LPL Financial LLC Acquires New Position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK)

LPL Financial LLC acquired a new stake in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 17,339 shares of the utilities provider's stock, valued at approximately $285,000.

Other large investors have also bought and sold shares of the company. GAMMA Investing LLC increased its position in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 74.5% during the fourth quarter. GAMMA Investing LLC now owns 1,506 shares of the utilities provider's stock valued at $25,000 after acquiring an additional 643 shares during the last quarter. EverSource Wealth Advisors LLC increased its position in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 49.8% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,992 shares of the utilities provider's stock valued at $33,000 after purchasing an additional 662 shares during the last quarter. First Affirmative Financial Network increased its position in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 7.6% during the 4th quarter. First Affirmative Financial Network now owns 13,720 shares of the utilities provider's stock valued at $226,000 after purchasing an additional 972 shares during the last quarter. Blue Trust Inc. raised its stake in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 74.0% during the 4th quarter. Blue Trust Inc. now owns 7,315 shares of the utilities provider's stock worth $120,000 after purchasing an additional 3,110 shares during the period. Finally, SBI Securities Co. Ltd. purchased a new position in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk in the 4th quarter worth about $53,000.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Stock Performance

NYSE TLK traded up $0.69 during trading hours on Friday, reaching $16.02. 776,274 shares of the company were exchanged, compared to its average volume of 569,611. The stock has a market capitalization of $15.87 billion, a P/E ratio of 11.13, a P/E/G ratio of 2.18 and a beta of 0.62. The company has a quick ratio of 0.69, a current ratio of 0.70 and a debt-to-equity ratio of 0.14. Perusahaan Perseroan has a 1 year low of $13.15 and a 1 year high of $21.00. The business's 50 day simple moving average is $14.83 and its 200-day simple moving average is $16.07.

About Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk

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.