Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) Shares Acquired by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC raised its holdings in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) by 2.2% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,521,500 shares of the utilities provider’s stock after purchasing an additional 98,552 shares during the quarter. Allspring Global Investments Holdings LLC owned 0.46% of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk worth $74,966,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Haven Global Partners LLC acquired a new position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk during the 4th quarter worth $3,291,000. First Affirmative Financial Network lifted 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 during the last quarter. Blue Trust Inc. grew its stake in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 74.0% in the fourth quarter. Blue Trust Inc. now owns 7,315 shares of the utilities provider’s stock worth $120,000 after purchasing an additional 3,110 shares in the last quarter. DGS Capital Management LLC grew its stake in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 31.4% in the fourth quarter. DGS Capital Management LLC now owns 75,421 shares of the utilities provider’s stock worth $1,241,000 after purchasing an additional 18,035 shares in the last quarter. Finally, Ballentine Partners LLC increased its holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 50.9% in the fourth quarter. Ballentine Partners LLC now owns 16,358 shares of the utilities provider’s stock valued at $269,000 after buying an additional 5,517 shares during the last quarter.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Trading Up 4.7 %

NYSE:TLK opened at $15.22 on Thursday. The company has a market cap of $15.08 billion, a PE ratio of 10.57, a P/E/G ratio of 2.10 and a beta of 0.77. The business’s 50 day moving average is $16.43 and its two-hundred day moving average is $17.80. The company has a quick ratio of 0.69, a current ratio of 0.70 and a debt-to-equity ratio of 0.14. Perusahaan Perseroan has a 52 week low of $14.16 and a 52 week high of $26.85.

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.