Allspring Global Investments Holdings LLC Has $74.97 Million Stake in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK)

Allspring Global Investments Holdings LLC raised its position in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK - Free Report) by 2.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,521,500 shares of the utilities provider's stock after acquiring an additional 98,552 shares during the period. Allspring Global Investments Holdings LLC owned approximately 0.46% of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk worth $74,966,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the company. Northcape Capital Pty Ltd boosted its holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 17.2% during the fourth quarter. Northcape Capital Pty Ltd now owns 529,865 shares of the utilities provider's stock valued at $8,716,000 after acquiring an additional 77,655 shares during the period. Oldfield Partners LLP boosted its holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 17.2% during the third quarter. Oldfield Partners LLP now owns 439,424 shares of the utilities provider's stock valued at $8,692,000 after acquiring an additional 64,429 shares during the period. Natixis Advisors LLC lifted its stake in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 25.7% in the third quarter. Natixis Advisors LLC now owns 358,440 shares of the utilities provider's stock valued at $7,090,000 after buying an additional 73,322 shares during the period. State of New Jersey Common Pension Fund D lifted its stake in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 67.0% in the third quarter. State of New Jersey Common Pension Fund D now owns 284,588 shares of the utilities provider's stock valued at $5,629,000 after buying an additional 114,209 shares during the period. Finally, Citigroup Inc. lifted its stake in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 24.7% in the third quarter. Citigroup Inc. now owns 213,810 shares of the utilities provider's stock valued at $4,229,000 after buying an additional 42,304 shares during the period.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Stock Performance

Shares of NYSE TLK traded up $0.30 during mid-day trading on Friday, hitting $15.51. The company had a trading volume of 384,384 shares, compared to its average volume of 734,081. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.70 and a quick ratio of 0.69. The business's 50-day simple moving average is $16.31 and its 200-day simple moving average is $17.74. Perusahaan Perseroan has a 12 month low of $14.16 and a 12 month high of $26.85. The firm has a market cap of $15.36 billion, a P/E ratio of 10.77, a PEG ratio of 2.10 and a beta of 0.77.

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.