Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) Shares Purchased by First Affirmative Financial Network

First Affirmative Financial Network boosted its position in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) by 7.6% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 13,720 shares of the utilities provider’s stock after buying an additional 972 shares during the quarter. First Affirmative Financial Network’s holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk were worth $226,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in TLK. Blue Trust Inc. boosted its stake in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 74.0% during the 4th quarter. Blue Trust Inc. now owns 7,315 shares of the utilities provider’s stock worth $120,000 after acquiring an additional 3,110 shares in the last quarter. DGS Capital Management LLC boosted its position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 31.4% during the fourth quarter. DGS Capital Management LLC now owns 75,421 shares of the utilities provider’s stock worth $1,241,000 after purchasing an additional 18,035 shares in the last quarter. Ballentine Partners LLC grew its holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 50.9% in the fourth quarter. Ballentine Partners LLC now owns 16,358 shares of the utilities provider’s stock valued at $269,000 after purchasing an additional 5,517 shares during the period. Northcape Capital Pty Ltd increased its position in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 17.2% in the fourth quarter. Northcape Capital Pty Ltd now owns 529,865 shares of the utilities provider’s stock valued at $8,716,000 after buying an additional 77,655 shares in the last quarter. Finally, GAMMA Investing LLC raised its stake 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 worth $25,000 after buying an additional 643 shares during the period.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Stock Down 3.0 %

TLK stock opened at $16.30 on Friday. Perusahaan Perseroan has a 52 week low of $15.35 and a 52 week high of $26.85. 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 firm has a 50-day simple moving average of $16.68 and a 200-day simple moving average of $18.05. The stock has a market capitalization of $16.14 billion, a P/E ratio of 11.32, a P/E/G ratio of 1.45 and a beta of 0.78.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) last announced its earnings results on Wednesday, October 30th. The utilities provider reported $0.38 EPS for the quarter. The business had revenue of $2.34 billion during the quarter. Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk had a return on equity of 14.86% and a net margin of 15.12%. Equities analysts forecast that Perusahaan Perseroan will post 1.65 earnings per share for the current fiscal year.

Analyst Ratings Changes

Separately, StockNews.com raised shares of 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 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.