C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Invests $247,000 in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK)

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new position in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 15,000 shares of the utilities provider’s stock, valued at approximately $247,000.

Several other hedge funds also recently modified their holdings of TLK. Creative Planning increased its holdings in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 8.2% during the third quarter. Creative Planning now owns 64,238 shares of the utilities provider’s stock worth $1,271,000 after buying an additional 4,875 shares in the last quarter. Legacy Wealth Asset Management LLC increased its holdings in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 2.9% in the third quarter. Legacy Wealth Asset Management LLC now owns 127,849 shares of the utilities provider’s stock valued at $2,529,000 after purchasing an additional 3,581 shares in the last quarter. US Bancorp DE increased its holdings in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 20.3% in the third quarter. US Bancorp DE now owns 114,342 shares of the utilities provider’s stock valued at $2,262,000 after purchasing an additional 19,263 shares in the last quarter. Van ECK Associates Corp increased its holdings in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 127.3% in the third quarter. Van ECK Associates Corp now owns 198,504 shares of the utilities provider’s stock valued at $3,710,000 after purchasing an additional 111,162 shares in the last quarter. Finally, Marks Group Wealth Management Inc increased its holdings in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 21.2% in the third quarter. Marks Group Wealth Management Inc now owns 15,423 shares of the utilities provider’s stock valued at $305,000 after purchasing an additional 2,698 shares in the last quarter.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Stock Performance

Shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk stock opened at $16.18 on Friday. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.70 and a quick ratio of 0.69. The firm has a market cap of $16.03 billion, a P/E ratio of 11.24, a P/E/G ratio of 2.21 and a beta of 0.77. The firm has a 50 day simple moving average of $16.21 and a 200 day simple moving average of $17.69. Perusahaan Perseroan has a fifty-two week low of $14.16 and a fifty-two week high of $26.66.

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.