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

Quadrant Capital Group LLC increased its stake in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) by 33.7% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 35,866 shares of the utilities provider’s stock after acquiring an additional 9,043 shares during the quarter. Quadrant Capital Group LLC’s holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk were worth $590,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Allspring Global Investments Holdings LLC boosted its position in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 2.2% in the 4th 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 during the period. American Century Companies Inc. lifted its stake in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 8.4% during the fourth quarter. American Century Companies Inc. now owns 581,989 shares of the utilities provider’s stock valued at $9,574,000 after buying an additional 44,907 shares in the last quarter. Northcape Capital Pty Ltd boosted its holdings in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 17.2% in the fourth quarter. Northcape Capital Pty Ltd now owns 529,865 shares of the utilities provider’s stock worth $8,716,000 after buying an additional 77,655 shares during the period. Haven Global Partners LLC purchased a new position in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk in the fourth quarter worth approximately $3,291,000. Finally, Norges Bank acquired a new stake 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 Down 5.8 %

Shares of NYSE:TLK opened at $13.92 on Monday. Perusahaan Perseroan has a 52 week low of $13.33 and a 52 week high of $21.54. 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 company has a market cap of $13.78 billion, a PE ratio of 9.66, a price-to-earnings-growth ratio of 2.18 and a beta of 0.62. The firm has a 50 day simple moving average of $15.26 and a 200 day simple moving average of $16.75.

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.