Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) Shares Purchased by Fmr LLC

Fmr LLC boosted its stake in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) by 230.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 17,894 shares of the utilities provider’s stock after purchasing an additional 12,481 shares during the quarter. Fmr LLC’s holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk were worth $354,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. UMB Bank n.a. raised its holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 88.9% in the second quarter. UMB Bank n.a. now owns 1,402 shares of the utilities provider’s stock valued at $26,000 after acquiring an additional 660 shares in the last quarter. Ballentine Partners LLC raised its holdings in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 13.7% in the 2nd quarter. Ballentine Partners LLC now owns 12,971 shares of the utilities provider’s stock valued at $243,000 after purchasing an additional 1,560 shares in the last quarter. First Affirmative Financial Network purchased a new stake in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk during the 3rd quarter worth $252,000. Caprock Group LLC acquired a new position in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk during the third quarter worth $253,000. Finally, Marks Group Wealth Management Inc increased its holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 21.2% in the third quarter. Marks Group Wealth Management Inc now owns 15,423 shares of the utilities provider’s stock valued at $305,000 after buying an additional 2,698 shares during the last quarter.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Stock Performance

Shares of TLK opened at $15.53 on Friday. 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 has a 52-week low of $15.35 and a 52-week high of $26.85. The stock has a 50 day moving average price of $17.43 and a 200 day moving average price of $18.40. The company has a market capitalization of $13.99 billion, a price-to-earnings ratio of 10.78, a price-to-earnings-growth ratio of 1.58 and a beta of 0.78.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk from a “hold” rating to a “buy” rating in a report 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.