Oppenheimer & Co. Inc. held its position in PT Telekomunikasi Indonesia, Tbk (NYSE:TLK) during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 9,000 shares of the utilities provider’s stock at the close of the second quarter. Oppenheimer & Co. Inc.’s holdings in PT Telekomunikasi Indonesia, Tbk were worth $303,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in TLK. Deltec Asset Management LLC lifted its position in PT Telekomunikasi Indonesia, Tbk by 4.3% during the 2nd quarter. Deltec Asset Management LLC now owns 53,900 shares of the utilities provider’s stock valued at $1,815,000 after purchasing an additional 2,200 shares during the period. NGAM Advisors L.P. lifted its position in PT Telekomunikasi Indonesia, Tbk by 1.5% during the 2nd quarter. NGAM Advisors L.P. now owns 197,751 shares of the utilities provider’s stock valued at $6,658,000 after purchasing an additional 3,003 shares during the period. Ronald Blue & Co. LLC acquired a new position in PT Telekomunikasi Indonesia, Tbk during the 2nd quarter valued at about $215,000. Wetherby Asset Management Inc. lifted its position in PT Telekomunikasi Indonesia, Tbk by 2.5% during the 2nd quarter. Wetherby Asset Management Inc. now owns 22,805 shares of the utilities provider’s stock valued at $768,000 after purchasing an additional 551 shares during the period. Finally, Duff & Phelps Investment Management Co. acquired a new position in PT Telekomunikasi Indonesia, Tbk during the 2nd quarter valued at about $5,389,000. Institutional investors own 5.74% of the company’s stock.

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PT Telekomunikasi Indonesia, Tbk (NYSE:TLK) opened at 35.31 on Tuesday. The firm has a market capitalization of $34.98 billion, a P/E ratio of 22.07 and a beta of 0.59. PT Telekomunikasi Indonesia, Tbk has a 52-week low of $27.17 and a 52-week high of $67.13. The firm’s 50-day moving average is $35.43 and its 200-day moving average is $33.24.

Separately, BidaskClub downgraded shares of PT Telekomunikasi Indonesia, Tbk from a “buy” rating to a “hold” rating in a research report on Monday, July 24th.

About PT Telekomunikasi Indonesia, Tbk

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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