Crossmark Global Holdings Inc. Acquires 21,161 Shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK)

Crossmark Global Holdings Inc. boosted its holdings in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) by 50.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 63,004 shares of the utilities provider’s stock after acquiring an additional 21,161 shares during the period. Crossmark Global Holdings Inc.’s holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk were worth $1,246,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in TLK. UMB Bank n.a. grew its holdings in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 88.9% during the second quarter. UMB Bank n.a. now owns 1,402 shares of the utilities provider’s stock valued at $26,000 after buying an additional 660 shares during the last quarter. BNP Paribas Financial Markets grew its stake in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 17.4% during the 1st quarter. BNP Paribas Financial Markets now owns 6,814 shares of the utilities provider’s stock valued at $152,000 after purchasing an additional 1,011 shares during the period. Ballentine Partners LLC lifted its stake in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 13.7% in the 2nd quarter. Ballentine Partners LLC now owns 12,971 shares of the utilities provider’s stock worth $243,000 after purchasing an additional 1,560 shares during the period. Bank of Montreal Can boosted its holdings in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 2.1% in the second quarter. Bank of Montreal Can now owns 120,089 shares of the utilities provider’s stock worth $2,250,000 after buying an additional 2,494 shares during the last quarter. Finally, Marks Group Wealth Management Inc grew its position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 21.2% during the third quarter. Marks Group Wealth Management Inc now owns 15,423 shares of the utilities provider’s stock valued at $305,000 after buying an additional 2,698 shares during the period.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Trading Down 0.4 %

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk stock opened at $16.20 on Thursday. The company has a current ratio of 0.70, a quick ratio of 0.69 and a debt-to-equity ratio of 0.14. The firm’s 50 day moving average price is $19.09 and its 200-day moving average price is $18.79. Perusahaan Perseroan has a 1 year low of $16.00 and a 1 year high of $26.85.

Analysts Set New Price Targets

Separately, StockNews.com raised Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk from a “hold” rating to a “buy” rating in a research note on Friday, October 4th.

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.