Quadrant Capital Group LLC Has $614,000 Holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK)

Quadrant Capital Group LLC lifted its holdings in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) by 4.5% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 23,004 shares of the utilities provider’s stock after purchasing an additional 985 shares during the period. Quadrant Capital Group LLC’s holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk were worth $614,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of the business. Signaturefd LLC lifted its holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 48.5% in the first quarter. Signaturefd LLC now owns 13,330 shares of the utilities provider’s stock valued at $364,000 after buying an additional 4,355 shares during the period. MAI Capital Management acquired a new position in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk during the second quarter valued at about $738,000. Balentine LLC acquired a new position in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk during the first quarter valued at about $271,000. Vanguard Personalized Indexing Management LLC acquired a new position in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk during the first quarter valued at about $470,000. Finally, Vestmark Advisory Solutions Inc. raised its holdings in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 11.0% during the second quarter. Vestmark Advisory Solutions Inc. now owns 11,152 shares of the utilities provider’s stock valued at $297,000 after purchasing an additional 1,108 shares during the period.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Price Performance

NYSE:TLK opened at $23.15 on Friday. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.72 and a quick ratio of 0.70. The firm has a 50-day moving average of $23.58 and a 200-day moving average of $25.20. Perusahaan Perseroan has a one year low of $21.67 and a one year high of $29.58.

Wall Street Analysts Forecast Growth

TLK has been the topic of several research reports. StockNews.com upgraded shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk from a “buy” rating to a “strong-buy” rating in a report on Monday, November 13th. Bank of America downgraded shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk from a “buy” rating to a “neutral” rating in a research report on Tuesday, September 19th.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk 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.