Natixis Advisors L.P. Buys 100,757 Shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK)

Natixis Advisors L.P. increased its holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK - Free Report) by 39.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 358,525 shares of the utilities provider's stock after purchasing an additional 100,757 shares during the quarter. Natixis Advisors L.P.'s holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk were worth $9,234,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. CWM LLC raised its holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 153.0% during the 4th quarter. CWM LLC now owns 2,517 shares of the utilities provider's stock worth $65,000 after buying an additional 1,522 shares during the period. KLR Investment Advisors LLC acquired a new stake in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk during the third quarter valued at approximately $183,000. NewEdge Wealth LLC purchased a new stake in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk in the 4th quarter valued at approximately $204,000. Janiczek Wealth Management LLC boosted its stake in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 4.6% in the 4th quarter. Janiczek Wealth Management LLC now owns 9,473 shares of the utilities provider's stock worth $244,000 after purchasing an additional 413 shares during the period. Finally, BSW Wealth Partners purchased a new position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk during the 4th quarter worth approximately $247,000.

Wall Street Analyst Weigh In

Separately, StockNews.com raised Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk from a "hold" rating to a "buy" rating in a research report on Saturday, April 20th.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Stock Up 0.6 %

Shares of TLK traded up $0.12 during trading hours on Thursday, reaching $19.28. The company's stock had a trading volume of 205,757 shares, compared to its average volume of 266,468. The company has a 50 day moving average of $22.05 and a two-hundred day moving average of $23.84. The company has a quick ratio of 0.85, a current ratio of 0.87 and a debt-to-equity ratio of 0.16. The firm has a market cap of $17.36 billion, a price-to-earnings ratio of 11.98, a P/E/G ratio of 1.75 and a beta of 0.76. Perusahaan Perseroan has a 1-year low of $18.66 and a 1-year high of $28.34.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK - Get Free Report) last released its quarterly earnings data on Thursday, April 18th. The utilities provider reported $0.37 earnings per share for the quarter. Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk had a net margin of 16.12% and a return on equity of 15.72%. The firm had revenue of $2.25 billion for the quarter. As a group, research analysts predict that Perusahaan Perseroan will post 1.69 EPS for the current fiscal year.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Cuts Dividend

The company also recently disclosed an annual dividend, which will be paid on Monday, June 17th. Investors of record on Monday, May 20th will be given a dividend of $1.1116 per share. The ex-dividend date is Friday, May 17th. This represents a yield of 8.8%. Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk's payout ratio is 52.17%.

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.