TD Private Client Wealth LLC Purchases 1,165 Shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK)

TD Private Client Wealth LLC increased its position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) by 31.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,870 shares of the utilities provider’s stock after purchasing an additional 1,165 shares during the quarter. TD Private Client Wealth LLC’s holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk were worth $96,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Orion Portfolio Solutions LLC boosted its position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 24.6% during the 3rd quarter. Orion Portfolio Solutions LLC now owns 12,660 shares of the utilities provider’s stock valued at $250,000 after acquiring an additional 2,497 shares in the last quarter. Jane Street Group LLC bought a new stake in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk during the 3rd quarter valued at $338,000. Stifel Financial Corp boosted its position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 40.3% during the 3rd quarter. Stifel Financial Corp now owns 23,889 shares of the utilities provider’s stock valued at $473,000 after acquiring an additional 6,858 shares in the last quarter. Quantinno Capital Management LP boosted its position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 34.0% during the 3rd quarter. Quantinno Capital Management LP now owns 17,853 shares of the utilities provider’s stock valued at $353,000 after acquiring an additional 4,528 shares in the last quarter. Finally, Captrust Financial Advisors boosted its position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 30.8% during the 3rd quarter. Captrust Financial Advisors now owns 54,280 shares of the utilities provider’s stock valued at $1,074,000 after acquiring an additional 12,781 shares in the last quarter.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Stock Performance

Shares of TLK opened at $16.83 on Monday. Perusahaan Perseroan has a 12 month low of $15.78 and a 12 month high of $26.85. The stock has a fifty day moving average price of $17.65 and a 200-day moving average price of $18.46. 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 firm has a market cap of $15.16 billion, a PE ratio of 11.69, a P/E/G ratio of 1.58 and a beta of 0.78.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk from a “hold” rating to a “buy” rating in a research report on Friday, October 4th.

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.