Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) Shares Bought by Two Sigma Advisers LP

Two Sigma Advisers LP grew its holdings in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK - Free Report) by 189.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 37,900 shares of the utilities provider's stock after purchasing an additional 24,800 shares during the period. Two Sigma Advisers LP's holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk were worth $623,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. American Century Companies Inc. lifted its holdings in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 8.4% during 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. Raymond James Financial Inc. purchased a new stake in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk during the 4th quarter valued at $707,000. Victory Capital Management Inc. purchased a new stake in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk during the 4th quarter valued at $544,000. Allspring Global Investments Holdings LLC lifted its holdings in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 2.2% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 4,521,500 shares of the utilities provider's stock valued at $74,966,000 after purchasing an additional 98,552 shares during the last quarter. Finally, Bank Julius Baer & Co. Ltd Zurich purchased a new stake in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk during the 4th quarter valued at $531,000.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Stock Performance

Shares of NYSE TLK traded up $0.10 during mid-day trading on Thursday, hitting $17.42. The stock had a trading volume of 466,935 shares, compared to its average volume of 573,997. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.69 and a current ratio of 0.70. The company has a 50 day moving average of $15.65 and a two-hundred day moving average of $15.89. Perusahaan Perseroan has a twelve month low of $13.15 and a twelve month high of $21.00. The firm has a market cap of $17.25 billion, a PE ratio of 12.09, a PEG ratio of 2.18 and a beta of 0.56.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Increases Dividend

The company also recently announced an annual dividend, which will be paid on Monday, June 30th. Investors of record on Thursday, June 12th will be given a $1.3038 dividend. This represents a dividend yield of 5.8%. This is an increase from Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk's previous annual dividend of $1.11. The ex-dividend date of this dividend is Thursday, June 12th. Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk's dividend payout ratio is presently 56.08%.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Profile

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.