Jane Street Group LLC Takes Position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK)

Jane Street Group LLC purchased a new position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 17,099 shares of the utilities provider’s stock, valued at approximately $338,000.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. First Affirmative Financial Network purchased a new stake in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk in the 3rd quarter valued at about $252,000. Caprock Group LLC purchased a new stake in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk in the third quarter valued at approximately $253,000. Ballentine Partners LLC grew its stake 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. Marks Group Wealth Management Inc increased its holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 21.2% during the 3rd quarter. Marks Group Wealth Management Inc now owns 15,423 shares of the utilities provider’s stock worth $305,000 after purchasing an additional 2,698 shares during the period. Finally, One Wealth Advisors LLC raised its position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 33.0% during the 3rd quarter. One Wealth Advisors LLC now owns 16,572 shares of the utilities provider’s stock valued at $328,000 after purchasing an additional 4,110 shares in the last quarter.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Trading Up 1.4 %

Shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk stock opened at $16.29 on Friday. The stock has a market cap of $14.67 billion, a PE ratio of 11.31, a price-to-earnings-growth ratio of 1.58 and a beta of 0.78. The firm has a fifty day moving average price of $16.72 and a 200 day moving average price of $18.25. 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.

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 report on Friday, October 4th.

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.