Cerity Partners LLC Boosts Stock Position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK)

Cerity Partners LLC grew its holdings in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) by 58.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 33,711 shares of the utilities provider’s stock after buying an additional 12,458 shares during the period. Cerity Partners LLC’s holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk were worth $555,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also made changes to their positions in TLK. GAMMA Investing LLC boosted its holdings in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 74.5% in the 4th quarter. GAMMA Investing LLC now owns 1,506 shares of the utilities provider’s stock valued at $25,000 after buying an additional 643 shares in the last quarter. EverSource Wealth Advisors LLC lifted its position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 49.8% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,992 shares of the utilities provider’s stock valued at $33,000 after acquiring an additional 662 shares during the last quarter. First Affirmative Financial Network boosted its stake in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 7.6% in the fourth quarter. First Affirmative Financial Network now owns 13,720 shares of the utilities provider’s stock valued at $226,000 after acquiring an additional 972 shares in the last quarter. Blue Trust Inc. increased its position in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 74.0% during the fourth quarter. Blue Trust Inc. now owns 7,315 shares of the utilities provider’s stock worth $120,000 after purchasing an additional 3,110 shares in the last quarter. Finally, SBI Securities Co. Ltd. purchased a new stake in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk in the 4th quarter valued at about $53,000.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Stock Performance

Shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk stock opened at $15.28 on Tuesday. The stock has a market capitalization of $15.14 billion, a price-to-earnings ratio of 10.61, a PEG ratio of 2.18 and a beta of 0.62. The firm’s fifty day simple moving average is $14.87 and its 200-day simple moving average is $16.26. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.70 and a quick ratio of 0.69. Perusahaan Perseroan has a 12 month low of $13.15 and a 12 month high of $21.00.

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.