42,974 Shares in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) Purchased by Raymond James Financial Inc.

Raymond James Financial Inc. purchased a new stake in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 42,974 shares of the utilities provider’s stock, valued at approximately $707,000.

Other large investors have also added to or reduced their stakes in the company. GAMMA Investing LLC boosted its position in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 74.5% during the 4th 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. SBI Securities Co. Ltd. bought a new position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk during the fourth quarter valued at $53,000. TD Private Client Wealth LLC grew its stake in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 31.4% in the 3rd quarter. TD Private Client Wealth LLC now owns 4,870 shares of the utilities provider’s stock worth $96,000 after buying an additional 1,165 shares in the last quarter. Blue Trust Inc. increased its holdings in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 74.0% in the 4th quarter. Blue Trust Inc. now owns 7,315 shares of the utilities provider’s stock worth $120,000 after buying an additional 3,110 shares during the last quarter. Finally, Orion Portfolio Solutions LLC raised its position in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 24.6% during the 3rd quarter. Orion Portfolio Solutions LLC now owns 12,660 shares of the utilities provider’s stock valued at $250,000 after buying an additional 2,497 shares in the last quarter.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Trading Down 5.8 %

TLK opened at $13.92 on Friday. The stock has a 50-day moving average of $15.26 and a 200 day moving average of $16.77. The company has a current ratio of 0.70, a quick ratio of 0.69 and a debt-to-equity ratio of 0.14. Perusahaan Perseroan has a 12 month low of $13.83 and a 12 month high of $21.54. The firm has a market cap of $13.78 billion, a P/E ratio of 9.66, a P/E/G ratio of 2.18 and a beta of 0.76.

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.