Cwm LLC Purchases 1,522 Shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK)

Cwm LLC lifted its position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) by 153.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 2,517 shares of the utilities provider’s stock after buying an additional 1,522 shares during the period. Cwm LLC’s holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk were worth $65,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Commonwealth Equity Services LLC boosted its holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 30.2% in the third quarter. Commonwealth Equity Services LLC now owns 16,993 shares of the utilities provider’s stock worth $410,000 after purchasing an additional 3,937 shares during the last quarter. Advisor Partners II LLC boosted its holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 18.2% in the third quarter. Advisor Partners II LLC now owns 13,122 shares of the utilities provider’s stock worth $316,000 after purchasing an additional 2,023 shares during the last quarter. Whittier Trust Co. boosted its holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 5.0% in the third quarter. Whittier Trust Co. now owns 16,548 shares of the utilities provider’s stock worth $399,000 after purchasing an additional 795 shares during the last quarter. First Trust Direct Indexing L.P. boosted its holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 101.5% in the third quarter. First Trust Direct Indexing L.P. now owns 33,919 shares of the utilities provider’s stock worth $817,000 after purchasing an additional 17,083 shares during the last quarter. Finally, Fifth Third Bancorp boosted its holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 1.2% in the third quarter. Fifth Third Bancorp now owns 64,632 shares of the utilities provider’s stock worth $1,558,000 after purchasing an additional 793 shares during the last quarter.

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 report on Saturday, April 20th.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Trading Down 1.8 %

Shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk stock opened at $19.16 on Thursday. The company’s fifty day simple moving average is $22.18 and its 200-day simple moving average is $23.88. The stock has a market capitalization of $17.26 billion, a PE ratio of 11.90, a P/E/G ratio of 1.75 and a beta of 0.76. Perusahaan Perseroan has a 1-year low of $18.66 and a 1-year high of $28.34. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.87 and a quick ratio of 0.85.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) last issued its quarterly earnings results on Thursday, April 18th. The utilities provider reported $0.37 earnings per share for the quarter. The business had revenue of $2.25 billion for the quarter. Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk had a net margin of 16.12% and a return on equity of 15.72%. As a group, equities analysts anticipate that Perusahaan Perseroan will post 1.69 earnings per share for the current year.

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.