Callan Family Office LLC grew its stake in shares of PT Telekomunikasi Indonesia, Tbk (NYSE:TLK - Free Report) by 220.7% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 51,953 shares of the utilities provider's stock after acquiring an additional 35,754 shares during the quarter. Callan Family Office LLC's holdings in PT Telekomunikasi Indonesia, Tbk were worth $880,000 as of its most recent SEC filing.
A number of other institutional investors have also recently modified their holdings of the stock. Euro Pacific Asset Management LLC lifted its position in shares of PT Telekomunikasi Indonesia, Tbk by 744.8% during the 2nd quarter. Euro Pacific Asset Management LLC now owns 367,958 shares of the utilities provider's stock valued at $6,240,000 after acquiring an additional 324,400 shares during the period. DAVENPORT & Co LLC lifted its position in shares of PT Telekomunikasi Indonesia, Tbk by 6.8% during the 2nd quarter. DAVENPORT & Co LLC now owns 55,529 shares of the utilities provider's stock valued at $941,000 after acquiring an additional 3,532 shares during the period. Ascent Group LLC bought a new stake in shares of PT Telekomunikasi Indonesia, Tbk during the 2nd quarter valued at $326,000. Signaturefd LLC lifted its position in shares of PT Telekomunikasi Indonesia, Tbk by 12.9% during the 2nd quarter. Signaturefd LLC now owns 8,219 shares of the utilities provider's stock valued at $139,000 after acquiring an additional 937 shares during the period. Finally, Kathmere Capital Management LLC lifted its position in shares of PT Telekomunikasi Indonesia, Tbk by 154.2% during the 2nd quarter. Kathmere Capital Management LLC now owns 72,629 shares of the utilities provider's stock valued at $1,230,000 after acquiring an additional 44,060 shares during the period.
PT Telekomunikasi Indonesia, Tbk Price Performance
Shares of TLK opened at $18.32 on Monday. PT Telekomunikasi Indonesia, Tbk has a 12-month low of $13.15 and a 12-month high of $20.98. The business has a 50-day simple moving average of $19.17 and a two-hundred day simple moving average of $17.25. The company has a quick ratio of 0.70, a current ratio of 0.71 and a debt-to-equity ratio of 0.17. The stock has a market cap of $18.15 billion, a PE ratio of 12.81, a PEG ratio of 4.03 and a beta of 0.61.
Analyst Ratings Changes
A number of analysts have recently weighed in on the company. New Street Research downgraded PT Telekomunikasi Indonesia, Tbk from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, June 17th. Weiss Ratings reiterated a "sell (d+)" rating on shares of PT Telekomunikasi Indonesia, Tbk in a research report on Wednesday, October 8th. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Reduce".
Check Out Our Latest Report on PT Telekomunikasi Indonesia, Tbk
About PT Telekomunikasi Indonesia, Tbk
(
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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