Two Sigma Advisers LP Increases Stock Position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK)

Two Sigma Advisers LP boosted its position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK - Free Report) by 189.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 37,900 shares of the utilities provider's stock after acquiring an additional 24,800 shares during the quarter. 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.

Several other hedge funds have also recently added to or reduced their stakes in TLK. Citadel Advisors LLC acquired a new stake in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk in the fourth quarter valued at approximately $16,533,000. Norges Bank purchased a new position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk in the fourth quarter valued at approximately $2,270,000. Allspring Global Investments Holdings LLC increased 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 valued at $74,966,000 after purchasing an additional 98,552 shares during the last quarter. Jane Street Group LLC increased its stake in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 351.3% in the fourth quarter. Jane Street Group LLC now owns 77,163 shares of the utilities provider's stock valued at $1,269,000 after purchasing an additional 60,064 shares during the last quarter. Finally, Allianz SE purchased a new position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk in the fourth quarter valued at approximately $921,000.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Stock Down 0.2%

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk stock traded down $0.04 during mid-day trading on Friday, hitting $17.37. The company had a trading volume of 417,588 shares, compared to its average volume of 574,295. The stock has a market cap of $17.21 billion, a price-to-earnings ratio of 12.06, a PEG ratio of 2.18 and a beta of 0.60. Perusahaan Perseroan has a 1 year low of $13.15 and a 1 year high of $21.00. The company has a quick ratio of 0.69, a current ratio of 0.70 and a debt-to-equity ratio of 0.14. The business has a fifty day moving average of $15.75 and a 200 day moving average of $15.90.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Increases Dividend

The business also recently declared an annual dividend, which will be paid on Monday, June 30th. Shareholders of record on Thursday, June 12th will be paid a $1.3038 dividend. This is a positive change from Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk's previous annual dividend of $1.11. This represents a yield of 5.8%. The ex-dividend date of this dividend is Thursday, June 12th. Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk's dividend payout ratio is currently 67.57%.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Company 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.