Raymond James Financial Inc. acquired a new stake in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 42,974 shares of the utilities provider's stock, valued at approximately $707,000.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in TLK. Haven Global Partners LLC purchased a new position in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk during the fourth quarter worth approximately $3,291,000. Allspring Global Investments Holdings LLC grew its stake in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 2.2% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 4,521,500 shares of the utilities provider's stock worth $74,966,000 after purchasing an additional 98,552 shares in the last quarter. Northcape Capital Pty Ltd grew its stake in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 17.2% in the fourth quarter. Northcape Capital Pty Ltd now owns 529,865 shares of the utilities provider's stock worth $8,716,000 after purchasing an additional 77,655 shares in the last quarter. Victory Capital Management Inc. purchased a new position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk during the 4th quarter worth $544,000. Finally, DGS Capital Management LLC raised its position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 57.6% during the 3rd quarter. DGS Capital Management LLC now owns 57,386 shares of the utilities provider's stock valued at $1,135,000 after purchasing an additional 20,982 shares in the last quarter.
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Stock Down 2.2 %
Shares of TLK traded down $0.32 during midday trading on Thursday, reaching $14.09. 488,835 shares of the stock were exchanged, compared to its average volume of 558,208. The company has a market capitalization of $13.96 billion, a P/E ratio of 9.79, a PEG ratio of 2.18 and a beta of 0.62. The company has a current ratio of 0.70, a quick ratio of 0.69 and a debt-to-equity ratio of 0.14. Perusahaan Perseroan has a 52 week low of $13.15 and a 52 week high of $21.19. The company's 50 day moving average is $14.93 and its two-hundred day moving average is $16.51.
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Company Profile
(
Free Report)
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk provides information and communications technology, and telecommunications network services worldwide. The company operates through mobile, consumer, enterprise, Wholesale and International Business, and Other segments. The Mobile segment offers mobile voice, SMS, value added services, and mobile broadband services.
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