Raymond James Financial Inc. Takes Position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK)

Raymond James Financial Inc. purchased a new position in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) in the fourth quarter, HoldingsChannel.com reports. The institutional investor purchased 42,974 shares of the utilities provider’s stock, valued at approximately $707,000.

Several other hedge funds also recently added to or reduced their stakes in the company. GAMMA Investing LLC boosted its position in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 74.5% during the fourth quarter. GAMMA Investing LLC now owns 1,506 shares of the utilities provider’s stock valued at $25,000 after buying an additional 643 shares during the period. SBI Securities Co. Ltd. bought a new stake in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk during the 4th quarter worth approximately $53,000. TD Private Client Wealth LLC lifted its stake in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 31.4% during the 3rd quarter. TD Private Client Wealth LLC now owns 4,870 shares of the utilities provider’s stock worth $96,000 after acquiring an additional 1,165 shares during the last quarter. Blue Trust Inc. boosted its holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 74.0% during the 4th quarter. Blue Trust Inc. now owns 7,315 shares of the utilities provider’s stock valued at $120,000 after acquiring an additional 3,110 shares during the period. Finally, Orion Portfolio Solutions LLC increased its stake in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 24.6% in the third quarter. Orion Portfolio Solutions LLC now owns 12,660 shares of the utilities provider’s stock worth $250,000 after purchasing an additional 2,497 shares during the period.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Stock Down 5.8 %

NYSE:TLK opened at $13.92 on Friday. The company has a market cap 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 0.76. Perusahaan Perseroan has a twelve month low of $13.83 and a twelve month high of $21.54. 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 simple moving average of $15.26 and a 200-day simple moving average of $16.77.

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.