Brandes Investment Partners LP Invests $742,000 in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK)

Brandes Investment Partners LP bought a new position in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) in the 4th quarter, HoldingsChannel reports. The institutional investor bought 45,086 shares of the utilities provider’s stock, valued at approximately $742,000.

Several other large investors have also made changes to their positions in TLK. GAMMA Investing LLC increased 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 worth $25,000 after purchasing an additional 643 shares in the last quarter. EverSource Wealth Advisors LLC increased its position in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 49.8% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,992 shares of the utilities provider’s stock worth $33,000 after purchasing an additional 662 shares in the last quarter. First Affirmative Financial Network increased its position in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 7.6% during the fourth quarter. First Affirmative Financial Network now owns 13,720 shares of the utilities provider’s stock worth $226,000 after purchasing an additional 972 shares in the last quarter. TD Private Client Wealth LLC increased its position in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 31.4% during the third quarter. TD Private Client Wealth LLC now owns 4,870 shares of the utilities provider’s stock worth $96,000 after purchasing an additional 1,165 shares in the last quarter. Finally, Orion Portfolio Solutions LLC increased its position in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 24.6% during 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 in the last quarter.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Stock Down 0.2 %

Shares of TLK opened at $14.95 on Friday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.69 and a current ratio of 0.70. The stock has a 50 day moving average price of $15.82 and a 200 day moving average price of $17.32. The stock has a market capitalization of $14.80 billion, a price-to-earnings ratio of 10.38, a PEG ratio of 2.18 and a beta of 0.76. Perusahaan Perseroan has a one year low of $14.16 and a one year high of $25.27.

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.