Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) Position Boosted by Quadrant Capital Group LLC

Quadrant Capital Group LLC raised its holdings in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) by 33.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 35,866 shares of the utilities provider’s stock after acquiring an additional 9,043 shares during the period. Quadrant Capital Group LLC’s holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk were worth $590,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in TLK. Allspring Global Investments Holdings LLC raised its stake 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 valued at $74,966,000 after purchasing an additional 98,552 shares in the last quarter. American Century Companies Inc. raised its position in shares of 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 buying an additional 44,907 shares in the last quarter. Northcape Capital Pty Ltd lifted its stake 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 worth $8,716,000 after acquiring an additional 77,655 shares during the period. Haven Global Partners LLC bought a new position in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk in the fourth quarter valued at approximately $3,291,000. Finally, Norges Bank acquired a new position in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk during the fourth quarter valued at approximately $2,270,000.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Stock Performance

TLK opened at $13.92 on Monday. The business has a 50 day moving average price of $15.26 and a two-hundred day moving average price of $16.75. 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 company has a market capitalization of $13.78 billion, a price-to-earnings ratio of 9.66, a price-to-earnings-growth ratio of 2.18 and a beta of 0.62. Perusahaan Perseroan has a 1-year low of $13.33 and a 1-year high of $21.54.

About Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk

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.