SBI Securities Co. Ltd. Makes New Investment in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK)

SBI Securities Co. Ltd. acquired a new stake in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) during the fourth quarter, according to its most recent disclosure with the SEC. The fund acquired 3,207 shares of the utilities provider’s stock, valued at approximately $53,000.

A number of other hedge funds also recently made changes to their positions in the stock. Haven Global Partners LLC purchased a new position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk during the fourth quarter valued at approximately $3,291,000. State of New Jersey Common Pension Fund D raised 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 valued at $5,629,000 after purchasing an additional 114,209 shares during the period. Allspring Global Investments Holdings LLC lifted its stake in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 2.2% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 4,521,500 shares of the utilities provider’s stock valued at $74,966,000 after buying an additional 98,552 shares in the last quarter. Northcape Capital Pty Ltd boosted its holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 17.2% in the 4th quarter. Northcape Capital Pty Ltd now owns 529,865 shares of the utilities provider’s stock worth $8,716,000 after buying an additional 77,655 shares during the period. Finally, Natixis Advisors LLC increased its stake in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 25.7% in the 3rd quarter. Natixis Advisors LLC now owns 358,440 shares of the utilities provider’s stock worth $7,090,000 after buying an additional 73,322 shares in the last quarter.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Price Performance

NYSE:TLK opened at $14.79 on Tuesday. The business’s 50-day simple moving average is $15.96 and its two-hundred day simple moving average is $17.43. Perusahaan Perseroan has a 52 week low of $14.16 and a 52 week high of $25.40. The stock has a market cap of $14.65 billion, a PE ratio of 10.27, a P/E/G ratio of 2.18 and a beta of 0.76. The company has a quick ratio of 0.69, a current ratio of 0.70 and a debt-to-equity ratio of 0.14.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Company 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.