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Citadel Advisors LLC Invests $16.53 Million in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK)

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk logo with Utilities background

Citadel Advisors LLC bought a new stake in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 1,005,037 shares of the utilities provider's stock, valued at approximately $16,533,000. Citadel Advisors LLC owned approximately 0.10% of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC lifted its holdings 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 valued at $74,966,000 after acquiring an additional 98,552 shares during the period. Dimensional Fund Advisors LP raised its stake in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 2.7% during the 4th quarter. Dimensional Fund Advisors LP now owns 639,435 shares of the utilities provider's stock worth $10,518,000 after buying an additional 16,915 shares during the last quarter. American Century Companies Inc. raised its stake in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 8.4% in the 4th quarter. American Century Companies Inc. now owns 581,989 shares of the utilities provider's stock valued at $9,574,000 after purchasing an additional 44,907 shares during the last quarter. Haven Global Partners LLC acquired a new position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk in the 4th quarter valued at about $3,291,000. Finally, Norges Bank acquired a new position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk in the 4th quarter valued at about $2,270,000.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Stock Up 1.6%

TLK opened at $16.11 on Tuesday. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.70 and a quick ratio of 0.69. The stock has a market capitalization of $15.96 billion, a price-to-earnings ratio of 11.19, a price-to-earnings-growth ratio of 2.18 and a beta of 0.56. The business has a 50-day moving average of $14.94 and a two-hundred day moving average of $15.92. Perusahaan Perseroan has a 12 month low of $13.15 and a 12 month high of $21.00.

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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Institutional Ownership by Quarter for Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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