third quarter, the company increased the percentage of shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE: TLK) that it owned by 9.4 percent. The institutional investor has a total of 87,565 shares in the utility provider after making additional purchases of 7,554 during the period in question, bringing the total number of shares to which they are entitled to 87,565. According to the most recent document that Assetmark Inc. submitted to the SEC, the company owned a stake in the company Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk, which was valued at a total of 2,526,000 dollars.

In the most recent few months, several other institutional investors, such as hedge funds, have modified the number of company shares they currently hold. The percentage of shares held by Renaissance Technologies LLC in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk increased by 3.1% during the second quarter. Following the acquisition of an additional 136,800 shares during the period in question, Renaissance Technologies LLC now holds 4,570,414 shares of the utilities provider’s stock, which has a value of $123,584,000. Allspring Global Investments Holdings LLC increased its investment in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 1.7% during the second quarter of 2018. Allspring Global Investments Holdings LLC now has 3,550,616 shares of the utilities provider’s stock after purchasing an additional 60,750 shares during the most recent quarter. The value of Allspring Global Investments Holdings LLC’s holdings in this company’s stock is $96,008,000. As a result of the purchase of these shares, the total number of shares that the company possesses now stands at 3,550,616. Wellington Management Group LLP made a new investment in the amount of 42,586,000 dollars for a position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk during the first three months of the year. Martin Currie Ltd. increased its holdings in PT Telekomunikasi Indonesia Tbk (also known as Persero) by 3.1% during the year’s second quarter. Following the acquisition of 22,086 additional shares of the utilities provider’s stock during the most recent quarter, Martin Currie Ltd. now holds 744,959 shares of its stock in its portfolio. The value of these shares on the market as of right now is $20,143,000. Not to mention the fact that during the first three months of this year, Bank of America Corporation DE increased the percentage of PT Telekomunikasi Indonesia Tbk, Perusahaan Perseroan (Persero) shares that it owned by 3.4%. Following the purchase of 19,172 additional shares during the most recent quarter, Bank of America Corp. (DE) now has a total of 585,828 shares of the utilities provider’s stock, which has a value of $18,717,000. This brings the total number of shares owned by the company to 585,828. To the tune of 4.04% of the company’s shares, hedge funds and various other institutional investors are the owners of those shares.

Shares of PT Telekomunikasi Indonesia Tbk, Perusahaan Perseroan (Persero), opened on Monday at $24.91. The lowest price that Perusahaan Perseroan has been at in the past year is $23.02, while the company’s all-time high price has been $33.21. The debt-to-equity ratio, the quick ratio, and the current ratio—are equal to 0.21, while the quick ratio is 0.80 and the current ratio is 0.82. The stock has solid financial metrics, such as a market value of $22.43 billion, a price-to-earnings ratio of 15.67, a price-to-earnings-to-growth ratio of 1.44, and a beta value of 0.59. Additionally, the stock has a positive beta value of 0.59. In addition, the price-to-earnings-to-growth ratio for the stock is 1.44, which indicates that investors anticipate the company.’

Tags

Leave a comment

Your email address will not be published. Required fields are marked *