Free Trial

Norges Bank Takes Position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK)

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk logo with Utilities background
Remove Ads

Norges Bank bought a new position in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK - Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 138,000 shares of the utilities provider's stock, valued at approximately $2,270,000.

Several other hedge funds have also modified their holdings of the stock. Allspring Global Investments Holdings LLC grew its position in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 2.2% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 4,521,500 shares of the utilities provider's stock worth $74,966,000 after buying an additional 98,552 shares in the last quarter. American Century Companies Inc. grew its holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 8.4% during the 4th quarter. American Century Companies Inc. now owns 581,989 shares of the utilities provider's stock worth $9,574,000 after acquiring an additional 44,907 shares in the last quarter. Northcape Capital Pty Ltd increased its position in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 17.2% in the 4th quarter. Northcape Capital Pty Ltd now owns 529,865 shares of the utilities provider's stock valued at $8,716,000 after purchasing an additional 77,655 shares during the last quarter. Haven Global Partners LLC acquired a new stake in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk in the 4th quarter valued at $3,291,000. Finally, DGS Capital Management LLC lifted its position in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 31.4% during the 4th 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 during the last quarter.

Remove Ads

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Stock Up 0.4 %

NYSE:TLK traded up $0.07 during trading hours on Tuesday, hitting $14.69. The company's stock had a trading volume of 529,191 shares, compared to its average volume of 561,077. The stock has a market capitalization of $14.55 billion, a P/E ratio of 10.20, a price-to-earnings-growth ratio of 2.18 and a beta of 0.62. The company has a current ratio of 0.70, a quick ratio of 0.69 and a debt-to-equity ratio of 0.14. The stock has a fifty day moving average of $14.88 and a 200-day moving average of $16.40. Perusahaan Perseroan has a 52-week low of $13.15 and a 52-week high of $21.00.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Company Profile

(Free Report)

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.

Featured Stories

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

Should You Invest $1,000 in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Right Now?

Before you consider Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk wasn't on the list.

While Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

10 "Recession Proof" Stocks That Will Thrive in Any Market Cover

Which stocks are likely to thrive in today's challenging market? Enter your email address and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.

Get This Free Report
Like this article? Share it with a colleague.
Remove Ads

Featured Articles and Offers

Recent Videos

WWE Stock Could Explode Next Week — Now’s the Time to Buy Into TKO
These 3 Dividend Stocks Might Be the Safest Bet Right Now
5 International Stocks to Escape U.S. Market Volatility

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines

Remove Ads