Ferguson Wellman Capital Management Inc. Acquires Shares of 260,175 Telekomnks Indn Prsr Tbk Prshn Prsrn-ADR (NYSE:TLK)

Ferguson Wellman Capital Management Inc. acquired a new stake in Telekomnks Indn Prsr Tbk Prshn Prsrn-ADR (NYSE:TLK) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 260,175 shares of the utilities provider’s stock, valued at approximately $7,834,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Oldfield Partners LLP boosted its position in shares of Telekomnks Indn Prsr Tbk Prshn Prsrn by 17.0% during the second quarter. Oldfield Partners LLP now owns 2,325,258 shares of the utilities provider’s stock worth $67,990,000 after purchasing an additional 338,639 shares in the last quarter. Bank of New York Mellon Corp boosted its position in shares of Telekomnks Indn Prsr Tbk Prshn Prsrn by 1.3% during the second quarter. Bank of New York Mellon Corp now owns 380,171 shares of the utilities provider’s stock worth $11,116,000 after purchasing an additional 4,913 shares in the last quarter. Thomas White International Ltd. boosted its position in shares of Telekomnks Indn Prsr Tbk Prshn Prsrn by 19.9% during the second quarter. Thomas White International Ltd. now owns 208,183 shares of the utilities provider’s stock worth $6,087,000 after purchasing an additional 34,531 shares in the last quarter. Augustine Asset Management Inc. boosted its position in shares of Telekomnks Indn Prsr Tbk Prshn Prsrn by 0.7% during the second quarter. Augustine Asset Management Inc. now owns 67,439 shares of the utilities provider’s stock worth $1,972,000 after purchasing an additional 470 shares in the last quarter. Finally, Quadrant Capital Group LLC boosted its position in shares of Telekomnks Indn Prsr Tbk Prshn Prsrn by 19.0% during the second quarter. Quadrant Capital Group LLC now owns 14,631 shares of the utilities provider’s stock worth $426,000 after purchasing an additional 2,338 shares in the last quarter. 4.49% of the stock is currently owned by institutional investors.

Shares of NYSE:TLK traded down $0.08 during midday trading on Tuesday, reaching $29.43. 4,925 shares of the company were exchanged, compared to its average volume of 193,714. Telekomnks Indn Prsr Tbk Prshn Prsrn-ADR has a fifty-two week low of $23.35 and a fifty-two week high of $31.48. The company has a current ratio of 0.93, a quick ratio of 0.91 and a debt-to-equity ratio of 0.42. The stock has a fifty day simple moving average of $30.19 and a two-hundred day simple moving average of $28.68.

Telekomnks Indn Prsr Tbk Prshn Prsrn (NYSE:TLK) last issued its quarterly earnings data on Tuesday, July 30th. The utilities provider reported $0.34 EPS for the quarter. The company had revenue of $2.42 billion for the quarter.

Separately, ValuEngine lowered shares of Telekomnks Indn Prsr Tbk Prshn Prsrn from a “hold” rating to a “sell” rating in a report on Wednesday, October 2nd.

Telekomnks Indn Prsr Tbk Prshn Prsrn Company 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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