Cwm LLC Has $35,000 Stake in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK)

Cwm LLC grew its stake in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLKGet Rating) by 54.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,207 shares of the utilities provider’s stock after purchasing an additional 428 shares during the period. Cwm LLC’s holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk were worth $35,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Balentine LLC grew its position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 33.6% in the 3rd quarter. Balentine LLC now owns 24,406 shares of the utilities provider’s stock worth $704,000 after purchasing an additional 6,142 shares during the last quarter. Wipfli Financial Advisors LLC acquired a new stake in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk in the 3rd quarter worth $31,000. Augustine Asset Management Inc. grew its position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 2.0% in the 3rd quarter. Augustine Asset Management Inc. now owns 60,170 shares of the utilities provider’s stock worth $1,736,000 after purchasing an additional 1,191 shares during the last quarter. Ronald Blue Trust Inc. grew its position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 453.6% in the 3rd quarter. Ronald Blue Trust Inc. now owns 3,233 shares of the utilities provider’s stock worth $87,000 after purchasing an additional 2,649 shares during the last quarter. Finally, Whittier Trust Co. grew its position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 44.6% in the 3rd quarter. Whittier Trust Co. now owns 9,669 shares of the utilities provider’s stock worth $279,000 after purchasing an additional 2,981 shares during the last quarter. 4.04% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk from a “hold” rating to a “buy” rating in a research report on Friday, January 13th.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Price Performance

Shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk stock opened at $26.03 on Friday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.80 and a current ratio of 0.82. The firm’s 50-day simple moving average is $24.56 and its 200-day simple moving average is $27.31. Perusahaan Perseroan has a twelve month low of $23.02 and a twelve month high of $33.21. The firm has a market cap of $23.44 billion, a P/E ratio of 16.37, a price-to-earnings-growth ratio of 1.44 and a beta of 0.59.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLKGet Rating) last issued its earnings results on Friday, October 28th. The utilities provider reported $0.23 earnings per share for the quarter. Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk had a net margin of 15.39% and a return on equity of 15.36%. The business had revenue of $2.58 billion for the quarter. As a group, research analysts expect that Perusahaan Perseroan will post 1.6 EPS for the current fiscal year.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Company Profile

(Get Rating)

PT Telkom Indonesia (Persero) Tbk is a holding company, which engages in the provision of telecommunications, information, and technology services. It operates through the following segments: Mobile, Consumer, Enterprise, Wholesale and International Business (WIB), and Others. The Mobile segment provides mobile voice, SMS, value added services and, mobile broadband.

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Institutional Ownership by Quarter for Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK)

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