Cerity Partners LLC Has $420,000 Holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK)

Cerity Partners LLC grew its position in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) by 35.7% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 21,253 shares of the utilities provider’s stock after buying an additional 5,597 shares during the quarter. Cerity Partners LLC’s holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk were worth $420,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in the company. UMB Bank n.a. grew its position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 88.9% in the second quarter. UMB Bank n.a. now owns 1,402 shares of the utilities provider’s stock worth $26,000 after acquiring an additional 660 shares in the last quarter. Ballentine Partners LLC boosted its holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 13.7% in the second quarter. Ballentine Partners LLC now owns 12,971 shares of the utilities provider’s stock worth $243,000 after purchasing an additional 1,560 shares in the last quarter. First Affirmative Financial Network acquired a new position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk during the third quarter worth $252,000. Caprock Group LLC acquired a new position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk during the third quarter worth $253,000. Finally, Blue Trust Inc. raised its holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 50.5% during the second quarter. Blue Trust Inc. now owns 13,805 shares of the utilities provider’s stock valued at $258,000 after buying an additional 4,634 shares in the last quarter.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk from a “hold” rating to a “buy” rating in a research note on Friday, October 4th.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Trading Up 0.3 %

Shares of TLK stock opened at $17.21 on Monday. Perusahaan Perseroan has a 12 month low of $15.78 and a 12 month high of $26.85. The company has a market cap of $15.50 billion, a PE ratio of 11.95, a price-to-earnings-growth ratio of 1.64 and a beta of 0.78. 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’s 50 day moving average is $17.86 and its two-hundred day moving average is $18.49.

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.