Allianz SE Takes $921,000 Position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK)

Allianz SE bought a new position in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 55,966 shares of the utilities provider’s stock, valued at approximately $921,000.

Several other hedge funds have also recently bought and sold shares of the stock. 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 worth $25,000 after buying an additional 643 shares during the period. EverSource Wealth Advisors LLC boosted its position in 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 valued at $33,000 after purchasing an additional 662 shares during the last quarter. First Affirmative Financial Network grew its stake in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 7.6% in the fourth quarter. First Affirmative Financial Network now owns 13,720 shares of the utilities provider’s stock valued at $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 3rd 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 during the last quarter. Finally, Orion Portfolio Solutions LLC raised its stake in shares of 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 worth $250,000 after purchasing an additional 2,497 shares in the last quarter.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Price Performance

NYSE:TLK opened at $14.73 on Monday. The stock has a market capitalization of $14.59 billion, a PE ratio of 10.23, a P/E/G ratio of 2.18 and a beta of 0.76. Perusahaan Perseroan has a 1-year low of $13.88 and a 1-year high of $22.38. The firm has a fifty day simple moving average of $15.47 and a 200 day simple moving average of $16.95. The company has a current ratio of 0.70, a quick ratio of 0.69 and a debt-to-equity ratio of 0.14.

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.