Sanctuary Advisors LLC Has $840,000 Stock Position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK)

Sanctuary Advisors LLC increased its holdings in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) by 31.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 42,484 shares of the utilities provider’s stock after acquiring an additional 10,070 shares during the quarter. Sanctuary Advisors LLC’s holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk were worth $840,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the business. Millennium Management LLC boosted its position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 268.1% during the second quarter. Millennium Management LLC now owns 316,621 shares of the utilities provider’s stock worth $5,921,000 after purchasing an additional 230,613 shares during the period. Cubist Systematic Strategies LLC acquired a new stake in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk during the 2nd quarter worth $2,163,000. State of New Jersey Common Pension Fund D boosted its position in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 67.0% during the 3rd quarter. State of New Jersey Common Pension Fund D now owns 284,588 shares of the utilities provider’s stock worth $5,629,000 after acquiring an additional 114,209 shares in the last quarter. Van ECK Associates Corp increased its stake in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 127.3% in the third quarter. Van ECK Associates Corp now owns 198,504 shares of the utilities provider’s stock valued at $3,710,000 after acquiring an additional 111,162 shares during the last quarter. Finally, Natixis Advisors LLC raised its position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 25.7% during the third quarter. Natixis Advisors LLC now owns 358,440 shares of the utilities provider’s stock valued at $7,090,000 after purchasing an additional 73,322 shares in the last quarter.

Analysts Set New Price Targets

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

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Stock Performance

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk stock opened at $16.12 on Tuesday. The business has a 50 day moving average of $17.37 and a 200-day moving average of $18.38. The company has a market capitalization of $14.52 billion, a P/E ratio of 11.19, a P/E/G ratio of 1.58 and a beta of 0.78. Perusahaan Perseroan has a 1 year low of $15.35 and a 1 year high of $26.85. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.70 and a quick ratio of 0.69.

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.